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: Aster against HTX−0.053%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: Aster is 0.053% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TSM-USDT438.610get 0.0000% / 8h7h 41m$9K$8K20x
ShortAster TSMUSDT438.380get 0.0000% / 8h7h 41m$81K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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: −0.053% → 0.000%
−$5.29
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.29
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; 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 HTX no order-book sample
Sell Aster no order-book sample
HTX and 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
edgeX TSMUSDC−0.0884%4h438.44−0.040%$47K$217K10xas long as short
BloFin TSM-USDT−0.0019%8h438.52−0.021%$45K$108K20xas long as short
Aster TSMUSDTshort0.0000%8h438.38−0.053%$81K$2K20x
Bybit TSMUSDT0.0000%8h437.98−0.144%$2.0M$409K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h438.20−0.093%$4.0M$2.7M20xas long as short
Gate TSM_USDT0.0000%8h438.07−0.123%$1.7M$1.1M100xas long as short
Bitget TSMUSDT0.0000%8h438.19−0.096%$1.8M$1.5M20xas long as short
Variational Omni TSM0.0000%8h438.28−0.075%$549K$45Kas long as short
GRVT TSM_USDT_Perp0.0000%8h438.57−0.010%$13K$1.3M10xas long as short
SunX TSM-USDT0.0000%8h438.22−0.089%$1K$4.0M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TSM-USDTlong0.0000%8h438.61long leg$9K$8K20x
Phemex TSMUSDT0.0000%8h438.66+0.011%$1.5M$532K10xas long as short
Extended TSM-USD+0.0008%1h438.17−0.101%$3K$219K10xas long as short
Binance TSMUSDT+0.0009%8h438.22−0.088%$12.8M$8.2M20xas long as short
Lighter TSM+0.0032%1h437.98−0.144%$493K$189K10xas long as short
Lighter RH TSM+0.0032%1h438.00−0.139%$195K$736K10xas long as short
Coinbase International TSM-PERP-INTX+0.0040%1h438.04−0.130%$372K$101K10xas long as short
Vest TSM-USD-PERP+0.0046%1h438.04−0.130%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h437.78−0.189%$10.0M$1.9M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h438.18−0.098%$189K$68K10xas long as short
SoDEX TSM-USD+0.0050%1h437.97−0.146%$136$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h438.03−0.132%$157K$28K10xas long as short
KuCoin TSMUSDTM+0.0100%8h437.93−0.155%$266K$326K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h438.13−0.109%$2110xas long as short
Aevo TSM-PERP+0.0104%1h438.05−0.127%$12310xas long as short
Deribit TSM_USDC-PERPETUAL+0.0138%1h437.87−0.169%$4$13K10xas long as short
Phoenix TSM+0.0145%1h438.01−0.137%$208K$10K10xas long as short
Injective TSM/USDC PERP+0.0220%1h443.95+1.217%$6K$38K12xas long as short