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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.091%
Price spread now: Deribit against Aster−0.019%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT447.330get 0.0000% / 8h7h 50m$82K$1K20x
ShortDeribit TSM_USDC-PERPETUAL447.250get 0.0000% / 1h50m 17s$4$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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: −0.019% → 0.000%
−$1.89
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$16.89
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Deribit: 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 Aster no order-book sample
Sell Deribit no order-book sample
Aster and Deribit: 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−0.0169%4h447.25−0.020%$48K$216K10xas long as short
Coinbase International TSM-PERP-INTX−0.0024%1h446.95−0.086%$358K$103K10xas long as short
BloFin TSM-USDT−0.0019%8h447.43+0.021%$44K$102K20xas long as short
Aster TSMUSDTlong0.0000%8h447.33long leg$82K$1K20x
Extended TSM-USD0.0000%1h447.35+0.003%$4K$169K10xas long as short
Bybit TSMUSDT0.0000%8h447.16−0.039%$2.0M$411K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h447.44+0.024%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h447.05−0.064%$1.7M$890K100xas long as short
Bitget TSMUSDT0.0000%8h447.34+0.001%$1.6M$1.4M20xas long as short
Variational Omni TSM0.0000%8h447.32−0.003%$554K$84Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h447.28−0.012%$9K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h447.41+0.017%$1K$5.0M10xas long as short
Deribit TSM_USDC-PERPETUALshort0.0000%1h447.25−0.019%$4$32K10x
HTX TSM-USDT0.0000%8h447.27−0.014%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h447.45+0.026%$1.5M$452K10xas long as short
Binance TSMUSDT+0.0003%8h447.44+0.024%$13.2M$6.9M20xas long as short
Lighter RH TSM+0.0032%1h447.45+0.026%$233K$619K10xas long as short
Vest TSM-USD-PERP+0.0046%1h447.32−0.003%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h447.16−0.039%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.15−0.041%$197K$41K10xas long as short
SoDEX TSM-USD+0.0050%1h447.05−0.064%$143$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h447.09−0.055%$159K$19K10xas long as short
KuCoin TSMUSDTM+0.0100%8h447.20−0.030%$271K$312K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h447.33−0.001%$2110xas long as short
Lighter TSM+0.0104%1h447.82+0.109%$505K$166K10xas long as short
Aevo TSM-PERP+0.0104%1h447.34+0.002%$12510xas long as short
Phoenix TSM+0.0179%1h447.20−0.030%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h451.76+0.989%$7K$38K12xas long as short