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 0.000%
Price spread now: Variational Omni against HTX+0.028%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.028% dearer against HTX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TSM-USDT444.780get 0.0000% / 8h2h 28m$9K$9K20x
ShortVariational Omni TSM444.900get 0.0000% / 8h2h 28m$551K$85K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0
Price spread: +0.028% → 0.000%
$2.81
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.19
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Variational Omni: RFQ quote, 60 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 Variational Omni RFQ quote, 60 min ago1.98 bpdoesn't fit21.0 bp −$210doesn'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
edgeX TSMUSDC−0.0774%4h444.96+0.040%$48K$215K10xas long as short
BloFin TSM-USDT−0.0026%8h444.98+0.045%$44K$104K20xas long as short
Aster TSMUSDT0.0000%8h444.95+0.039%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h444.95+0.038%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h445.00+0.049%$13.1M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h444.66−0.027%$2.0M$418K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h444.96+0.040%$4.0M$3.1M20xas long as short
Gate TSM_USDT0.0000%8h444.74−0.009%$1.7M$920K100xas long as short
Bitget TSMUSDT0.0000%8h444.87+0.020%$1.6M$1.5M20xas long as short
Variational Omni TSMshort0.0000%8h444.90+0.028%$551K$85K
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h444.99+0.046%$17K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h445.01+0.052%$2K$5.4M10xas long as short
HTX TSM-USDTlong0.0000%8h444.78long leg$9K$9K20x
Phemex TSMUSDT0.0000%8h444.93+0.034%$1.5M$463K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h444.60−0.040%$356K$96K10xas long as short
Lighter RH TSM+0.0032%1h445.05+0.061%$201K$661K10xas long as short
Vest TSM-USD-PERP+0.0046%1h444.84+0.013%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h444.70−0.018%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h444.780.000%$188K$82K10xas long as short
SoDEX TSM-USD+0.0050%1h444.70−0.018%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h444.780.000%$159K$20K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0087%1h444.98+0.045%$4$61K10xas long as short
KuCoin TSMUSDTM+0.0100%8h444.52−0.058%$271K$341K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h444.97+0.043%$2110xas long as short
Aevo TSM-PERP+0.0104%1h444.70−0.017%$12510xas long as short
Phoenix TSM+0.0180%1h444.80+0.004%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h468.41+5.313%$7K$39K12xas long as short
Lighter TSM+0.0624%1h445.86+0.243%$503K$159K10xas long as short