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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Polymarket Perps against tradeXYZ+0.043%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days+0.033%+$3 · spread now +0.043%, 7d avg +0.035%
Together, before fees+0.075%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:TSM446.310.0050pay 0.0006% / 1h58m 28s$10.3M$2.4M10x
ShortPolymarket Perps TSM-USD446.500.0050get 0.0006% / 1h58m 28s$199K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against tradeXYZ. 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
Price spread: +0.043% → +0.035%
$0.78
Slippage, 4 orders
−$10.64
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$35.85
Costs to cover
0.366%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Polymarket Perps: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 10 min ago0.78 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 8 min ago1.12 bp5.3 bp −$56.4 bp −$649.4 bp −$940doesn't fit

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
BloFin TSM-USDT0.0000%8h446.90+0.132%$44K$100K20xas long as short
Aster TSMUSDT0.0000%8h446.71+0.091%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h446.62+0.070%$5K$203K10xas long as short
Binance TSMUSDT0.0000%8h446.68+0.083%$13.1M$7.0M20xas long as short
Bybit TSMUSDT0.0000%8h446.37+0.013%$2.0M$403K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h446.53+0.049%$4.0M$2.9M20xas long as short
Gate TSM_USDT0.0000%8h446.60+0.065%$1.7M$897K100xas long as short
Bitget TSMUSDT0.0000%8h446.84+0.119%$1.6M$1.4M20xas long as short
Variational Omni TSM0.0000%8h447.08+0.172%$554K$82Kas long as short
SunX TSM-USDT0.0000%8h447.07+0.170%$1K$4.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TSM-USDT0.0000%8h446.97+0.148%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h447.25+0.211%$1.5M$455K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h447.30+0.222%$359K$100K10xas long as short
Lighter RH TSM+0.0032%1h446.79+0.108%$223K$630K10xas long as short
GRVT TSM_USDT_Perp+0.0042%8h447.23+0.206%$13K$1.1M10xas long as short
Vest TSM-USD-PERP+0.0046%1h446.51+0.045%25xas long as short
tradeXYZ xyz:TSMlong+0.0050%1h446.31long leg$10.3M$2.4M10x
Polymarket Perps TSM-USDshort+0.0050%1h446.50+0.043%$199K$44K10x
SoDEX TSM-USD+0.0050%1h446.78+0.105%$146$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h446.37+0.013%$158K$23K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.55+0.054%$271K$315K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.55+0.054%$2110xas long as short
Aevo TSM-PERP+0.0104%1h447.08+0.173%$12510xas long as short
Phoenix TSM+0.0179%1h446.91+0.134%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h451.67+1.201%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0242%1h446.94+0.141%$98$32K10xas long as short
edgeX TSMUSDC+0.0572%4h447.21+0.201%$48K$216K10xas long as short
Lighter TSM+0.0616%1h447.41+0.246%$505K$167K10xas long as short