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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Orderly−0.010%7-day average · you buy dearer than you sell
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TSM_USDC_mythos441.270.0100pay 0.0100% / 8h4h 42m$2110x
ShortAevo TSM-PERP441.220.0104get 0.0013% / 1h42m 39s$12410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
$0.84
Price spread: −0.010% → 0.000%
−$1.04
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$22.2
Costs to cover
0.220%
Break-even
192.0 days
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Aevo no order-book sample
Orderly 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 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−0.0681%4h442.12+0.192%$48K$217K10xas long as short
Aster TSMUSDT0.0000%8h441.89+0.141%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h441.22−0.011%$2.0M$395K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h441.60+0.075%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h440.98−0.066%$1.7M$974K100xas long as short
Bitget TSMUSDT0.0000%8h441.43+0.036%$1.8M$1.4M20xas long as short
Variational Omni TSM0.0000%8h441.98+0.160%$547K$40Kas long as short
SunX TSM-USDT0.0000%8h441.36+0.020%$2K$4.3M10xas long as short
HTX TSM-USDT0.0000%8h441.07−0.045%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h441.70+0.097%$1.5M$456K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h441.23−0.009%$497K$175K10xas long as short
Lighter RH TSM+0.0032%1h441.15−0.027%$220K$642K10xas long as short
Vest TSM-USD-PERP+0.0046%1h440.95−0.073%$58325xas long as short
BloFin TSM-USDT+0.0047%8h441.37+0.023%$45K$98K20xas long as short
tradeXYZ xyz:TSM+0.0050%1h440.88−0.088%$10.2M$2.2M10xas long as short
SoDEX TSM-USD+0.0050%1h440.98−0.066%$137$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.37−0.204%$158K$23K10xas long as short
Polymarket Perps TSM-USD+0.0051%1h441.04−0.052%$194K$52K10xas long as short
Extended TSM-USD+0.0064%1h441.38+0.025%$3K$188K10xas long as short
Binance TSMUSDT+0.0064%8h441.60+0.075%$13.0M$7.1M20xas long as short
KuCoin TSMUSDTM+0.0100%8h441.08−0.043%$268K$317K20xas long as short
Orderly PERP_TSM_USDC_mythoslong+0.0100%8h441.27long leg$2110x
Aevo TSM-PERPshort+0.0104%1h441.22−0.010%$12410x
Coinbase International TSM-PERP-INTX+0.0120%1h440.79−0.109%$368K$102K10xas long as short
GRVT TSM_USDT_Perp+0.0123%8h441.98+0.161%$16K$1.2M10xas long as short
Phoenix TSM+0.0199%1h441.47+0.045%$215K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.69+1.455%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0317%1h441.19−0.018%$4$24K10xas long as short