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

TSM

RWAall TSM markets
SwapPrice view
Alert
Funding spread now, next payment 15:00 UTC+0.0034%/8h
paid, last 24h+0.016%paid, last 3 days+0.183%to open and close $10k−$39
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TSM-PERP-INTX441.07−0.0032get 0.0004% / 1h34m 49s$355K$79K10x
ShortBinance TSMUSDT441.710.0002get 0.0002% / 8h34m 49s$13.0M$5.3M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$7.21
Slippage, 4 orders
−$18.9
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$31.69
Break-even
37.7 days
Slippage from Coinbase International: live order book, 15 min ago; Binance: live order book, 7 min ago.

Price risk

price view
Price gap now
+0.145%
Avg gap 7d
+0.189%
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 Coinbase International live order book, 15 min ago4.42 bp9.8 bp −$1013.0 bp −$130doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.91 bp9.0 bp −$924.0 bp −$24086.1 bp −$8,610doesn't fit

TSM on 27 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX TSMUSDC−0.0767%4h$47K$215K10xas long as short
Coinbase International TSM-PERP-INTXlong−0.0032%1h$355K$79K10x
Aster TSMUSDT0.0000%8h$81K$1K20xas long as short
Extended TSM-USD0.0000%1h$2K$167K10xas long as short
Bybit TSMUSDT0.0000%8h$2.0M$311K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h$3.8M$2.3M20xas long as short
Gate TSM_USDT0.0000%8h$1.7M$741K100xas long as short
Variational Omni TSM0.0000%8h$556K$102Kas long as short
SunX TSM-USDT0.0000%8h$1K$5.1M10xas long as short
HTX TSM-USDT0.0000%8h$9K$6K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex TSMUSDT0.0000%8h$1.5M$360K10xas long as short
Binance TSMUSDTshort+0.0002%8h$13.0M$5.3M20x
Lighter TSM+0.0032%1h$498K$101K10xas long as short
Lighter RH TSM+0.0032%1h$231K$1.1M10xas long as short
BloFin TSM-USDT+0.0032%8h$46K$85K20xas long as short
Vest TSM-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:TSM+0.0050%1h$10.3M$2.0M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h$179K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h$147$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h$156K$14K10xas long as short
KuCoin TSMUSDTM+0.0100%8h$271K$314K20xas 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
Bitget TSMUSDT+0.0114%8h$1.7M$960K20xas long as short
Phoenix TSM+0.0200%1h$215K$5K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0203%1h$4$60K10xas long as short
Injective TSM/USDC PERP+0.0220%1h$7K$38K12xas long as short