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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.004%
Price spread now: Aevo against SoDEX+0.083%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.083% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX TSM-USD446.480.0050pay 0.0006% / 1h12m 52s$144$3K10x
ShortAevo TSM-PERP446.850.0104get 0.0013% / 1h12m 52s$12510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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
$11.34
Price spread: +0.083% → 0.000%
$8.28
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$4.38
Costs to cover
0.240%
Break-even
9.7 days
Slippage unknown: SoDEX: 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 SoDEX no order-book sample
Sell Aevo no order-book sample
SoDEX 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−0.0225%4h446.76+0.063%$48K$216K10xas long as short
Coinbase International TSM-PERP-INTX−0.0024%1h446.18−0.067%$357K$97K10xas long as short
Aster TSMUSDT0.0000%8h446.64+0.035%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h446.71+0.052%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h446.79+0.069%$13.2M$6.7M20xas long as short
Bybit TSMUSDT0.0000%8h446.56+0.018%$2.0M$415K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h446.75+0.060%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h446.39−0.020%$1.7M$911K100xas long as short
Bitget TSMUSDT0.0000%8h446.73+0.056%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h446.83+0.078%$553K$84Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h446.81+0.074%$7K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h446.76+0.063%$1K$5.1M10xas long as short
HTX TSM-USDT0.0000%8h446.59+0.025%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h446.91+0.096%$1.5M$455K10xas long as short
BloFin TSM-USDT0.0000%8h446.78+0.067%$44K$103K20xas long as short
Deribit TSM_USDC-PERPETUAL+0.0019%1h446.64+0.036%$4$61K10xas long as short
Lighter RH TSM+0.0032%1h446.88+0.090%$229K$596K10xas long as short
Vest TSM-USD-PERP+0.0046%1h446.72+0.054%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h446.40−0.018%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h446.480.000%$196K$90K10xas long as short
SoDEX TSM-USDlong+0.0050%1h446.48long leg$144$3K10x
Ondo Perps TSM-USD.P+0.0050%1h446.39−0.020%$159K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.41−0.016%$271K$317K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.77+0.065%$2110xas long as short
Aevo TSM-PERPshort+0.0104%1h446.85+0.083%$12510x
Phoenix TSM+0.0215%1h446.78+0.067%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h450.72+0.950%$7K$38K12xas long as short
Lighter TSM+0.0264%1h447.28+0.179%$505K$166K10xas long as short