ArbTide

TSM Arbitrage: Live Price Spreads Across Exchanges

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Delayed price feeds

Left out of spreads until they recover, so their opportunities are missing: CEX.IO 56 s

Status of every feed

As of 2026-10-03 22:47 UTC, ArbTide tracks TSM perpetual prices across exchanges. On perpetual markets, the best route has a 0.08% gross spread, which fees turn into a -0.14% net loss.

TSM perpetual prices by exchange

BuyBybit@ 473.58SellBinance@ 473.98Net spread -0.14% after 0.22% fees
  • HTX
    474.13
    Bid
    Ask
    474.38
    Book spread
    0.053%
    24h volume
    $58.4K
    Taker fee
    0.050%

  • Binance
    473.98
    Bid
    Ask
    474.03
    Book spread
    0.011%
    24h volume
    $1M
    Taker fee
    0.050%

  • WEEX
    473.94
    Bid
    Ask
    474.02
    Book spread
    0.017%
    24h volume
    $527.3K
    Taker fee
    0.080%

  • Deepcoin
    473.77
    Bid
    Ask
    473.79
    Book spread
    0.004%
    24h volume
    $361.2K
    Taker fee
    0.150%

  • OKX
    473.74
    Bid
    Ask
    473.75
    Book spread
    0.002%
    24h volume
    $255.1K
    Taker fee
    0.050%

  • XT.COM
    473.71
    Bid
    Ask
    473.72
    Book spread
    0.002%
    24h volume
    $129.9K
    Taker fee
    0.060%

  • BTSE
    473.7
    Bid
    Ask
    473.92
    Book spread
    0.046%
    24h volume
    $246.5K
    Taker fee
    0.055%

  • Gate
    473.61
    Bid
    Ask
    473.62
    Book spread
    0.002%
    24h volume
    $330.7K
    Taker fee
    0.050%

  • Bitget
    473.58
    Bid
    Ask
    473.7
    Book spread
    0.025%
    24h volume
    $153.4K
    Taker fee
    0.060%

  • WhiteBIT
    473.55
    Bid
    Ask
    473.95
    Book spread
    0.084%
    24h volume
    $305.4K
    Taker fee
    0.055%

  • Bybit
    473.53
    Bid
    Ask
    473.58
    Book spread
    0.011%
    24h volume
    $107.3K
    Taker fee
    0.060%

  • WOOFi Pro
    473.51
    Bid
    Ask
    474.35
    Book spread
    0.177%
    24h volume
    $347.4
    Taker fee
    0.050%

  • Extended
    473.48
    Bid
    Ask
    473.57
    Book spread
    0.019%
    24h volume
    $40K
    Taker fee
    0.200%

  • Crypto.com
    473.41
    Bid
    Ask
    473.66
    Book spread
    0.053%
    24h volume
    $1K
    Taker fee
    0.500%

  • Toobit
    473.39
    Bid
    Ask
    474.03
    Book spread
    0.135%
    24h volume
    $47.6K
    Taker fee
    0.100%

  • KuCoin
    473.2
    Bid
    Ask
    473.7
    Book spread
    0.106%
    24h volume
    $1.7M
    Taker fee
    0.060%

  • Aster
    471.36
    Bid
    Ask
    476.27
    Book spread
    1.031%
    24h volume
    $3.7K
    Taker fee
    0.035%

Showing 17 of 17

Net spread for every exchange pair

Each cell buys TSM at one exchange’s ask and sells at another’s bid, less taker fees on every fill. Cheapest asks are at the top, richest bids on the left, so profitable pairs gather in the top-left corner.

Loses after feesProfits after feesFigures are the net spread in % after taker fees on every fill; steps at 0.1%, 0.25%, 0.5%, 1%.
TSM net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →HTXBinanceWEEXDeepcoinOKXXT.COMBTSEGateBitgetWhiteBITBybitWOOFi ProExtendedCrypto.comToobitKuCoinAster
Extendedask 473.57-0.38-0.41-0.48-0.66-0.46-0.49-0.48-0.49-0.52-0.51-0.53-0.51Same exchange-1.43-0.64-0.60-0.94
Bybitask 473.58-0.10-0.14-0.20-0.38-0.19-0.21-0.20-0.21-0.24-0.24Same exchange-0.23-0.54-1.16-0.36-0.32-0.66
Gateask 473.62-0.09-0.12-0.19-0.37-0.17-0.20-0.19Same exchange-0.23-0.22-0.24-0.22-0.53-1.14-0.35-0.31-0.65
Crypto.comask 473.66-1.00-1.03-1.10-1.28-1.08-1.11-1.10-1.11-1.14-1.13-1.15-1.13-1.44Same exchange-1.26-1.22-1.56
Bitgetask 473.7-0.13-0.16-0.23-0.41-0.21-0.24-0.23-0.24Same exchange-0.26-0.28-0.26-0.57-1.18-0.39-0.35-0.68
KuCoinask 473.7-0.13-0.16-0.23-0.41-0.21-0.24-0.23-0.24-0.27-0.26-0.28-0.26-0.57-1.18-0.39Same exchange-0.68
XT.COMask 473.72-0.13-0.17-0.23-0.41-0.22Same exchange-0.23-0.24-0.27-0.27-0.28-0.26-0.57-1.19-0.39-0.35-0.69
OKXask 473.75-0.12-0.15-0.22-0.40Same exchange-0.23-0.22-0.23-0.26-0.25-0.27-0.25-0.56-1.17-0.38-0.34-0.67
Deepcoinask 473.79-0.33-0.36-0.43Same exchange-0.41-0.44-0.43-0.44-0.46-0.46-0.47-0.46-0.77-1.38-0.58-0.54-0.88
BTSEask 473.92-0.17-0.20-0.27-0.44-0.25-0.27Same exchange-0.28-0.30-0.30-0.31-0.30-0.60-1.22-0.42-0.38-0.72
WhiteBITask 473.95-0.17-0.20-0.27-0.45-0.25-0.28-0.27-0.28-0.31Same exchange-0.32-0.30-0.61-1.22-0.43-0.39-0.73
WEEXask 474.02-0.24-0.27Same exchange-0.51-0.32-0.35-0.34-0.35-0.37-0.37-0.38-0.37-0.67-1.29-0.49-0.45-0.79
Binanceask 474.03-0.18Same exchange-0.28-0.45-0.26-0.29-0.28-0.29-0.31-0.31-0.33-0.31-0.62-1.23-0.44-0.40-0.73
Toobitask 474.03-0.28-0.31-0.38-0.55-0.36-0.39-0.38-0.39-0.41-0.41-0.43-0.41-0.72-1.33Same exchange-0.50-0.83
WOOFi Proask 474.35-0.25-0.28-0.35-0.52-0.33-0.35-0.35-0.36-0.38-0.38-0.39Same exchange-0.68-1.30-0.50-0.46-0.80
HTXask 474.38Same exchange-0.28-0.35-0.53-0.33-0.36-0.35-0.36-0.39-0.38-0.40-0.38-0.69-1.30-0.51-0.47-0.81
Asterask 476.27-0.62-0.65-0.72-0.89-0.70-0.73-0.72-0.73-0.75-0.75-0.77-0.75-1.06-1.67-0.87-0.83Same exchange

Holding perpetual positions? Compare TSM funding rates across exchanges.

Frequently asked questions

Is there a TSM arbitrage opportunity right now?
No. The best TSM routes do not cover taker fees at the moment.
Which exchange has the cheapest TSM?
Lowest ask price: Perpetual: Extended at 473.57.
How is the net spread calculated?
Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.

How the net spread is calculated

New to this? Read what crypto arbitrage is.