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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against SoDEX−0.066%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 airdropOndo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.066% cheaper against SoDEX than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TSM-USD439.280.0050pay 0.0006% / 1h21m 48s$136$3K10x
ShortOndo Perps TSM-USD.P438.990.0050get 0.0006% / 1h21m 48s$157K$27K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0.08
Price spread: −0.066% → 0.000%
−$6.6
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$19.52
Costs to cover
0.130%
Break-even
1633.5 days
Slippage unknown: SoDEX: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample
SoDEX and Ondo Perps: 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
Bitget TSMUSDT−0.0227%8h439.84+0.127%$1.7M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h439.90+0.142%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.68+0.091%$2.0M$398K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h439.72+0.100%$4.0M$2.6M20xas long as short
Gate TSM_USDT0.0000%8h439.58+0.068%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h439.63+0.079%$558K$37Kas long as short
SunX TSM-USDT0.0000%8h439.81+0.121%$1K$4.1M10xas long as short
HTX TSM-USDT0.0000%8h439.98+0.159%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.78+0.341%$1.5M$517K10xas long as short
Lighter TSM+0.0032%1h439.80+0.118%$495K$137K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h439.60+0.073%$224K$684K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.33+0.011%$1K25xas long as short
Coinbase International TSM-PERP-INTX+0.0048%1h439.33+0.011%$366K$102K10xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.29+0.002%$10.2M$1.7M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.56+0.064%$190K$68K10xas long as short
SoDEX TSM-USDlong+0.0050%1h439.28long leg$136$3K10x
Ondo Perps TSM-USD.Pshort+0.0050%1h438.99−0.066%$157K$27K10x
BloFin TSM-USDT+0.0053%8h439.75+0.107%$45K$106K20xas long as short
Extended TSM-USD+0.0080%1h439.75+0.108%$3K$142K10xas long as short
Binance TSMUSDT+0.0084%8h439.82+0.123%$12.9M$7.9M20xas long as short
GRVT TSM_USDT_Perp+0.0090%8h439.55+0.061%$14K$1.3M10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.34+0.014%$267K$310K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h439.72+0.100%$2110xas long as short
Aevo TSM-PERP+0.0104%1h439.83+0.126%$12310xas long as short
Phoenix TSM+0.0164%1h439.35+0.016%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.27+1.136%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0318%1h440.05+0.175%$4$25K10xas long as short
edgeX TSMUSDC+0.0994%4h439.53+0.058%$47K$216K10xas long as short