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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against OKX+0.011%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
LongOKX TSM-USDT-SWAP443.100get 0.0000% / 8h5h 58m$4.0M$2.4M20x
ShortOrderly PERP_TSM_USDC_mythos443.150.0100get 0.0100% / 8h5h 58m$2110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.011% → 0.000%
$1.13
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$6.13
Costs to cover
0.160%
Break-even
5.0 days
Slippage unknown: OKX: live order book, 4 min ago; Orderly: 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 OKX live order book, 4 min ago1.47 bp9.1 bp −$928.4 bp −$284doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 27 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%8h443.60+0.112%$81K$1K20xas long as short
Bybit TSMUSDT0.0000%8h442.95−0.034%$2.0M$390K50xas long as short
OKX TSM-USDT-SWAPlong0.0000%8h443.10long leg$4.0M$2.4M20x
Gate TSM_USDT0.0000%8h443.02−0.018%$1.7M$910K100xas long as short
Bitget TSMUSDT0.0000%8h443.22+0.027%$1.7M$1.4M20xas long as short
Variational Omni TSM0.0000%8h443.52+0.094%$549K$61Kas long as short
SunX TSM-USDT0.0000%8h443.14+0.009%$2K$4.4M10xas long as short
HTX TSM-USDT0.0000%8h443.27+0.038%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h443.21+0.025%$1.5M$441K10xas long as short
Lighter RH TSM+0.0032%1h443.19+0.020%$221K$644K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest TSM-USD-PERP+0.0046%1h442.76−0.077%$58325xas long as short
Binance TSMUSDT+0.0047%8h443.24+0.032%$13.0M$6.8M20xas long as short
Extended TSM-USD+0.0048%1h443.14+0.010%$4K$195K10xas long as short
tradeXYZ xyz:TSM+0.0050%1h442.86−0.054%$10.2M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h443.00−0.023%$196K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h442.76−0.077%$138$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h443.02−0.018%$159K$23K10xas long as short
edgeX TSMUSDC+0.0066%4h443.52+0.095%$48K$217K10xas long as short
KuCoin TSMUSDTM+0.0100%8h442.99−0.025%$269K$319K20xas long as short
Orderly PERP_TSM_USDC_mythosshort+0.0100%8h443.15+0.011%$2110x
Aevo TSM-PERP+0.0104%1h443.08−0.004%$12410xas long as short
Coinbase International TSM-PERP-INTX+0.0152%1h443.28+0.041%$370K$107K10xas long as short
Phoenix TSM+0.0179%1h443.14+0.009%$216K$5K10xas long as short
Lighter TSM+0.0192%1h443.45+0.079%$500K$173K10xas long as short
GRVT TSM_USDT_Perp+0.0192%8h443.55+0.102%$9K$1.1M10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.81+1.063%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0676%1h443.06−0.009%$4$24K10xas long as short