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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.003%
Price spread now: Orderly against SoDEX+0.076%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 Orderly is 0.076% 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-USD445.750.0050pay 0.0006% / 1h5m 30s$145$3K10x
ShortOrderly PERP_TSM_USDC_mythos446.090.0100get 0.0100% / 8h1h 05m$2110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$10.5
Price spread: +0.076% → 0.000%
$7.63
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.13
Costs to cover
0.140%
Break-even
4.2 days
Slippage unknown: SoDEX: no order-book sample; Orderly: 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 Orderly no order-book sample
SoDEX and Orderly: 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−0.0072%4h446.17+0.094%$48K$215K10xas long as short
BloFin TSM-USDT−0.0026%8h446.23+0.108%$44K$105K20xas long as short
Aster TSMUSDT0.0000%8h445.99+0.053%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h446.15+0.089%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h446.25+0.112%$13.2M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h445.79+0.009%$2.0M$422K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h446.12+0.083%$4.0M$3.1M20xas long as short
Gate TSM_USDT0.0000%8h445.96+0.047%$1.7M$924K100xas long as short
Bitget TSMUSDT0.0000%8h446.08+0.074%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h446.20+0.102%$553K$85Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h446.20+0.101%$5K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h446.22+0.105%$2K$5.4M10xas long as short
HTX TSM-USDT0.0000%8h446.20+0.101%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.99−0.170%$1.5M$472K10xas long as short
Coinbase International TSM-PERP-INTX+0.0008%1h444.60−0.258%$356K$96K10xas long as short
Lighter RH TSM+0.0032%1h446.07+0.072%$225K$602K10xas long as short
Vest TSM-USD-PERP+0.0046%1h445.88+0.029%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h445.73−0.004%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h445.81+0.013%$196K$91K10xas long as short
SoDEX TSM-USDlong+0.0050%1h445.75long leg$145$3K10x
Ondo Perps TSM-USD.P+0.0050%1h445.66−0.020%$159K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h445.59−0.036%$271K$326K20xas long as short
Orderly PERP_TSM_USDC_mythosshort+0.0100%8h446.09+0.076%$2110x
Aevo TSM-PERP+0.0104%1h446.09+0.076%$12510xas long as short
Phoenix TSM+0.0162%1h446.11+0.081%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h449.91+0.933%$7K$38K12xas long as short
Lighter TSM+0.0384%1h446.55+0.179%$504K$167K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0760%1h446.14+0.087%$4$61K10xas long as short