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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Aevo against Polymarket Perps+0.088%52s7-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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.088% dearer against Polymarket Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps TSM-USD438.980.0050pay 0.0006% / 1h31m 25s$191K$66K10x
ShortAevo TSM-PERP439.370.0104get 0.0013% / 1h31m 25s$12310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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
$11.34
Price spread: +0.088% → 0.000%
$8.82
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$3.84
Costs to cover
0.240%
Break-even
9.4 days
Slippage unknown: Polymarket Perps: live order book, 10 min ago; 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 Polymarket Perps live order book, 10 min ago2.28 bp7.2 bp −$78.3 bp −$8310.8 bp −$1,076doesn't fit
Sell Aevo no order-book sample
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−0.0290%4h439.40+0.095%$47K$217K10xas long as short
Bitget TSMUSDT−0.0226%8h439.40+0.096%$1.7M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h439.33+0.080%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.21+0.052%$2.0M$398K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h439.23+0.057%$4.0M$2.6M20xas long as short
Gate TSM_USDT0.0000%8h439.12+0.032%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h439.75+0.175%$556K$36Kas long as short
SunX TSM-USDT0.0000%8h439.41+0.098%$2K$4.1M10xas long as short
HTX TSM-USDT0.0000%8h439.22+0.055%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.50+0.346%$1.5M$516K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h439.34+0.082%$495K$137K10xas long as short
Lighter RH TSM+0.0032%1h439.10+0.027%$224K$684K10xas long as short
Vest TSM-USD-PERP+0.0046%1h438.68−0.068%$1K25xas long as short
Coinbase International TSM-PERP-INTX+0.0048%1h439.33+0.080%$366K$102K10xas long as short
tradeXYZ xyz:TSM+0.0050%1h438.84−0.032%$10.2M$1.8M10xas long as short
Polymarket Perps TSM-USDlong+0.0050%1h438.98long leg$191K$66K10x
SoDEX TSM-USD+0.0050%1h438.82−0.036%$136$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.33+0.080%$157K$27K10xas long as short
Extended TSM-USD+0.0072%1h439.32+0.078%$3K$167K10xas long as short
Binance TSMUSDT+0.0076%8h439.35+0.084%$12.9M$7.8M20xas long as short
GRVT TSM_USDT_Perp+0.0083%8h439.37+0.088%$14K$1.3M10xas long as short
BloFin TSM-USDT+0.0090%8h439.40+0.096%$45K$106K20xas long as short
KuCoin TSMUSDTM+0.0100%8h438.94−0.009%$267K$310K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h439.32+0.077%$2110xas long as short
Aevo TSM-PERPshort+0.0104%1h439.37+0.088%$12310x
Phoenix TSM+0.0164%1h439.31+0.075%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.27+1.205%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.1072%1h439.28+0.068%$4$25K10xas long as short