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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.010%
Price spread now: Extended against BloFin−0.021%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.021%, 7d avg −0.031%
Together, before fees+0.059%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TSM-USDT446.11−0.0001get 0.0001% / 8h1h 16m$44K$105K20x
ShortExtended TSM-USD446.020get 0.0000% / 1h16m 58s$2K$167K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
$0.29
Price spread: −0.021% → −0.031%
$1.04
Slippage, 4 orders
−$19.69
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$35.35
Costs to cover
0.367%
Break-even
855.1 days
Slippage from BloFin: live order book, 50 min ago; Extended: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 50 min ago0.11 bp9.5 bp −$1017.3 bp −$173doesn't fitdoesn't fit
Sell Extended live order book, 64 min ago1.46 bp9.5 bp −$998.9 bp −$989doesn't fitdoesn't fit

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−0.0482%4h446.06−0.011%$48K$215K10xas long as short
BloFin TSM-USDTlong−0.0001%8h446.11long leg$44K$105K20x
Aster TSMUSDT0.0000%8h445.93−0.040%$82K$1K20xas long as short
Extended TSM-USDshort0.0000%1h446.02−0.021%$2K$167K10x
Binance TSMUSDT0.0000%8h446.10−0.003%$13.2M$7.0M20xas long as short
Bybit TSMUSDT0.0000%8h445.81−0.067%$2.0M$423K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h445.98−0.029%$4.0M$3.1M20xas long as short
Gate TSM_USDT0.0000%8h445.83−0.063%$1.7M$923K100xas long as short
Bitget TSMUSDT0.0000%8h445.91−0.045%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h446.07−0.009%$552K$85Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h446.00−0.025%$5K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h446.06−0.011%$1K$5.4M10xas long as short
HTX TSM-USDT0.0000%8h446.07−0.009%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h445.10−0.226%$1.5M$472K10xas long as short
Coinbase International TSM-PERP-INTX+0.0008%1h444.60−0.338%$356K$96K10xas long as short
Lighter RH TSM+0.0032%1h446.110.000%$225K$602K10xas long as short
Vest TSM-USD-PERP+0.0046%1h445.95−0.036%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h445.82−0.065%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h445.82−0.065%$196K$91K10xas long as short
SoDEX TSM-USD+0.0050%1h445.76−0.078%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h445.49−0.139%$159K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h445.60−0.114%$271K$334K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.00−0.025%$2110xas long as short
Aevo TSM-PERP+0.0104%1h446.04−0.015%$12510xas long as short
Deribit TSM_USDC-PERPETUAL+0.0131%1h446.03−0.018%$4$61K10xas long as short
Phoenix TSM+0.0162%1h445.83−0.063%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h449.91+0.852%$7K$38K12xas long as short
Lighter TSM+0.0416%1h446.67+0.126%$504K$167K10xas long as short