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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: HTX against Aevo−0.051%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.051% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TSM-PERP441.700.0104pay 0.0013% / 1h16m 12s$12410x
ShortHTX TSM-USDT441.470get 0.0000% / 8h4h 16m$9K$8K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21.84
Price spread: −0.051% → 0.000%
−$5.14
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee HTX: 6 bp × 2 orders
−$12
Net
−$54.98
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; HTX: no order-book sample. 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 HTX no order-book sample
Aevo and HTX: 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
edgeX TSMUSDC−0.0963%4h441.88+0.042%$48K$217K10xas long as short
Bitget TSMUSDT−0.0081%8h441.92+0.050%$1.8M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h441.88+0.042%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h441.60−0.022%$2.0M$395K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h441.64−0.013%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h441.52−0.040%$1.7M$1.0M100xas long as short
Variational Omni TSM0.0000%8h441.69−0.001%$547K$40Kas long as short
SunX TSM-USDT0.0000%8h441.77+0.016%$2K$4.3M10xas long as short
HTX TSM-USDTshort0.0000%8h441.47−0.051%$9K$8K20x
Phemex TSMUSDT0.0000%8h441.86+0.037%$1.5M$472K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h441.87+0.039%$497K$176K10xas long as short
Lighter RH TSM+0.0032%1h441.59−0.024%$220K$643K10xas long as short
Vest TSM-USD-PERP+0.0046%1h441.48−0.049%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h441.41−0.065%$10.2M$2.2M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h441.49−0.047%$194K$53K10xas long as short
SoDEX TSM-USD+0.0050%1h441.41−0.065%$139$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h441.30−0.090%$158K$23K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0067%1h441.62−0.017%$97$24K10xas long as short
Extended TSM-USD+0.0072%1h441.64−0.014%$1K$190K10xas long as short
Binance TSMUSDT+0.0076%8h441.71+0.003%$13.0M$7.3M20xas long as short
BloFin TSM-USDT+0.0077%8h441.70+0.001%$45K$99K20xas long as short
KuCoin TSMUSDTM+0.0100%8h441.35−0.079%$268K$309K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h441.69−0.002%$2110xas long as short
Aevo TSM-PERPlong+0.0104%1h441.70long leg$12410x
Coinbase International TSM-PERP-INTX+0.0120%1h440.79−0.205%$368K$102K10xas long as short
GRVT TSM_USDT_Perp+0.0135%8h441.74+0.010%$11K$1.2M10xas long as short
Phoenix TSM+0.0199%1h441.66−0.008%$215K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.69+1.357%$7K$38K12xas long as short