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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Vest−0.036%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 airdropVest: Active · Ondo 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 0.036% cheaper against Vest than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest TSM-USD-PERP443.820.0046pay 0.0006% / 1h30m 57s$58325x
ShortOndo Perps TSM-USD.P443.660.0050get 0.0006% / 1h30m 57s$159K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0.99
Price spread: −0.036% → 0.000%
−$3.61
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$9.61
Costs to cover
0.070%
Break-even
74.9 days
Slippage unknown: Vest: 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest 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
edgeX TSMUSDC−0.0469%4h443.92+0.023%$48K$217K10xas long as short
Aster TSMUSDT0.0000%8h444.31+0.111%$82K$1K20xas long as short
Bybit TSMUSDT0.0000%8h443.94+0.027%$2.0M$392K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h444.19+0.083%$4.0M$2.4M20xas long as short
Gate TSM_USDT0.0000%8h443.98+0.036%$1.7M$957K100xas long as short
Bitget TSMUSDT0.0000%8h443.96+0.032%$1.7M$1.4M20xas long as short
Variational Omni TSM0.0000%8h444.17+0.079%$550K$61Kas long as short
SunX TSM-USDT0.0000%8h444.24+0.095%$899$4.4M10xas long as short
HTX TSM-USDT0.0000%8h443.81−0.002%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.35+0.119%$1.5M$445K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h444.38+0.126%$501K$173K10xas long as short
Lighter RH TSM+0.0032%1h444.17+0.079%$221K$644K10xas long as short
Vest TSM-USD-PERPlong+0.0046%1h443.82long leg$58325x
Binance TSMUSDT+0.0047%8h444.27+0.101%$13.0M$6.8M20xas long as short
Extended TSM-USD+0.0048%1h444.11+0.065%$1K$191K10xas long as short
tradeXYZ xyz:TSM+0.0050%1h443.70−0.027%$10.2M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h443.95+0.029%$197K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h443.73−0.020%$135$3K10xas long as short
Ondo Perps TSM-USD.Pshort+0.0050%1h443.66−0.036%$159K$23K10x
BloFin TSM-USDT+0.0075%8h444.26+0.099%$45K$98K20xas long as short
KuCoin TSMUSDTM+0.0100%8h443.68−0.032%$270K$320K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h444.15+0.074%$2110xas long as short
Aevo TSM-PERP+0.0104%1h444.12+0.067%$12410xas long as short
GRVT TSM_USDT_Perp+0.0143%8h443.94+0.028%$8K$1.1M10xas long as short
Coinbase International TSM-PERP-INTX+0.0152%1h443.28−0.122%$370K$107K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0178%1h444.11+0.065%$98$24K10xas long as short
Phoenix TSM+0.0217%1h443.86+0.009%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h448.49+1.052%$7K$38K12xas long as short