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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against Bybit+0.022%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 7 days−0.007%−$1 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: Aster is 0.022% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TSMUSDT446.590get 0.0000% / 8h1m 51s$2.0M$415K50x
ShortAster TSMUSDT446.690get 0.0000% / 8h1m 51s$82K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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: +0.022% → 0.000%
$2.22
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$16.78
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Aster: 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 Bybit live order book, 5 min ago2.24 bp13.0 bp −$1384.7 bp −$847doesn't fitdoesn't fit
Sell Aster no order-book sample
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
Coinbase International TSM-PERP-INTX−0.0024%1h446.18−0.092%$357K$97K10xas long as short
Aster TSMUSDTshort0.0000%8h446.69+0.022%$82K$1K20x
Extended TSM-USD0.0000%1h446.79+0.045%$4K$169K10xas long as short
Bybit TSMUSDTlong0.0000%8h446.59long leg$2.0M$415K50x
OKX TSM-USDT-SWAP0.0000%8h446.94+0.078%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h446.44−0.034%$1.7M$912K100xas long as short
Bitget TSMUSDT0.0000%8h446.87+0.063%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h446.77+0.041%$553K$84Kas long as short
SunX TSM-USDT0.0000%8h446.86+0.060%$2K$5.1M10xas long as short
HTX TSM-USDT0.0000%8h446.75+0.036%$9K$9K20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TSMUSDT0.0000%8h446.94+0.078%$1.5M$457K10xas long as short
Binance TSMUSDT+0.0002%8h446.88+0.066%$13.2M$6.8M20xas long as short
GRVT TSM_USDT_Perp+0.0004%8h446.83+0.053%$7K$1.1M10xas long as short
BloFin TSM-USDT+0.0008%8h446.95+0.081%$44K$103K20xas long as short
Lighter RH TSM+0.0032%1h446.98+0.087%$228K$609K10xas long as short
Vest TSM-USD-PERP+0.0046%1h446.73+0.031%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h446.56−0.007%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h446.60+0.002%$197K$90K10xas long as short
SoDEX TSM-USD+0.0050%1h446.55−0.009%$143$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h446.77+0.040%$159K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.38−0.047%$271K$313K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.82+0.052%$2110xas long as short
Aevo TSM-PERP+0.0104%1h446.84+0.056%$12510xas long as short
Deribit TSM_USDC-PERPETUAL+0.0108%1h446.75+0.036%$4$61K10xas long as short
Phoenix TSM+0.0215%1h446.66+0.016%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h450.72+0.925%$7K$38K12xas long as short
Lighter TSM+0.0264%1h447.38+0.177%$505K$166K10xas long as short
edgeX TSMUSDC+0.0630%4h446.76+0.038%$48K$216K10xas long as short