Spread before costs (cost unknown: a leg has no order-book sample)+0.054%
7d average—if it closes, per $10,000$5funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSM-USD | 442.20 | 0.0050 | pay 0.0006% / 1h | 47m 58s | $187K | $82K | 10x |
| Short | Orderly PERP_TSM_USDC_mythos | 442.44 | 0.0100 | get 0.0100% / 8h | 5h 47m | $21 | — | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.43
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$7.07
- Spread needed to break even
- 0.140%
Slippage unknown: Polymarket Perps: live order book, 51 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 51 min ago | 1.81 bp | 7.2 bp −$7 | 7.9 bp −$79 | 10.4 bp −$1,042 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TSM price on every exchange
against the cheapest. Click to use as the short leg.TSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate TSM_USDT | −0.018% | 0.0000% | 8h | $1.7M | $832K | 100x | as long as short |
| tradeXYZ xyz:TSM | −0.014% | +0.0050% | 1h | $10.2M | $2.2M | 10x | as long as short |
| Vest TSM-USD-PERP | −0.011% | +0.0046% | 1h | — | — | 25x | as long as short |
| Polymarket Perps TSM-USDlong | 0.000% | +0.0050% | 1h | $187K | $82K | 10x | |
| SoDEX TSM-USD | 0.000% | +0.0050% | 1h | $149 | $3K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.005% | +0.0100% | 8h | $271K | $312K | 20x | as long as short |
| Bybit TSMUSDT | +0.016% | 0.0000% | 8h | $2.0M | $354K | 50x | as long as short |
| OKX TSM-USDT-SWAP | +0.038% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| Ondo Perps TSM-USD.P | +0.050% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| Bitget TSMUSDT | +0.052% | +0.0097% | 8h | $1.6M | $1.4M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo TSM-PERP | +0.053% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythosshort | +0.054% | +0.0100% | 8h | $21 | — | 10x | |
| SunX TSM-USDT | +0.054% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
| Extended TSM-USD | +0.056% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | +0.059% | 0.0000% | 8h | $13.0M | $6.2M | 20x | as long as short |
| Lighter RH TSM | +0.066% | +0.0032% | 1h | $205K | $711K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.070% | +0.0361% | 1h | $97 | $61K | 10x | as long as short |
| Phemex TSMUSDT | +0.077% | 0.0000% | 8h | $1.5M | $413K | 10x | as long as short |
| BloFin TSM-USDT | +0.077% | −0.0015% | 8h | $45K | $94K | 20x | as long as short |
| HTX TSM-USDT | +0.093% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.111% | −0.0040% | 1h | $357K | $88K | 10x | as long as short |
| Phoenix TSM | +0.113% | +0.0199% | 1h | $215K | $5K | 10x | as long as short |
| Variational Omni TSM | +0.131% | 0.0000% | 8h | $559K | $81K | — | as long as short |
| edgeX TSMUSDC | +0.149% | +0.0361% | 4h | $48K | $215K | 10x | as long as short |
| Aster TSMUSDT | +0.151% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Lighter TSM | +0.228% | +0.0616% | 1h | $501K | $152K | 10x | as long as short |
| Injective TSM/USDC PERP | +1.199% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |
Polymarket Perps TSM-USD
Gate
tradeXYZ
SoDEX
KuCoin
Bybit
OKX
Bitget
SunX
Extended
Binance
Lighter RH
Deribit
Phemex
BloFin
HTX
Coinbase International
Phoenix
Variational Omni
Aster
Lighter
Injective