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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Orderly against Aevo+0.012%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TSM-PERP440.420.0104pay 0.0013% / 1h5m 55s$12310x
ShortOrderly PERP_TSM_USDC_mythos440.470.0100get 0.0100% / 8h3h 05m$2110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Aevo. 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
−$0.84
Price spread: +0.012% → 0.000%
$1.23
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$21.61
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Aevo: 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 Aevo no order-book sample
Sell Orderly no order-book sample
Aevo 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−0.0980%4h440.31−0.025%$47K$216K10xas long as short
Bitget TSMUSDT−0.0222%8h440.52+0.024%$1.8M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h440.49+0.016%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h440.24−0.040%$2.0M$389K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.45+0.008%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h440.27−0.033%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h440.47+0.013%$546K$40Kas long as short
SunX TSM-USDT0.0000%8h440.55+0.030%$1K$4.2M10xas long as short
HTX TSM-USDT0.0000%8h440.28−0.031%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.79+0.085%$1.5M$489K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h440.45+0.008%$496K$176K10xas long as short
Lighter RH TSM+0.0032%1h440.46+0.010%$219K$677K10xas long as short
Vest TSM-USD-PERP+0.0046%1h440.02−0.090%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h440.07−0.079%$10.2M$2.0M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h440.20−0.049%$192K$60K10xas long as short
SoDEX TSM-USD+0.0050%1h440.02−0.090%$140$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.11−0.069%$156K$23K10xas long as short
Binance TSMUSDT+0.0063%8h440.51+0.021%$12.9M$7.5M20xas long as short
Extended TSM-USD+0.0064%1h440.44+0.006%$5K$188K10xas long as short
GRVT TSM_USDT_Perp+0.0071%8h440.39−0.007%$10K$1.3M10xas long as short
BloFin TSM-USDT+0.0084%8h440.38−0.008%$45K$101K20xas long as short
Coinbase International TSM-PERP-INTX+0.0088%1h440.03−0.088%$367K$102K10xas long as short
KuCoin TSMUSDTM+0.0100%8h440.14−0.063%$267K$311K20xas long as short
Orderly PERP_TSM_USDC_mythosshort+0.0100%8h440.47+0.012%$2110x
Aevo TSM-PERPlong+0.0104%1h440.42long leg$12310x
Phoenix TSM+0.0199%1h440.27−0.033%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h445.19+1.084%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0409%1h440.43+0.003%$4$24K10xas long as short