Spread before costs (cost unknown: a leg has no order-book sample)−0.086%
7d average−0.041%if it closes, per $10,000$9funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 441.66 | 0 | get 0.0000% / 8h | 7h 40m | $557K | $81K | — |
| Short | OKX TSM-USDT-SWAP | 441.28 | 0 | get 0.0000% / 8h | 7h 40m | $3.8M | $2.4M | 20x |
Variational Omni TSM
OKX TSM-USDT-SWAPPrice 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
- −$8.57
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$18.57
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; OKX: live order book, 4 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, 5 min ago | 2.70 bp | doesn't fit | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.57 bp | 8.6 bp −$9 | 20.2 bp −$202 | doesn't fit | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International440.87cheapestVest441.13+0.059%SoDEX441.14+0.061%tradeXYZ441.16+0.066%KuCoin441.22+0.079%Polymarket Perps441.22+0.079%Bybit441.23+0.082%Gate441.27+0.091%
Coinbase International
Vest
SoDEX
tradeXYZ
KuCoin
Polymarket Perps
Bybit
GateOKX441.28+0.093%
Bitget441.34+0.107%Ondo Perps441.39+0.118%Lighter RH441.46+0.134%Deribit441.46+0.134%Extended441.47+0.135%Orderly441.48+0.138%SunX441.48+0.138%Aevo441.51+0.146%HTX441.52+0.147%Binance441.53+0.150%BloFin441.53+0.150%Lighter441.54+0.152%
Bitget
Ondo Perps
Lighter RH
Deribit
Extended
Orderly
SunX
Aevo
HTX
Binance
BloFin
LighterVariational Omni441.66+0.179%
Phemex441.70+0.188%Phoenix441.73+0.195%edgeX441.79+0.209%Aster441.95+0.244%Injective446.17+1.202%
Phemex
Phoenix
Aster
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 | −0.179% | −0.0024% | 1h | $357K | $82K | 10x | as long as short |
| Vest TSM-USD-PERP | −0.120% | +0.0046% | 1h | — | — | 25x | as long as short |
| SoDEX TSM-USD | −0.117% | +0.0050% | 1h | $146 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.113% | +0.0050% | 1h | $10.3M | $2.1M | 10x | as long as short |
| KuCoin TSMUSDTM | −0.099% | +0.0100% | 8h | $271K | $306K | 20x | as long as short |
| Polymarket Perps TSM-USD | −0.099% | +0.0050% | 1h | $180K | $75K | 10x | as long as short |
| Bybit TSMUSDT | −0.097% | 0.0000% | 8h | $2.0M | $331K | 50x | as long as short |
| Gate TSM_USDT | −0.088% | 0.0000% | 8h | $1.7M | $766K | 100x | as long as short |
| OKX TSM-USDT-SWAPshort | −0.086% | 0.0000% | 8h | $3.8M | $2.4M | 20x | |
| Bitget TSMUSDT | −0.072% | +0.0140% | 8h | $1.7M | $1.3M | 20x | 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 | −0.061% | +0.0050% | 1h | $157K | $16K | 10x | as long as short |
| Lighter RH TSM | −0.045% | +0.0032% | 1h | $225K | $947K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.045% | +0.0317% | 1h | $4 | $61K | 10x | as long as short |
| Extended TSM-USD | −0.043% | +0.0008% | 1h | $2K | $167K | 10x | as long as short |
| Orderly PERP_TSM_USDC_mythos | −0.040% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| SunX TSM-USDT | −0.040% | 0.0000% | 8h | $1K | $5.3M | 10x | as long as short |
| Aevo TSM-PERP | −0.033% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| HTX TSM-USDT | −0.031% | 0.0000% | 8h | $9K | $7K | 20x | as long as short |
| Binance TSMUSDT | −0.029% | +0.0008% | 8h | $13.0M | $5.7M | 20x | as long as short |
| BloFin TSM-USDT | −0.029% | +0.0011% | 8h | $45K | $87K | 20x | as long as short |
| Lighter TSM | −0.027% | +0.0032% | 1h | $499K | $101K | 10x | as long as short |
| Variational Omni TSMlong | 0.000% | 0.0000% | 8h | $557K | $81K | — | |
| Phemex TSMUSDT | +0.009% | 0.0000% | 8h | $1.5M | $383K | 10x | as long as short |
| Phoenix TSM | +0.016% | +0.0200% | 1h | $215K | $5K | 10x | as long as short |
| edgeX TSMUSDC | +0.030% | −0.0004% | 4h | $48K | $214K | 10x | as long as short |
| Aster TSMUSDT | +0.065% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Injective TSM/USDC PERP | +1.022% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |