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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Extended against OKX+0.007%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.007%, 7d avg +0.020%
Together, before fees−0.023%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TSM-USDT-SWAP445.040get 0.0000% / 8h2h 08m$4.0M$3.1M20x
ShortExtended TSM-USD445.070get 0.0000% / 1h8m 05s$2K$167K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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: +0.007% → +0.020%
−$1.33
Slippage, 4 orders
−$22.52
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$38.85
Costs to cover
0.375%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 13 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 OKX live order book, 4 min ago0.90 bp9.3 bp −$920.0 bp −$200doesn't fitdoesn't fit
Sell Extended live order book, 13 min ago1.46 bp9.5 bp −$998.9 bp −$989doesn'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
BloFin TSM-USDT−0.0009%8h445.17+0.029%$44K$105K20xas long as short
Aster TSMUSDT0.0000%8h445.08+0.010%$82K$1K20xas long as short
Extended TSM-USDshort0.0000%1h445.07+0.007%$2K$167K10x
Binance TSMUSDT0.0000%8h445.13+0.020%$13.1M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h444.87−0.038%$2.0M$419K50xas long as short
OKX TSM-USDT-SWAPlong0.0000%8h445.04long leg$4.0M$3.1M20x
Gate TSM_USDT0.0000%8h444.90−0.031%$1.7M$923K100xas long as short
Bitget TSMUSDT0.0000%8h445.12+0.018%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h445.20+0.037%$551K$85Kas long as short
GRVT TSM_USDT_Perp0.0000%8h445.14+0.022%$7K$1.1M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TSM-USDT0.0000%8h445.12+0.018%$1K$5.4M10xas long as short
HTX TSM-USDT0.0000%8h445.16+0.027%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h445.06+0.004%$1.5M$465K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h444.60−0.099%$356K$96K10xas long as short
Lighter RH TSM+0.0032%1h445.21+0.038%$224K$685K10xas long as short
Vest TSM-USD-PERP+0.0046%1h444.92−0.027%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h444.77−0.061%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h444.94−0.022%$188K$82K10xas long as short
SoDEX TSM-USD+0.0050%1h444.81−0.052%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h445.02−0.004%$158K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h444.71−0.074%$269K$341K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h445.16+0.027%$2110xas long as short
Aevo TSM-PERP+0.0104%1h445.27+0.051%$12510xas long as short
Phoenix TSM+0.0180%1h444.99−0.011%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h468.41+5.251%$7K$39K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0402%1h445.18+0.031%$4$61K10xas long as short
edgeX TSMUSDC+0.0555%4h445.19+0.034%$48K$214K10xas long as short
Lighter TSM+0.0672%1h445.88+0.189%$503K$161K10xas long as short