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

TSM

RWAall TSM markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0181%/8h
paid, last 24h−0.047%paid, last 3 days−0.282%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix TSM443.140.0181pay 0.0023% / 1h49m 19s$216K$5K10x
ShortVariational Omni TSM443.010get 0.0000% / 8h6h 49m$559K$81K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$37.93
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$44.93
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 52 min ago; Variational Omni: RFQ quote, 56 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.029%
Avg gap 7d
+0.010%
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 Phoenix live order book, 52 min ago2.04 bp8.5 bp −$816.3 bp −$163doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 56 min ago2.70 bpdoesn't fit23.3 bp −$233doesn't fitdoesn't fit

TSM on 27 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX TSMUSDC−0.0802%4h$48K$215K10xas long as short
Coinbase International TSM-PERP-INTX−0.0048%1h$357K$84K10xas long as short
Aster TSMUSDT0.0000%8h$81K$1K20xas long as short
Extended TSM-USD0.0000%1h$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h$13.1M$6.0M20xas long as short
Bybit TSMUSDT0.0000%8h$2.0M$348K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h$3.9M$2.8M20xas long as short
Gate TSM_USDT0.0000%8h$1.7M$803K100xas long as short
Variational Omni TSMshort0.0000%8h$559K$81K
SunX TSM-USDT0.0000%8h$2K$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit TSM_USDC-PERPETUAL0.0000%1h$97$61K10xas long as short
HTX TSM-USDT0.0000%8h$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h$1.5M$398K10xas long as short
BloFin TSM-USDT+0.0010%8h$45K$90K20xas long as short
Lighter RH TSM+0.0032%1h$201K$889K10xas long as short
Vest TSM-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:TSM+0.0050%1h$10.3M$2.2M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h$187K$82K10xas long as short
SoDEX TSM-USD+0.0050%1h$148$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h$157K$17K10xas long as short
KuCoin TSMUSDTM+0.0100%8h$272K$301K20xas long as short
Bitget TSMUSDT+0.0100%8h$1.6M$1.4M20xas 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
Phoenix TSMlong+0.0181%1h$216K$5K10x
Injective TSM/USDC PERP+0.0220%1h$7K$38K12xas long as short
Lighter TSM+0.0280%1h$501K$147K10xas long as short