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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: Aevo against Ondo Perps+0.152%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 fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.152% dearer against Ondo Perps than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps TSM-USD.P438.660.0050pay 0.0006% / 1h48m 58s$158K$27K10x
ShortAevo TSM-PERP439.330.0104get 0.0013% / 1h48m 58s$12310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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
$11.26
Price spread: +0.152% → 0.000%
$15.22
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
$5.48
Costs to cover
0.210%
Break-even
3.6 days
Slippage unknown: Ondo Perps: no order-book sample; Aevo: 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 Ondo Perps no order-book sample
Sell Aevo no order-book sample
Ondo Perps and Aevo: 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−0.0513%4h439.41+0.172%$47K$217K10xas long as short
Bitget TSMUSDT−0.0166%8h439.42+0.173%$1.7M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h439.40+0.169%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.16+0.114%$2.0M$400K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h439.61+0.217%$4.0M$2.6M20xas long as short
Gate TSM_USDT0.0000%8h439.22+0.128%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h439.35+0.157%$558K$38Kas long as short
SunX TSM-USDT0.0000%8h439.43+0.176%$1K$4.1M10xas long as short
HTX TSM-USDT0.0000%8h439.43+0.176%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.46+0.410%$1.5M$528K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h439.38+0.164%$495K$185K10xas long as short
Lighter RH TSM+0.0032%1h439.12+0.105%$221K$720K10xas long as short
Vest TSM-USD-PERP+0.0046%1h438.92+0.059%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h438.92+0.059%$10.1M$1.8M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.11+0.103%$189K$68K10xas long as short
SoDEX TSM-USD+0.0050%1h438.87+0.048%$137$3K10xas long as short
Ondo Perps TSM-USD.Plong+0.0050%1h438.66long leg$158K$27K10x
BloFin TSM-USDT+0.0053%8h439.36+0.160%$45K$106K20xas long as short
Extended TSM-USD+0.0056%1h439.43+0.176%$4K$153K10xas long as short
Coinbase International TSM-PERP-INTX+0.0056%1h439.33+0.153%$366K$99K10xas long as short
Binance TSMUSDT+0.0057%8h439.53+0.198%$12.8M$8.0M20xas long as short
GRVT TSM_USDT_Perp+0.0063%8h439.22+0.127%$6K$1.3M10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.05+0.089%$266K$310K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h439.32+0.150%$2110xas long as short
Aevo TSM-PERPshort+0.0104%1h439.33+0.152%$12310x
Phoenix TSM+0.0146%1h439.12+0.105%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.02+1.222%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0365%1h439.28+0.141%$4$25K10xas long as short