After costs, if the gap returns to its 7d average, $10k−$266
spread now−0.038%7d average+0.036%fees + slippage, in and out−$258spread needed2.581%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX TSM-USDT | 442.50 | 0 | get 0.0000% / 8h | 6h 43m | $1K | $5.3M | 10x |
| Short | Lighter RH TSM | 442.33 | 0.0032 | get 0.0004% / 1h | 43m 07s | $201K | $892K | 10x |
SunX TSM-USDT
Lighter RH TSMPrice 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
- −$3.84
- Funding while held
- $0.96
- Slippage, 4 orders
- −$248.13
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$261.01
- Spread needed to break even
- 2.581%
Slippage from SunX: live order book, 12 min ago; Lighter RH: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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 SunX live order book, 12 min ago | 45.34 bp | 124.6 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 2.26 bp | 2.3 bp −$2 | 6.3 bp −$63 | doesn't fit | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ441.94cheapestBybit442.04+0.023%Coinbase International442.09+0.034%KuCoin442.11+0.038%Vest442.13+0.043%Gate442.15+0.048%OKX442.16+0.050%SoDEX442.20+0.059%Binance442.25+0.070%Bitget442.26+0.072%Polymarket Perps442.29+0.079%Phoenix442.30+0.081%
tradeXYZ
Bybit
Coinbase International
KuCoin
Vest
Gate
OKX
SoDEX
Binance
Bitget
Polymarket Perps
PhoenixLighter RH442.33+0.088%
Phemex442.36+0.095%Ondo Perps442.40+0.104%Aevo442.48+0.122%Orderly442.49+0.124%Deribit442.49+0.124%Extended442.50+0.127%
Phemex
Ondo Perps
Aevo
Orderly
Deribit
ExtendedSunX442.50+0.127%
BloFin442.56+0.140%HTX442.63+0.156%edgeX442.67+0.165%Variational Omni442.69+0.169%Aster442.91+0.218%Lighter443.00+0.240%Injective447.33+1.220%
BloFin
HTX
Variational Omni
Aster
Lighter
InjectiveTSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:TSM | −0.127% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Bybit TSMUSDT | −0.104% | 0.0000% | 8h | $2.0M | $349K | 50x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.093% | −0.0048% | 1h | $357K | $84K | 10x | as long as short |
| KuCoin TSMUSDTM | −0.088% | +0.0100% | 8h | $271K | $300K | 20x | as long as short |
| Vest TSM-USD-PERP | −0.084% | +0.0046% | 1h | — | — | 25x | as long as short |
| Gate TSM_USDT | −0.079% | 0.0000% | 8h | $1.7M | $805K | 100x | as long as short |
| OKX TSM-USDT-SWAP | −0.077% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| SoDEX TSM-USD | −0.068% | +0.0050% | 1h | $148 | $3K | 10x | as long as short |
| Binance TSMUSDT | −0.057% | 0.0000% | 8h | $13.0M | $6.0M | 20x | as long as short |
| Bitget TSMUSDT | −0.054% | +0.0103% | 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 | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps TSM-USD | −0.047% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| Phoenix TSM | −0.045% | +0.0181% | 1h | $215K | $5K | 10x | as long as short |
| Lighter RH TSMshort | −0.038% | +0.0032% | 1h | $201K | $892K | 10x | |
| Phemex TSMUSDT | −0.032% | 0.0000% | 8h | $1.5M | $399K | 10x | as long as short |
| Ondo Perps TSM-USD.P | −0.023% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| Aevo TSM-PERP | −0.005% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | −0.002% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.002% | +0.0496% | 1h | $97 | $61K | 10x | as long as short |
| Extended TSM-USD | 0.000% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| SunX TSM-USDTlong | 0.000% | 0.0000% | 8h | $1K | $5.3M | 10x | |
| BloFin TSM-USDT | +0.014% | −0.0011% | 8h | $45K | $90K | 20x | as long as short |
| HTX TSM-USDT | +0.029% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| edgeX TSMUSDC | +0.038% | +0.0966% | 4h | $48K | $216K | 10x | as long as short |
| Variational Omni TSM | +0.042% | 0.0000% | 8h | $558K | $81K | — | as long as short |
| Aster TSMUSDT | +0.092% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Lighter TSM | +0.113% | +0.0400% | 1h | $500K | $148K | 10x | as long as short |
| Injective TSM/USDC PERP | +1.092% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |