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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Aster+0.010%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT444.930get 0.0000% / 8h2h 26m$82K$1K20x
ShortOrderly PERP_TSM_USDC_mythos444.970.0100get 0.0100% / 8h2h 26m$2110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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
Price spread: +0.010% → 0.000%
$0.98
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$7.98
Costs to cover
0.140%
Break-even
4.3 days
Slippage unknown: Aster: no order-book sample; Orderly: 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 Aster no order-book sample
Sell Orderly no order-book sample
Aster 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 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−0.0774%4h444.96+0.007%$48K$215K10xas long as short
BloFin TSM-USDT−0.0015%8h444.95+0.005%$44K$104K20xas long as short
Aster TSMUSDTlong0.0000%8h444.93long leg$82K$1K20x
Extended TSM-USD0.0000%1h444.91−0.004%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h444.96+0.008%$13.1M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h444.58−0.078%$2.0M$418K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h444.87−0.013%$4.0M$3.1M20xas long as short
Gate TSM_USDT0.0000%8h444.71−0.049%$1.7M$920K100xas long as short
Bitget TSMUSDT0.0000%8h444.88−0.010%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h444.90−0.005%$551K$85Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h444.99+0.014%$17K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h444.93+0.001%$1K$5.4M10xas long as short
HTX TSM-USDT0.0000%8h444.78−0.033%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.87−0.013%$1.5M$463K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h444.60−0.073%$356K$96K10xas long as short
Lighter RH TSM+0.0032%1h445.15+0.050%$201K$661K10xas long as short
Vest TSM-USD-PERP+0.0046%1h444.86−0.015%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h444.67−0.058%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h444.77−0.035%$188K$82K10xas long as short
SoDEX TSM-USD+0.0050%1h444.64−0.064%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h444.78−0.033%$159K$20K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0087%1h444.98+0.012%$4$61K10xas long as short
KuCoin TSMUSDTM+0.0100%8h444.67−0.058%$271K$340K20xas long as short
Orderly PERP_TSM_USDC_mythosshort+0.0100%8h444.97+0.010%$2110x
Aevo TSM-PERP+0.0104%1h445.15+0.050%$12510xas long as short
Phoenix TSM+0.0180%1h445.08+0.035%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h468.41+5.278%$7K$39K12xas long as short
Lighter TSM+0.0632%1h445.86+0.210%$503K$159K10xas long as short