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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against HTX+0.018%59s7-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: $0 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TSM-USDT440.160get 0.0000% / 8h7h 01m$9K$8K20x
ShortBloFin TSM-USDT440.240.0011get 0.0011% / 8h7h 01m$45K$110K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.24
Price spread: +0.018% → 0.000%
$1.82
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$19.95
Costs to cover
0.240%
Break-even
69.5 days
Slippage unknown: HTX: no order-book sample; BloFin: live order book, 53 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 HTX no order-book sample
Sell BloFin live order book, 53 min ago0.91 bp10.7 bp −$1118.5 bp −$185doesn't fitdoesn't fit
HTX: 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
Aster TSMUSDT0.0000%8h439.92−0.054%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.82−0.077%$2.0M$402K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.10−0.014%$4.0M$2.7M20xas long as short
Gate TSM_USDT0.0000%8h439.89−0.061%$1.7M$1.1M100xas long as short
Bitget TSMUSDT0.0000%8h440.03−0.030%$1.8M$1.5M20xas long as short
Variational Omni TSM0.0000%8h439.90−0.059%$551K$44Kas long as short
SunX TSM-USDT0.0000%8h440.15−0.002%$1K$3.9M10xas long as short
HTX TSM-USDTlong0.0000%8h440.16long leg$9K$8K20x
Phemex TSMUSDT0.0000%8h440.23+0.016%$1.5M$543K10xas long as short
BloFin TSM-USDTshort+0.0011%8h440.24+0.018%$45K$110K20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended TSM-USD+0.0024%1h440.04−0.027%$1K$214K10xas long as short
Binance TSMUSDT+0.0024%8h440.13−0.007%$12.9M$8.3M20xas long as short
Lighter TSM+0.0032%1h439.93−0.052%$495K$190K10xas long as short
Lighter RH TSM+0.0032%1h440.05−0.025%$196K$754K10xas long as short
Coinbase International TSM-PERP-INTX+0.0040%1h439.24−0.209%$371K$98K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.62−0.123%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.71−0.102%$10.0M$1.9M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.76−0.091%$190K$67K10xas long as short
SoDEX TSM-USD+0.0050%1h439.72−0.100%$138$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.66−0.114%$158K$27K10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.56−0.136%$267K$368K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h439.99−0.039%$2110xas long as short
Aevo TSM-PERP+0.0104%1h439.97−0.043%$12310xas long as short
Phoenix TSM+0.0145%1h439.51−0.148%$208K$10K10xas long as short
Injective TSM/USDC PERP+0.0220%1h443.95+0.861%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0227%1h440.00−0.036%$4$13K10xas long as short
GRVT TSM_USDT_Perp+0.0245%8h439.98−0.042%$4K$1.3M10xas long as short
edgeX TSMUSDC+0.0273%4h440.03−0.030%$47K$217K10xas long as short