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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against SunX−0.018%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TSM-USDT439.740get 0.0000% / 8h39m 06s$1K$4.1M10x
ShortOrderly PERP_TSM_USDC_mythos439.660.0100get 0.0100% / 8h39m 06s$2110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
$21
Price spread: −0.018% → 0.000%
−$1.82
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$5.18
Costs to cover
0.140%
Break-even
5.3 days
Slippage unknown: SunX: live order book, 9 min ago; 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 SunX live order book, 9 min ago45.04 bp123.3 bp −$123doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
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
Bitget TSMUSDT−0.0155%8h439.77+0.007%$1.7M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h441.30+0.355%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.38−0.082%$2.0M$400K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h439.72−0.005%$4.0M$2.6M20xas long as short
Gate TSM_USDT0.0000%8h439.65−0.020%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h439.82+0.019%$558K$38Kas long as short
SunX TSM-USDTlong0.0000%8h439.74long leg$1K$4.1M10x
HTX TSM-USDT0.0000%8h439.57−0.039%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.78+0.237%$1.5M$528K10xas long as short
Lighter TSM+0.0032%1h439.70−0.009%$496K$188K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h439.47−0.061%$221K$720K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.39−0.080%$2K25xas long as short
BloFin TSM-USDT+0.0046%8h439.77+0.007%$45K$106K20xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.17−0.130%$10.1M$1.8M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.54−0.045%$190K$68K10xas long as short
SoDEX TSM-USD+0.0050%1h439.23−0.116%$135$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.55−0.043%$158K$27K10xas long as short
Coinbase International TSM-PERP-INTX+0.0056%1h439.33−0.093%$366K$97K10xas long as short
Binance TSMUSDT+0.0063%8h439.80+0.014%$12.8M$8.0M20xas long as short
Extended TSM-USD+0.0064%1h439.63−0.024%$8K$186K10xas long as short
GRVT TSM_USDT_Perp+0.0070%8h439.78+0.008%$6K$1.3M10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.38−0.082%$266K$309K20xas long as short
Orderly PERP_TSM_USDC_mythosshort+0.0100%8h439.66−0.018%$2110x
Aevo TSM-PERP+0.0104%1h439.65−0.020%$12310xas long as short
Phoenix TSM+0.0146%1h439.59−0.034%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.02+0.973%$6K$38K12xas long as short
edgeX TSMUSDC+0.0331%4h439.75+0.003%$47K$216K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0592%1h439.58−0.036%$4$25K10xas long as short