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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against HTX+0.004%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TSM-USDT440.130get 0.0000% / 8h6h 20m$9K$8K20x
ShortAevo TSM-PERP440.150.0104get 0.0013% / 1h20m 55s$12310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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
$21.84
Price spread: +0.004% → 0.000%
$0.45
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$5.71
Costs to cover
0.280%
Break-even
8.8 days
Slippage unknown: HTX: no order-book sample; Aevo: 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 HTX no order-book sample
Sell Aevo no order-book sample
HTX and Aevo: 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%1h439.42−0.161%$372K$98K10xas long as short
Aster TSMUSDT0.0000%8h440.17+0.009%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h440.00−0.030%$2.0M$398K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.30+0.039%$4.0M$2.7M20xas long as short
Gate TSM_USDT0.0000%8h440.11−0.005%$1.7M$1.1M100xas long as short
Bitget TSMUSDT0.0000%8h440.27+0.032%$1.8M$1.5M20xas long as short
Variational Omni TSM0.0000%8h440.30+0.040%$552K$44Kas long as short
SunX TSM-USDT0.0000%8h440.40+0.061%$2K$3.8M10xas long as short
HTX TSM-USDTlong0.0000%8h440.13long leg$9K$8K20x
Phemex TSMUSDT0.0000%8h439.79−0.077%$1.5M$545K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h440.20+0.016%$496K$143K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.88−0.057%$2K25xas long as short
Binance TSMUSDT+0.0047%8h440.28+0.034%$13.0M$8.3M20xas long as short
Lighter RH TSM+0.0048%1h440.23+0.023%$195K$726K10xas long as short
Extended TSM-USD+0.0048%1h440.15+0.004%$5K$215K10xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.88−0.057%$10.1M$2.0M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h440.00−0.030%$186K$71K10xas long as short
SoDEX TSM-USD+0.0050%1h439.89−0.055%$133$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.01−0.027%$158K$27K10xas long as short
BloFin TSM-USDT+0.0067%8h440.40+0.061%$45K$112K20xas long as short
KuCoin TSMUSDTM+0.0100%8h439.79−0.077%$267K$411K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.23+0.023%$2110xas long as short
Aevo TSM-PERPshort+0.0104%1h440.15+0.004%$12310x
Phoenix TSM+0.0145%1h440.08−0.011%$209K$10K10xas long as short
Injective TSM/USDC PERP+0.0220%1h443.95+0.868%$6K$38K12xas long as short
GRVT TSM_USDT_Perp+0.0232%8h440.34+0.048%$9K$1.3M10xas long as short
edgeX TSMUSDC+0.0570%4h440.32+0.044%$47K$216K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0705%1h440.18+0.011%$4$11K10xas long as short