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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against Orderly−0.009%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds 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: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TSM_USDC_mythos447.830.0100pay 0.0100% / 8h7h 27m$2110x
ShortVest TSM-USD-PERP447.790.0046get 0.0006% / 1h27m 42s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$11.41
Price spread: −0.009% → 0.000%
−$0.89
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$20.3
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Vest: 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 Vest no order-book sample
Orderly and Vest: 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−0.0788%4h447.23−0.134%$48K$217K10xas long as short
Coinbase International TSM-PERP-INTX−0.0024%1h446.95−0.197%$358K$101K10xas long as short
BloFin TSM-USDT−0.0007%8h448.06+0.051%$45K$102K20xas long as short
Aster TSMUSDT0.0000%8h447.76−0.016%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h447.99+0.037%$5K$208K10xas long as short
Binance TSMUSDT0.0000%8h448.09+0.058%$13.2M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h447.88+0.011%$2.0M$411K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h447.98+0.033%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h447.75−0.018%$1.7M$916K100xas long as short
Variational Omni TSM0.0000%8h447.25−0.130%$554K$84Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h447.79−0.009%$13K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h448.07+0.054%$2K$4.9M10xas long as short
HTX TSM-USDT0.0000%8h448.10+0.060%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h448.02+0.042%$1.5M$454K10xas long as short
Bitget TSMUSDT+0.0020%8h447.96+0.029%$1.6M$1.4M20xas long as short
Lighter RH TSM+0.0032%1h447.94+0.025%$232K$639K10xas long as short
Vest TSM-USD-PERPshort+0.0046%1h447.79−0.009%25x
tradeXYZ xyz:TSM+0.0050%1h447.69−0.031%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.78−0.011%$197K$41K10xas long as short
SoDEX TSM-USD+0.0050%1h447.67−0.036%$146$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h447.76−0.016%$158K$20K10xas long as short
KuCoin TSMUSDTM+0.0100%8h447.55−0.063%$272K$312K20xas long as short
Orderly PERP_TSM_USDC_mythoslong+0.0100%8h447.83long leg$2110x
Aevo TSM-PERP+0.0104%1h447.95+0.026%$12510xas long as short
Phoenix TSM+0.0179%1h447.84+0.002%$218K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h451.79+0.884%$7K$38K12xas long as short
Lighter TSM+0.0264%1h448.48+0.145%$506K$167K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0644%1h447.95+0.027%$4$32K10xas long as short