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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: SunX against Extended+0.027%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2712.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.027%, 7d avg +0.019%
Together, before fees−0.064%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TSM-USD447.190get 0.0000% / 1h32m 26s$3K$202K10x
ShortSunX TSM-USDT447.310get 0.0000% / 8h7h 32m$2K$5.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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: +0.027% → +0.019%
$0.86
Slippage, 4 orders
−$258.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$270.52
Costs to cover
2.714%
Break-even
never at this rate
Slippage from Extended: live order book, 39 min ago; SunX: live order book, 6 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 Extended live order book, 39 min ago2.24 bp9.9 bp −$1096.3 bp −$963doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago45.17 bp127.3 bp −$127doesn't fitdoesn'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
Coinbase International TSM-PERP-INTX−0.0024%1h446.95−0.053%$358K$101K10xas long as short
BloFin TSM-USDT−0.0005%8h447.27+0.018%$44K$102K20xas long as short
Aster TSMUSDT0.0000%8h447.23+0.010%$82K$1K20xas long as short
Extended TSM-USDlong0.0000%1h447.19long leg$3K$202K10x
Binance TSMUSDT0.0000%8h447.25+0.015%$13.2M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h447.07−0.026%$2.0M$408K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h447.34+0.034%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h446.90−0.064%$1.7M$908K100xas long as short
Variational Omni TSM0.0000%8h447.36+0.039%$554K$84Kas long as short
GRVT TSM_USDT_Perp0.0000%8h447.35+0.036%$9K$1.1M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TSM-USDTshort0.0000%8h447.31+0.027%$2K$5.0M10x
HTX TSM-USDT0.0000%8h447.14−0.011%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h447.21+0.005%$1.5M$451K10xas long as short
Bitget TSMUSDT+0.0006%8h447.24+0.012%$1.6M$1.4M20xas long as short
Lighter RH TSM+0.0032%1h447.31+0.027%$231K$638K10xas long as short
Vest TSM-USD-PERP+0.0046%1h447.18−0.002%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h446.95−0.053%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.05−0.031%$197K$41K10xas long as short
SoDEX TSM-USD+0.0050%1h446.89−0.067%$146$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h447.09−0.022%$158K$20K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.84−0.078%$271K$312K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h447.20+0.003%$2110xas long as short
Aevo TSM-PERP+0.0104%1h447.16−0.006%$12510xas long as short
Phoenix TSM+0.0179%1h447.34+0.034%$218K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h451.79+1.029%$7K$38K12xas long as short
Lighter TSM+0.0256%1h447.92+0.164%$505K$166K10xas long as short
edgeX TSMUSDC+0.0389%4h447.28+0.021%$48K$216K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0444%1h447.18−0.002%$4$32K10xas long as short