data as of
Settings8H · net · $10k
Funding arb /

TSM

RWAall TSM markets
SwapPrice view
Alert
Funding spread now, next payment 13:00 UTC+0.0181%/8h
paid, last 24h+0.031%paid, last 7 days+0.273%to open and close $10k−$48
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TSMUSDT440.970get 0.0000% / 8h2h 30m$2.0M$249K50x
ShortPhoenix TSM441.040.0181get 0.0023% / 1h30m 01s$215K$5K10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$38.09
Slippage, 4 orders
−$29.97
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$9.88
Break-even
8.8 days
Slippage from Bybit: live order book, 3 min ago; Phoenix: live order book, 27 min ago.

Price risk

price view
Price gap now
+0.016%
Avg gap 7d
+0.018%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago1.70 bp12.8 bp −$1352.1 bp −$521doesn't fitdoesn't fit
Sell Phoenix live order book, 27 min ago2.95 bp10.4 bp −$1021.3 bp −$213doesn't fitdoesn't fit

TSM on 27 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International TSM-PERP-INTX−0.0104%1h$363K$65K10xas long as short
BloFin TSM-USDT−0.0015%8h$46K$68K20xas long as short
Aster TSMUSDT0.0000%8h$81K$48520xas long as short
Extended TSM-USD0.0000%1h$4K$163K10xas long as short
Binance TSMUSDT0.0000%8h$13.0M$3.6M20xas long as short
Bybit TSMUSDTlong0.0000%8h$2.0M$249K50x
OKX TSM-USDT-SWAP0.0000%8h$3.8M$1.6M20xas long as short
Gate TSM_USDT0.0000%8h$1.8M$520K100xas long as short
Variational Omni TSM0.0000%8h$564K$93Kas long as short
SunX TSM-USDT0.0000%8h$1K$3.4M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX TSM-USDT0.0000%8h$9K$5K20xas long as short
Phemex TSMUSDT0.0000%8h$1.5M$266K10xas long as short
Lighter TSM+0.0032%1h$498K$101K10xas long as short
Lighter RH TSM+0.0032%1h$240K$1.1M10xas long as short
Vest TSM-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:TSM+0.0050%1h$10.5M$1.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h$179K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h$138$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h$155K$14K10xas long as short
Bitget TSMUSDT+0.0080%8h$1.9M$676K20xas long as short
KuCoin TSMUSDTM+0.0100%8h$271K$308K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h$2110xas long as short
Aevo TSM-PERP+0.0104%1h$12410xas long as short
Phoenix TSMshort+0.0181%1h$215K$5K10x
Injective TSM/USDC PERP+0.0220%1h$7K$47512xas long as short
Deribit TSM_USDC-PERPETUAL+0.0635%1h$4$59K10xas long as short
edgeX TSMUSDC+0.0691%4h$47K$214K10xas long as short