Spread before costs (cost unknown: a leg has no order-book sample)+0.107%
7d average−0.017%if it closes, per $10,000$11funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 442.61 | 0 | get 0.0000% / 8h | 6h 58m | $558K | $81K | — |
| Short | Extended TSM-USD | 443.08 | 0 | get 0.0000% / 1h | 58m 10s | $2K | $167K | 10x |
Variational Omni TSM
Extended TSM-USDPrice 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
- $10.72
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $5.72
- Spread needed to break even
- 0.050%
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; Extended: live order book, 46 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Variational Omni RFQ quote, 47 min ago | 2.70 bp | doesn't fit | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell Extended live order book, 46 min ago | 2.15 bp | 11.7 bp −$12 | 118.9 bp −$1,189 | doesn't fit | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International442.09cheapest
Coinbase InternationalVariational Omni442.61+0.117%
tradeXYZ442.73+0.145%Vest442.73+0.145%KuCoin442.75+0.149%Polymarket Perps442.76+0.152%Phoenix442.77+0.154%SoDEX442.77+0.154%Bybit442.80+0.161%Gate442.81+0.163%Ondo Perps442.83+0.167%edgeX442.85+0.172%Bitget442.94+0.192%OKX442.97+0.199%Lighter RH443.02+0.210%Deribit443.02+0.210%SunX443.03+0.213%Orderly443.04+0.215%Binance443.05+0.217%HTX443.05+0.217%Aevo443.07+0.221%
tradeXYZ
Vest
KuCoin
Polymarket Perps
Phoenix
SoDEX
Bybit
Gate
Ondo Perps
Bitget
OKX
Lighter RH
Deribit
SunX
Orderly
Binance
HTX
AevoExtended443.08+0.225%
BloFin443.20+0.251%Phemex443.24+0.260%Aster443.43+0.303%Lighter443.50+0.319%Injective447.14+1.142%
BloFin
Phemex
Aster
Lighter
InjectiveTSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.117% | −0.0048% | 1h | $357K | $84K | 10x | as long as short |
| Variational Omni TSMlong | 0.000% | 0.0000% | 8h | $558K | $81K | — | |
| tradeXYZ xyz:TSM | +0.027% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Vest TSM-USD-PERP | +0.027% | +0.0046% | 1h | — | — | 25x | as long as short |
| KuCoin TSMUSDTM | +0.032% | +0.0100% | 8h | $272K | $302K | 20x | as long as short |
| Polymarket Perps TSM-USD | +0.034% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
| Phoenix TSM | +0.036% | +0.0200% | 1h | $215K | $5K | 10x | as long as short |
| SoDEX TSM-USD | +0.036% | +0.0050% | 1h | $148 | $3K | 10x | as long as short |
| Bybit TSMUSDT | +0.043% | 0.0000% | 8h | $2.0M | $347K | 50x | as long as short |
| Gate TSM_USDT | +0.045% | 0.0000% | 8h | $1.7M | $801K | 100x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps TSM-USD.P | +0.050% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| edgeX TSMUSDC | +0.055% | +0.0744% | 4h | $48K | $216K | 10x | as long as short |
| Bitget TSMUSDT | +0.075% | +0.0102% | 8h | $1.6M | $1.4M | 20x | as long as short |
| OKX TSM-USDT-SWAP | +0.082% | 0.0000% | 8h | $3.9M | $2.7M | 20x | as long as short |
| Lighter RH TSM | +0.093% | +0.0032% | 1h | $201K | $887K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.093% | +0.0247% | 1h | $97 | $61K | 10x | as long as short |
| SunX TSM-USDT | +0.095% | 0.0000% | 8h | $2K | $5.3M | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.097% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Binance TSMUSDT | +0.100% | 0.0000% | 8h | $13.1M | $6.0M | 20x | as long as short |
| HTX TSM-USDT | +0.100% | 0.0000% | 8h | $9K | $7K | 20x | as long as short |
| Aevo TSM-PERP | +0.104% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Extended TSM-USDshort | +0.107% | 0.0000% | 1h | $2K | $167K | 10x | |
| BloFin TSM-USDT | +0.134% | +0.0011% | 8h | $45K | $90K | 20x | as long as short |
| Phemex TSMUSDT | +0.143% | 0.0000% | 8h | $1.5M | $395K | 10x | as long as short |
| Aster TSMUSDT | +0.186% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Lighter TSM | +0.201% | +0.0088% | 1h | $501K | $128K | 10x | as long as short |
| Injective TSM/USDC PERP | +1.024% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |