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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit+0.044%7-day average +0.035% · 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 4 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.044%, 7d avg +0.035%
Together, before fees−0.021%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TSMUSDT439.860get 0.0000% / 8h4m 40s$2.0M$400K50x
ShortVariational Omni TSM440.060get 0.0000% / 8h4m 40s$559K$38K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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: +0.044% → +0.035%
$0.93
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10.07
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 34 min ago. 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 Bybit live order book, 2 min ago1.71 bp13.5 bp −$1361.3 bp −$613doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 34 min ago2.16 bpdoesn't fit30.9 bp −$309doesn't fitdoesn't fit

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
Bitget TSMUSDT−0.0024%8h440.06+0.045%$1.7M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h440.06+0.044%$82K$2K20xas long as short
Bybit TSMUSDTlong0.0000%8h439.86long leg$2.0M$400K50x
OKX TSM-USDT-SWAP0.0000%8h440.11+0.057%$4.0M$2.6M20xas long as short
Gate TSM_USDT0.0000%8h439.93+0.016%$1.7M$1.1M100xas long as short
Variational Omni TSMshort0.0000%8h440.06+0.044%$559K$38K
SunX TSM-USDT0.0000%8h440.17+0.070%$2K$4.0M10xas long as short
HTX TSM-USDT0.0000%8h440.08+0.050%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.61+0.171%$1.5M$522K10xas long as short
Lighter TSM+0.0032%1h439.94+0.018%$495K$190K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h439.88+0.005%$222K$725K10xas long as short
BloFin TSM-USDT+0.0045%8h440.09+0.052%$45K$107K20xas long as short
Vest TSM-USD-PERP+0.0046%1h439.80−0.014%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.66−0.045%$10.1M$1.8M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.84−0.005%$190K$68K10xas long as short
SoDEX TSM-USD+0.0050%1h439.75−0.025%$135$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.96+0.023%$157K$28K10xas long as short
Binance TSMUSDT+0.0053%8h440.12+0.060%$12.9M$7.9M20xas long as short
Extended TSM-USD+0.0056%1h440.00+0.032%$3K$219K10xas long as short
Coinbase International TSM-PERP-INTX+0.0056%1h439.33−0.120%$366K$97K10xas long as short
GRVT TSM_USDT_Perp+0.0071%8h440.17+0.070%$15K$1.3M10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.80−0.014%$267K$317K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.09+0.052%$2110xas long as short
Aevo TSM-PERP+0.0104%1h440.05+0.043%$12310xas long as short
Phoenix TSM+0.0146%1h440.07+0.048%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.02+0.946%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0318%1h440.09+0.052%$4$25K10xas long as short
edgeX TSMUSDC+0.0338%4h440.07+0.047%$47K$216K10xas long as short