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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Aster−0.147%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.147% cheaper against Aster than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT441.940get 0.0000% / 8h4h 04m$82K$2K20x
ShortHTX TSM-USDT441.290get 0.0000% / 8h4h 04m$9K$8K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.147% → 0.000%
−$14.71
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$34.71
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: 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 Aster no order-book sample
Sell HTX no order-book sample
Aster 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TSM-PERP-INTX−0.0080%1h441.19−0.170%$372K$102K10xas long as short
Aster TSMUSDTlong0.0000%8h441.94long leg$82K$2K20x
Bybit TSMUSDT0.0000%8h441.15−0.179%$2.0M$341K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h441.35−0.134%$4.1M$2.8M20xas long as short
Gate TSM_USDT0.0000%8h441.14−0.181%$1.7M$1.1M100xas long as short
SunX TSM-USDT0.0000%8h441.36−0.131%$1K$3.5M10xas long as short
HTX TSM-USDTshort0.0000%8h441.29−0.147%$9K$8K20x
Phemex TSMUSDT0.0000%8h440.87−0.242%$1.5M$571K10xas long as short
Lighter TSM+0.0032%1h441.72−0.050%$497K$165K10xas long as short
Injective TSM/USDC PERP+0.0033%1h446.08+0.937%$7K$38K12xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TSMUSDT+0.0036%8h441.35−0.134%$1.8M$1.5M20xas long as short
Vest TSM-USD-PERP+0.0046%1h441.23−0.161%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h440.99−0.215%$10.2M$2.0M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h441.13−0.183%$189K$73K10xas long as short
SoDEX TSM-USD+0.0050%1h440.97−0.220%$131$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h441.36−0.131%$160K$36K10xas long as short
Variational Omni TSM+0.0078%8h441.31−0.142%$549K$47Kas long as short
KuCoin TSMUSDTM+0.0100%8h441.13−0.183%$268K$545K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h441.27−0.152%$2110xas long as short
Aevo TSM-PERP+0.0104%1h441.33−0.137%$12410xas long as short
Extended TSM-USD+0.0136%1h441.18−0.171%$2K$224K10xas long as short
Binance TSMUSDT+0.0138%8h441.37−0.129%$13.2M$8.9M20xas long as short
BloFin TSM-USDT+0.0151%8h441.36−0.131%$46K$122K20xas long as short
Phoenix TSM+0.0217%1h441.68−0.059%$206K$14K10xas long as short
GRVT TSM_USDT_Perp+0.0260%8h441.62−0.073%$12K$1.4M10xas long as short
Lighter RH TSM+0.0288%1h441.64−0.068%$198K$567K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0612%1h441.22−0.163%$97$9K10xas long as short
edgeX TSMUSDC+0.0682%4h441.64−0.068%$48K$216K10xas long as short