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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: HTX against Vest+0.014%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 fees+ Points / potential airdropVest: Active · farm boardneeds 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest TSM-USD-PERP441.440.0046pay 0.0006% / 1h12m 48s$58325x
ShortHTX TSM-USDT441.500get 0.0000% / 8h4h 12m$9K$8K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Vest. 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
−$9.59
Price spread: +0.014% → 0.000%
$1.36
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee HTX: 6 bp × 2 orders
−$12
Net
−$22.23
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; HTX: 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 Vest no order-book sample
Sell HTX no order-book sample
Vest and HTX: 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−0.0522%4h441.68+0.053%$48K$217K10xas long as short
Bitget TSMUSDT−0.0084%8h441.92+0.109%$1.8M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h441.96+0.117%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h441.58+0.032%$2.0M$395K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h441.74+0.068%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h441.62+0.041%$1.7M$1.0M100xas long as short
Variational Omni TSM0.0000%8h441.69+0.057%$547K$40Kas long as short
SunX TSM-USDT0.0000%8h441.86+0.095%$2K$4.3M10xas long as short
HTX TSM-USDTshort0.0000%8h441.50+0.014%$9K$8K20x
Phemex TSMUSDT0.0000%8h441.88+0.100%$1.5M$472K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h441.88+0.100%$498K$176K10xas long as short
Lighter RH TSM+0.0032%1h441.74+0.068%$220K$643K10xas long as short
Vest TSM-USD-PERPlong+0.0046%1h441.44long leg$58325x
BloFin TSM-USDT+0.0048%8h441.66+0.050%$45K$99K20xas long as short
tradeXYZ xyz:TSM+0.0050%1h441.440.000%$10.2M$2.1M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h441.53+0.020%$194K$53K10xas long as short
SoDEX TSM-USD+0.0050%1h441.48+0.009%$139$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h441.30−0.032%$158K$23K10xas long as short
Binance TSMUSDT+0.0071%8h441.87+0.097%$13.0M$7.3M20xas long as short
Extended TSM-USD+0.0072%1h441.75+0.070%$6K$195K10xas long as short
KuCoin TSMUSDTM+0.0100%8h441.37−0.016%$268K$309K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h441.68+0.054%$2110xas long as short
Aevo TSM-PERP+0.0104%1h441.70+0.059%$12410xas long as short
GRVT TSM_USDT_Perp+0.0118%8h441.71+0.061%$11K$1.2M10xas long as short
Coinbase International TSM-PERP-INTX+0.0120%1h440.79−0.147%$368K$102K10xas long as short
Phoenix TSM+0.0199%1h441.55+0.025%$215K$5K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0203%1h441.72+0.063%$4$24K10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.69+1.416%$7K$38K12xas long as short