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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni 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 4 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 · Variational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT440.440get 0.0000% / 8h3h 10m$82K$2K20x
ShortVariational Omni TSM440.480get 0.0000% / 8h3h 10m$546K$40K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.010% → 0.000%
$0.97
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$7.03
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 43 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 Variational Omni RFQ quote, 43 min ago1.97 bpdoesn't fit30.1 bp −$301doesn'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 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
Bitget TSMUSDT−0.0208%8h440.81+0.085%$1.8M$1.5M20xas long as short
Aster TSMUSDTlong0.0000%8h440.44long leg$82K$2K20x
Bybit TSMUSDT0.0000%8h440.28−0.035%$2.0M$388K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.39−0.010%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h440.35−0.019%$1.7M$1.1M100xas long as short
Variational Omni TSMshort0.0000%8h440.48+0.010%$546K$40K
SunX TSM-USDT0.0000%8h440.56+0.028%$1K$4.2M10xas long as short
HTX TSM-USDT0.0000%8h440.79+0.080%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.68+0.055%$1.5M$487K10xas long as short
Lighter TSM+0.0032%1h440.47+0.008%$496K$176K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h440.47+0.008%$219K$677K10xas long as short
Vest TSM-USD-PERP+0.0046%1h440.24−0.044%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.98−0.103%$10.2M$2.0M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h440.27−0.038%$192K$60K10xas long as short
SoDEX TSM-USD+0.0050%1h440.18−0.058%$140$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.53+0.021%$156K$23K10xas long as short
Extended TSM-USD+0.0064%1h440.40−0.007%$1K$195K10xas long as short
Binance TSMUSDT+0.0067%8h440.44+0.001%$12.9M$7.5M20xas long as short
GRVT TSM_USDT_Perp+0.0075%8h440.68+0.056%$10K$1.3M10xas long as short
Coinbase International TSM-PERP-INTX+0.0088%1h440.03−0.092%$367K$102K10xas long as short
BloFin TSM-USDT+0.0089%8h440.67+0.053%$45K$101K20xas long as short
KuCoin TSMUSDTM+0.0100%8h440.25−0.042%$267K$311K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.51+0.017%$2110xas long as short
Aevo TSM-PERP+0.0104%1h440.51+0.016%$12310xas long as short
edgeX TSMUSDC+0.0148%4h440.75+0.071%$47K$216K10xas long as short
Phoenix TSM+0.0199%1h440.65+0.049%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h445.45+1.138%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0523%1h440.46+0.006%$4$24K10xas long as short