Spread before costs (cost unknown: a leg has no order-book sample)−0.064%
7d average−0.068%if it closes, per $10,000$6funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 443.12 | 0 | get 0.0000% / 8h | 6h 05m | $559K | $81K | — |
| Short | Polymarket Perps TSM-USD | 442.84 | 0.0050 | get 0.0006% / 1h | 5m 11s | $187K | $82K | 10x |
Variational Omni TSM
Polymarket Perps 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
- −$6.38
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$12.88
- Spread needed to break even
- 0.080%
Slippage unknown: Variational Omni: RFQ quote, 35 min ago; Polymarket Perps: live order book, 33 min ago. 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 Variational Omni RFQ quote, 35 min ago | 2.70 bp | doesn't fit | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 33 min ago | 1.81 bp | 6.9 bp −$7 | 8.0 bp −$80 | 10.8 bp −$1,081 | doesn't fit |
TSM price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International442.62cheapestKuCoin442.68+0.014%Gate442.74+0.027%Ondo Perps442.77+0.034%tradeXYZ442.81+0.043%Bybit442.84+0.050%
Coinbase International
KuCoin
Gate
Ondo Perps
tradeXYZ
BybitPolymarket Perps442.84+0.050%
SoDEX442.85+0.052%HTX442.90+0.063%Bitget442.93+0.070%Vest442.93+0.070%Extended443.00+0.087%BloFin443.01+0.088%edgeX443.01+0.089%OKX443.03+0.093%SunX443.04+0.095%Binance443.05+0.097%Orderly443.06+0.099%Deribit443.06+0.099%Aevo443.08+0.104%Phoenix443.12+0.113%
SoDEX
HTX
Bitget
Vest
Extended
BloFin
OKX
SunX
Binance
Orderly
Deribit
Aevo
PhoenixVariational Omni443.12+0.114%
Lighter RH443.15+0.120%Phemex443.21+0.133%Lighter443.57+0.215%Aster443.57+0.216%Injective446.67+0.915%
Lighter RH
Phemex
Lighter
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 | −0.113% | −0.0048% | 1h | $357K | $87K | 10x | as long as short |
| KuCoin TSMUSDTM | −0.100% | +0.0100% | 8h | $271K | $304K | 20x | as long as short |
| Gate TSM_USDT | −0.086% | 0.0000% | 8h | $1.7M | $832K | 100x | as long as short |
| Ondo Perps TSM-USD.P | −0.080% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.071% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Bybit TSMUSDT | −0.064% | 0.0000% | 8h | $2.0M | $354K | 50x | as long as short |
| Polymarket Perps TSM-USDshort | −0.064% | +0.0050% | 1h | $187K | $82K | 10x | |
| SoDEX TSM-USD | −0.062% | +0.0050% | 1h | $150 | $3K | 10x | as long as short |
| HTX TSM-USDT | −0.050% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| Bitget TSMUSDT | −0.043% | +0.0104% | 8h | $1.7M | $1.4M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest TSM-USD-PERP | −0.043% | +0.0046% | 1h | — | — | 25x | as long as short |
| Extended TSM-USD | −0.027% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| BloFin TSM-USDT | −0.025% | −0.0019% | 8h | $45K | $94K | 20x | as long as short |
| edgeX TSMUSDC | −0.025% | +0.0402% | 4h | $48K | $215K | 10x | as long as short |
| OKX TSM-USDT-SWAP | −0.021% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| SunX TSM-USDT | −0.019% | 0.0000% | 8h | $2K | $5.3M | 10x | as long as short |
| Binance TSMUSDT | −0.016% | 0.0000% | 8h | $13.1M | $6.1M | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | −0.014% | +0.0100% | 8h | $21 | — | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | −0.014% | 0.0000% | 1h | $97 | $61K | 10x | as long as short |
| Aevo TSM-PERP | −0.010% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Phoenix TSM | −0.001% | +0.0181% | 1h | $216K | $5K | 10x | as long as short |
| Variational Omni TSMlong | 0.000% | 0.0000% | 8h | $559K | $81K | — | |
| Lighter RH TSM | +0.006% | +0.0032% | 1h | $205K | $902K | 10x | as long as short |
| Phemex TSMUSDT | +0.020% | 0.0000% | 8h | $1.5M | $409K | 10x | as long as short |
| Lighter TSM | +0.101% | +0.0368% | 1h | $501K | $152K | 10x | as long as short |
| Aster TSMUSDT | +0.102% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Injective TSM/USDC PERP | +0.801% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |