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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Orderly−0.012%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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TSM_USDC_mythos440.470.0100pay 0.0100% / 8h3h 06m$2110x
ShortAevo TSM-PERP440.420.0104get 0.0013% / 1h6m 06s$12310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
$0.84
Price spread: −0.012% → 0.000%
−$1.23
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$22.39
Costs to cover
0.220%
Break-even
193.6 days
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Aevo no order-book sample
Orderly 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−0.0980%4h440.31−0.037%$47K$216K10xas long as short
Bitget TSMUSDT−0.0222%8h440.55+0.018%$1.8M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h440.50+0.007%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h440.20−0.061%$2.0M$389K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.45−0.005%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h440.27−0.045%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h440.48+0.002%$546K$40Kas long as short
SunX TSM-USDT0.0000%8h440.55+0.018%$1K$4.2M10xas long as short
HTX TSM-USDT0.0000%8h440.28−0.043%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.79+0.073%$1.5M$489K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h440.45−0.005%$496K$176K10xas long as short
Lighter RH TSM+0.0032%1h440.46−0.002%$219K$677K10xas long as short
Vest TSM-USD-PERP+0.0046%1h440.02−0.102%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h440.07−0.091%$10.2M$2.0M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h440.20−0.061%$192K$60K10xas long as short
SoDEX TSM-USD+0.0050%1h440.02−0.102%$140$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.11−0.082%$156K$23K10xas long as short
Binance TSMUSDT+0.0063%8h440.53+0.013%$12.9M$7.5M20xas long as short
Extended TSM-USD+0.0064%1h440.42−0.010%$5K$188K10xas long as short
GRVT TSM_USDT_Perp+0.0071%8h440.39−0.019%$10K$1.3M10xas long as short
BloFin TSM-USDT+0.0084%8h440.38−0.020%$45K$101K20xas long as short
Coinbase International TSM-PERP-INTX+0.0088%1h440.03−0.100%$367K$102K10xas long as short
KuCoin TSMUSDTM+0.0100%8h440.14−0.075%$267K$311K20xas long as short
Orderly PERP_TSM_USDC_mythoslong+0.0100%8h440.47long leg$2110x
Aevo TSM-PERPshort+0.0104%1h440.42−0.012%$12310x
Phoenix TSM+0.0199%1h440.27−0.045%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h445.19+1.072%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0409%1h440.43−0.009%$4$24K10xas long as short