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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Aster+0.066%56s7-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 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.066% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT440.110get 0.0000% / 8h6h 20m$82K$2K20x
ShortSunX TSM-USDT440.400get 0.0000% / 8h6h 20m$2K$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.066% → 0.000%
$6.55
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$9.45
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; SunX: live order book, 11 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 Aster no order-book sample
Sell SunX live order book, 11 min ago45.21 bp127.3 bp −$127doesn't fitdoesn't fitdoesn't fit
Aster: 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 exchanges

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%1h439.42−0.157%$372K$98K10xas long as short
Aster TSMUSDTlong0.0000%8h440.11long leg$82K$2K20x
Bybit TSMUSDT0.0000%8h439.95−0.037%$2.0M$397K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.24+0.029%$4.0M$2.7M20xas long as short
Gate TSM_USDT0.0000%8h440.00−0.025%$1.7M$1.1M100xas long as short
Bitget TSMUSDT0.0000%8h440.24+0.029%$1.8M$1.5M20xas long as short
Variational Omni TSM0.0000%8h440.18+0.017%$551K$44Kas long as short
SunX TSM-USDTshort0.0000%8h440.40+0.066%$2K$3.8M10x
HTX TSM-USDT0.0000%8h440.13+0.004%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h439.79−0.073%$1.5M$545K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h440.16+0.011%$496K$143K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.77−0.078%$2K25xas long as short
Lighter RH TSM+0.0048%1h440.23+0.027%$195K$726K10xas long as short
Extended TSM-USD+0.0048%1h440.10−0.003%$5K$215K10xas long as short
Binance TSMUSDT+0.0048%8h440.23+0.027%$13.0M$8.3M20xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.88−0.053%$10.1M$2.0M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.84−0.062%$186K$71K10xas long as short
SoDEX TSM-USD+0.0050%1h439.89−0.050%$133$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.01−0.023%$158K$27K10xas long as short
BloFin TSM-USDT+0.0067%8h440.40+0.066%$45K$112K20xas long as short
KuCoin TSMUSDTM+0.0100%8h439.79−0.073%$267K$413K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.23+0.027%$2110xas long as short
Aevo TSM-PERP+0.0104%1h440.15+0.009%$12310xas long as short
Phoenix TSM+0.0145%1h440.08−0.007%$209K$10K10xas long as short
Injective TSM/USDC PERP+0.0220%1h443.95+0.872%$6K$38K12xas long as short
GRVT TSM_USDT_Perp+0.0232%8h440.34+0.052%$9K$1.3M10xas long as short
edgeX TSMUSDC+0.0570%4h440.32+0.048%$47K$216K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0705%1h440.18+0.016%$4$11K10xas long as short