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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Aevo against SoDEX+0.080%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 3 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 0.080% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TSM-USD440.650.0050pay 0.0006% / 1h47m 31s$140$3K10x
ShortAevo TSM-PERP441.000.0104get 0.0013% / 1h47m 31s$12310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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: +0.080% → 0.000%
$7.97
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$4.69
Costs to cover
0.240%
Break-even
9.9 days
Slippage unknown: SoDEX: 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 SoDEX no order-book sample
Sell Aevo no order-book sample
SoDEX 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−0.0786%4h441.10+0.102%$47K$217K10xas long as short
Bitget TSMUSDT−0.0119%8h441.18+0.120%$1.8M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h441.52+0.197%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h440.87+0.050%$2.0M$398K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h441.06+0.093%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h440.97+0.073%$1.7M$1.0M100xas long as short
Variational Omni TSM0.0000%8h441.19+0.122%$546K$40Kas long as short
SunX TSM-USDT0.0000%8h441.19+0.123%$1K$4.3M10xas long as short
HTX TSM-USDT0.0000%8h441.09+0.100%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h441.18+0.120%$1.5M$476K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h441.17+0.118%$497K$176K10xas long as short
Lighter RH TSM+0.0032%1h441.05+0.091%$231K$654K10xas long as short
Vest TSM-USD-PERP+0.0046%1h440.67+0.005%$58325xas long as short
BloFin TSM-USDT+0.0048%8h441.06+0.093%$45K$99K20xas long as short
tradeXYZ xyz:TSM+0.0050%1h440.74+0.020%$10.2M$2.1M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h440.93+0.064%$193K$56K10xas long as short
SoDEX TSM-USDlong+0.0050%1h440.65long leg$140$3K10x
Ondo Perps TSM-USD.P+0.0050%1h440.57−0.018%$158K$22K10xas long as short
Binance TSMUSDT+0.0064%8h441.19+0.123%$12.9M$7.3M20xas long as short
Extended TSM-USD+0.0064%1h441.07+0.095%$2K$200K10xas long as short
GRVT TSM_USDT_Perp+0.0085%8h440.88+0.051%$13K$1.2M10xas long as short
Coinbase International TSM-PERP-INTX+0.0088%1h440.79+0.032%$368K$102K10xas long as short
KuCoin TSMUSDTM+0.0100%8h440.75+0.023%$268K$310K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h441.10+0.102%$2110xas long as short
Aevo TSM-PERPshort+0.0104%1h441.00+0.080%$12310x
Phoenix TSM+0.0199%1h440.88+0.052%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h445.91+1.194%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0408%1h441.08+0.098%$4$24K10xas long as short