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: HTX against OKX+0.002%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TSM-USDT-SWAP444.030get 0.0000% / 8h5h 24m$4.0M$2.4M20x
ShortHTX TSM-USDT444.040get 0.0000% / 8h5h 24m$9K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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: +0.002% → 0.000%
$0.23
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$21.77
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 min ago; HTX: 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 OKX live order book, 3 min ago0.11 bp9.2 bp −$922.3 bp −$223doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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
Aster TSMUSDT0.0000%8h444.26+0.052%$82K$1K20xas long as short
Bybit TSMUSDT0.0000%8h443.88−0.034%$2.0M$392K50xas long as short
OKX TSM-USDT-SWAPlong0.0000%8h444.03long leg$4.0M$2.4M20x
Gate TSM_USDT0.0000%8h443.89−0.032%$1.7M$958K100xas long as short
Bitget TSMUSDT0.0000%8h444.04+0.002%$1.7M$1.4M20xas long as short
Variational Omni TSM0.0000%8h443.96−0.015%$550K$61Kas long as short
SunX TSM-USDT0.0000%8h444.030.000%$2K$4.4M10xas long as short
Deribit TSM_USDC-PERPETUAL0.0000%1h443.92−0.025%$98$24K10xas long as short
HTX TSM-USDTshort0.0000%8h444.04+0.002%$9K$9K20x
Phemex TSMUSDT0.0000%8h444.14+0.025%$1.5M$444K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h444.35+0.072%$501K$173K10xas long as short
Lighter RH TSM+0.0032%1h444.030.000%$221K$645K10xas long as short
Binance TSMUSDT+0.0037%8h444.030.000%$13.0M$6.8M20xas long as short
Extended TSM-USD+0.0040%1h443.90−0.029%$1K$191K10xas long as short
BloFin TSM-USDT+0.0040%8h443.99−0.009%$45K$98K20xas long as short
Vest TSM-USD-PERP+0.0046%1h443.72−0.070%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h443.65−0.086%$10.2M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h443.78−0.056%$197K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h443.76−0.061%$135$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h443.38−0.146%$159K$23K10xas long as short
KuCoin TSMUSDTM+0.0100%8h443.90−0.029%$270K$320K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h444.02−0.002%$2110xas long as short
Aevo TSM-PERP+0.0104%1h444.00−0.008%$12410xas long as short
GRVT TSM_USDT_Perp+0.0111%8h443.98−0.011%$9K$1.1M10xas long as short
edgeX TSMUSDC+0.0113%4h443.96−0.015%$48K$215K10xas long as short
Coinbase International TSM-PERP-INTX+0.0152%1h443.28−0.169%$370K$107K10xas long as short
Phoenix TSM+0.0217%1h443.71−0.072%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h448.49+1.004%$7K$38K12xas long as short