Funding you earn now, next payment 10:00 UTC−0.0102%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.014%
Price spread now: Coinbase International against Vest0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest TSM-USD-PERP | 441.37 | 0.0046 | pay 0.0006% / 1h | 26m 39s | — | $2K | 25x |
| Short | Coinbase International TSM-PERP-INTX | 441.37 | −0.0056 | pay 0.0007% / 1h | 26m 39s | $373K | $109K | 10x |
Vest TSM-USD-PERP
Coinbase International TSM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.35
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$33.35
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 19 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 19 min ago | 5.77 bp | 10.8 bp −$11 | 13.0 bp −$130 | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TSM on 28 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0258% | 4h | 441.89 | +0.118% | $48K | $215K | 10x | as long as short |
| Coinbase International TSM-PERP-INTXshort | −0.0056% | 1h | 441.37 | 0.000% | $373K | $109K | 10x | |
| Aster TSMUSDT | 0.0000% | 8h | 442.09 | +0.163% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.64 | +0.061% | $2.0M | $392K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.83 | +0.104% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.70 | +0.075% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 441.90 | +0.120% | $1.8M | $1.5M | 20x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.91 | +0.122% | $2K | $3.7M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 441.75 | +0.086% | $97 | $10K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.80 | +0.097% | $9K | $8K | 20x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 441.37 | 0.000% | $1.5M | $567K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 442.09 | +0.163% | $498K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.91 | +0.122% | $198K | $687K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 443.95 | +0.585% | $6K | $38K | 12x | as long as short |
| Variational Omni TSM | +0.0040% | 8h | 441.71 | +0.076% | $554K | $44K | — | as long as short |
| Vest TSM-USD-PERPlong | +0.0046% | 1h | 441.37 | long leg | — | $2K | 25x | |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.55 | +0.041% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.64 | +0.061% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.53 | +0.036% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.40 | +0.007% | $158K | $33K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.59 | +0.050% | $268K | $466K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.88 | +0.116% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.84 | +0.106% | $124 | — | 10x | as long as short |
| Binance TSMUSDT | +0.0107% | 8h | 441.92 | +0.125% | $13.0M | $8.6M | 20x | as long as short |
| Extended TSM-USD | +0.0112% | 1h | 441.77 | +0.091% | $5K | $216K | 10x | as long as short |
| BloFin TSM-USDT | +0.0125% | 8h | 442.06 | +0.156% | $46K | $117K | 20x | as long as short |
| Phoenix TSM | +0.0253% | 1h | 441.96 | +0.134% | $210K | $10K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0335% | 8h | 442.20 | +0.189% | $8K | $1.3M | 10x | as long as short |
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
Injective TSM/USDC PERP
Variational Omni TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Binance TSMUSDT
Extended TSM-USD
BloFin TSM-USDT
Phoenix TSM
GRVT TSM_USDT_Perp