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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.15 per $10,000 · paid last 24h −0.005%
Price spread now: Aster against BloFin+0.060%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 7 days−0.019%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.060% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TSM-USDT438.35−0.0015get 0.0015% / 8h7h 20m$45K$109K20x
ShortAster TSMUSDT438.610get 0.0000% / 8h7h 20m$81K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$3.22
Price spread: +0.060% → 0.000%
$6.04
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$10.74
Costs to cover
0.200%
Break-even
30.4 days
Slippage unknown: BloFin: live order book, 34 min ago; Aster: 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 BloFin live order book, 34 min ago0.91 bp12.7 bp −$1328.5 bp −$285doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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
BloFin TSM-USDTlong−0.0015%8h438.35long leg$45K$109K20x
Aster TSMUSDTshort0.0000%8h438.61+0.060%$81K$2K20x
Extended TSM-USD0.0000%1h438.39+0.009%$3K$216K10xas long as short
Binance TSMUSDT0.0000%8h438.51+0.037%$12.8M$8.2M20xas long as short
Bybit TSMUSDT0.0000%8h438.16−0.043%$2.0M$400K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h438.40+0.011%$4.0M$2.7M20xas long as short
Gate TSM_USDT0.0000%8h438.16−0.043%$1.7M$1.1M100xas long as short
Bitget TSMUSDT0.0000%8h438.18−0.039%$1.8M$1.5M20xas long as short
Variational Omni TSM0.0000%8h438.350.000%$549K$45Kas long as short
GRVT TSM_USDT_Perp0.0000%8h437.96−0.089%$13K$1.3M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TSM-USDT0.0000%8h438.41+0.014%$2K$4.0M10xas long as short
HTX TSM-USDT0.0000%8h437.70−0.148%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h438.51+0.037%$1.5M$537K10xas long as short
Lighter TSM+0.0032%1h438.03−0.073%$493K$189K10xas long as short
Lighter RH TSM+0.0032%1h438.03−0.073%$202K$746K10xas long as short
Coinbase International TSM-PERP-INTX+0.0040%1h437.71−0.146%$370K$94K10xas long as short
Vest TSM-USD-PERP+0.0046%1h437.67−0.155%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h437.95−0.091%$10.0M$1.9M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h437.78−0.130%$189K$67K10xas long as short
SoDEX TSM-USD+0.0050%1h437.82−0.121%$139$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h437.71−0.146%$157K$28K10xas long as short
KuCoin TSMUSDTM+0.0100%8h437.95−0.091%$266K$350K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h438.23−0.027%$2110xas long as short
Aevo TSM-PERP+0.0104%1h438.20−0.034%$12310xas long as short
Phoenix TSM+0.0145%1h437.81−0.123%$208K$10K10xas long as short
edgeX TSMUSDC+0.0168%4h438.01−0.078%$47K$216K10xas long as short
Injective TSM/USDC PERP+0.0220%1h443.95+1.278%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0915%1h438.24−0.025%$4$13K10xas long as short