Spread before costs (cost unknown: a leg has no order-book sample)+0.050%
7d average—if it closes, per $10,000$5funding while held, a day+$1.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest TSM-USD-PERP | 442.27 | 0.0046 | pay 0.0006% / 1h | 25m 41s | — | — | 25x |
| Short | Orderly PERP_TSM_USDC_mythos | 442.49 | 0.0100 | get 0.0100% / 8h | 6h 25m | $21 | — | 10x |
Price 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
- $4.97
- Funding while held
- $1.63
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.4
- Spread needed to break even
- 0.080%
Slippage unknown: Vest: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.63
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Vest and Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.TSM on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix TSM | −0.176% | +0.0181% | 1h | $215K | $5K | 10x | as long as short |
| Variational Omni TSM | −0.117% | 0.0000% | 8h | $557K | $81K | — | as long as short |
| Ondo Perps TSM-USD.P | −0.068% | +0.0050% | 1h | $157K | $17K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.020% | −0.0048% | 1h | $357K | $86K | 10x | as long as short |
| Bybit TSMUSDT | −0.018% | 0.0000% | 8h | $2.0M | $352K | 50x | as long as short |
| KuCoin TSMUSDTM | −0.016% | +0.0100% | 8h | $271K | $298K | 20x | as long as short |
| SoDEX TSM-USD | −0.016% | +0.0050% | 1h | $149 | $3K | 10x | as long as short |
| tradeXYZ xyz:TSM | −0.011% | +0.0050% | 1h | $10.3M | $2.2M | 10x | as long as short |
| Gate TSM_USDT | −0.002% | 0.0000% | 8h | $1.7M | $826K | 100x | as long as short |
| Polymarket Perps TSM-USD | −0.002% | +0.0050% | 1h | $187K | $82K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest TSM-USD-PERPlong | 0.000% | +0.0046% | 1h | — | — | 25x | |
| edgeX TSMUSDC | +0.006% | +0.0161% | 4h | $48K | $214K | 10x | as long as short |
| HTX TSM-USDT | +0.014% | 0.0000% | 8h | $9K | $8K | 20x | as long as short |
| OKX TSM-USDT-SWAP | +0.041% | 0.0000% | 8h | $3.9M | $2.8M | 20x | as long as short |
| Bitget TSMUSDT | +0.043% | +0.0116% | 8h | $1.7M | $1.4M | 20x | as long as short |
| Phemex TSMUSDT | +0.045% | 0.0000% | 8h | $1.5M | $405K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.047% | +0.0247% | 1h | $97 | $61K | 10x | as long as short |
| Binance TSMUSDT | +0.050% | +0.0003% | 8h | $13.0M | $6.1M | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythosshort | +0.050% | +0.0100% | 8h | $21 | — | 10x | |
| SunX TSM-USDT | +0.050% | 0.0000% | 8h | $2K | $5.3M | 10x | as long as short |
| Extended TSM-USD | +0.051% | 0.0000% | 1h | $2K | $167K | 10x | as long as short |
| Aevo TSM-PERP | +0.053% | +0.0104% | 1h | $124 | — | 10x | as long as short |
| Lighter RH TSM | +0.057% | +0.0032% | 1h | $202K | $898K | 10x | as long as short |
| BloFin TSM-USDT | +0.059% | −0.0005% | 8h | $45K | $92K | 20x | as long as short |
| Aster TSMUSDT | +0.130% | 0.0000% | 8h | $81K | $1K | 20x | as long as short |
| Lighter TSM | +0.158% | +0.0488% | 1h | $500K | $152K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.995% | +0.0220% | 1h | $7K | $38K | 12x | as long as short |
Phoenix
Variational Omni
Coinbase International
Bybit
KuCoin
SoDEX
tradeXYZ
Gate
Polymarket Perps
HTX
OKX
Bitget
Phemex
Deribit
Binance
SunX
Extended
Lighter RH
BloFin
Aster
Lighter
Injective