Settings8H · net · $10k
Funding arb · Price arb /

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h −0.026%
Price spread now: BloFin against Aevo+0.005%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TSM-PERP440.150.0104pay 0.0013% / 1h59m 11s$12310x
ShortBloFin TSM-USDT440.170.0044get 0.0044% / 8h6h 59m$45K$111K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$12.5
Price spread: +0.005% → 0.000%
$0.47
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$40.04
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 56 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell BloFin live order book, 56 min ago0.91 bp10.7 bp −$1118.5 bp −$185doesn't fitdoesn't fit
Aevo: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TSM-PERP-INTX−0.0016%1h439.24−0.207%$371K$98K10xas long as short
Aster TSMUSDT0.0000%8h439.98−0.039%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.84−0.070%$2.0M$401K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.02−0.029%$4.0M$2.7M20xas long as short
Gate TSM_USDT0.0000%8h439.85−0.068%$1.7M$1.1M100xas long as short
Bitget TSMUSDT0.0000%8h440.03−0.027%$1.8M$1.5M20xas long as short
Variational Omni TSM0.0000%8h440.05−0.022%$551K$44Kas long as short
SunX TSM-USDT0.0000%8h440.28+0.030%$2K$3.9M10xas long as short
HTX TSM-USDT0.0000%8h440.16+0.002%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.38+0.052%$1.5M$543K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended TSM-USD+0.0024%1h440.14−0.003%$1K$214K10xas long as short
Binance TSMUSDT+0.0026%8h440.26+0.025%$12.9M$8.3M20xas long as short
Lighter TSM+0.0032%1h439.99−0.036%$495K$142K10xas long as short
BloFin TSM-USDTshort+0.0044%8h440.17+0.005%$45K$111K20x
Vest TSM-USD-PERP+0.0046%1h439.76−0.088%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.65−0.113%$10.0M$1.9M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.78−0.084%$190K$67K10xas long as short
SoDEX TSM-USD+0.0050%1h439.78−0.084%$136$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.48−0.152%$158K$27K10xas long as short
Lighter RH TSM+0.0056%1h440.04−0.025%$196K$724K10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.74−0.093%$267K$371K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.08−0.016%$2110xas long as short
Aevo TSM-PERPlong+0.0104%1h440.15long leg$12310x
Phoenix TSM+0.0145%1h439.86−0.066%$209K$10K10xas long as short
Injective TSM/USDC PERP+0.0220%1h443.95+0.863%$6K$38K12xas long as short
GRVT TSM_USDT_Perp+0.0238%8h439.96−0.042%$12K$1.3M10xas long as short
edgeX TSMUSDC+0.0242%4h440.12−0.006%$47K$217K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0728%1h440.12−0.007%$4$13K10xas long as short