After costs, if the gap returns to its 7d average, $10k−$227
spread now−0.014%7d average+0.018%fees + slippage, in and out−$223spread needed2.234%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:TSM | 442.57 | 0.0050 | pay 0.0006% / 1h | 43m 38s | $10.3M | $2.2M | 10x |
| Short | KuCoin TSMUSDTM | 442.51 | 0.0100 | get 0.0100% / 8h | 5h 43m | $271K | $312K | 20x |
tradeXYZ xyz:TSM
KuCoin TSMUSDTMPrice 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
- −$1.36
- Funding while held
- $1.5
- Slippage, 4 orders
- −$193.43
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$223.29
- Spread needed to break even
- 2.234%
Slippage from tradeXYZ: live order book, 5 min ago; KuCoin: live order book, 55 min ago.
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 tradeXYZ live order book, 5 min ago | 0.68 bp | 10.4 bp −$10 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 12.67 bp | 106.7 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps442.25cheapestSoDEX442.50+0.057%
Ondo Perps
SoDEXKuCoin442.51+0.059%
HTX442.51+0.059%Polymarket Perps442.52+0.061%edgeX442.52+0.062%Vest442.53+0.063%Phoenix442.53+0.063%
HTX
Polymarket Perps
Vest
PhoenixtradeXYZ442.57+0.072%
Gate442.59+0.077%Variational Omni442.64+0.087%Bybit442.66+0.093%Coinbase International442.69+0.099%BloFin442.71+0.104%Phemex442.74+0.111%SunX442.75+0.113%Deribit442.77+0.118%Orderly442.80+0.124%Aevo442.82+0.128%Extended442.85+0.136%Binance442.85+0.136%OKX442.86+0.138%Bitget442.88+0.142%Lighter RH442.89+0.145%Aster443.27+0.231%Lighter443.42+0.265%Injective447.12+1.101%
Gate
Variational Omni
Bybit
Coinbase International
BloFin
Phemex
SunX
Deribit
Orderly
Aevo
Extended
Binance
OKX
Bitget
Lighter RH
Aster
Lighter
InjectiveTSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps TSM-USD.P | −0.072% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| SoDEX TSM-USD | −0.016% | +0.0050% | 1h | $149 | $3K | 10x | as long as short |
| KuCoin TSMUSDTMshort | −0.014% | +0.0100% | 8h | $271K | $312K | 20x | |
| HTX TSM-USDT | −0.014% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| Polymarket Perps TSM-USD | −0.011% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| edgeX TSMUSDC | −0.010% | +0.0993% | 4h | $48K | $216K | 10x | as long as short |
| Vest TSM-USD-PERP | −0.009% | +0.0046% | 1h | — | — | 25x | as long as short |
| Phoenix TSM | −0.009% | +0.0199% | 1h | $215K | $5K | 10x | as long as short |
| tradeXYZ xyz:TSMlong | 0.000% | +0.0050% | 1h | $10.3M | $2.2M | 10x | |
| Gate TSM_USDT | +0.005% | 0.0000% | 8h | $1.7M | $833K | 100x | as long as short |