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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Extended against SunX−0.022%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2692.686% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 3 days (all we have)+0.035%+$4 · spread now −0.022%, 7d avg −0.019%
Together, before fees+0.073%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX TSM-USDT446.800get 0.0000% / 8h14m 27s$1K$5.1M10x
ShortExtended TSM-USD446.700get 0.0000% / 1h14m 27s$2K$167K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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: −0.022% → −0.019%
−$0.32
Slippage, 4 orders
−$255.61
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$268.92
Costs to cover
2.686%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Extended: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 4 min ago44.75 bp123.2 bp −$123doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 61 min ago1.35 bp9.5 bp −$9118.7 bp −$1,187doesn't fitdoesn't fit

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
Coinbase International TSM-PERP-INTX−0.0024%1h446.18−0.139%$357K$97K10xas long as short
Aster TSMUSDT0.0000%8h446.61−0.043%$82K$1K20xas long as short
Extended TSM-USDshort0.0000%1h446.70−0.022%$2K$167K10x
Binance TSMUSDT0.0000%8h446.79−0.001%$13.2M$6.7M20xas long as short
Bybit TSMUSDT0.0000%8h446.56−0.054%$2.0M$415K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h446.76−0.009%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h446.40−0.090%$1.7M$910K100xas long as short
Bitget TSMUSDT0.0000%8h446.73−0.016%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h446.83+0.007%$553K$84Kas long as short
GRVT TSM_USDT_Perp0.0000%8h446.81+0.002%$7K$1.1M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TSM-USDTlong0.0000%8h446.80long leg$1K$5.1M10x
Deribit TSM_USDC-PERPETUAL0.0000%1h446.61−0.043%$4$61K10xas long as short
HTX TSM-USDT0.0000%8h446.62−0.040%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h446.93+0.029%$1.5M$454K10xas long as short
BloFin TSM-USDT0.0000%8h446.78−0.004%$44K$103K20xas long as short
Lighter RH TSM+0.0032%1h446.87+0.016%$229K$596K10xas long as short
Vest TSM-USD-PERP+0.0046%1h446.72−0.018%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h446.48−0.072%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h446.48−0.072%$196K$90K10xas long as short
SoDEX TSM-USD+0.0050%1h446.47−0.074%$144$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h446.39−0.092%$159K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.37−0.096%$270K$318K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.75−0.011%$2110xas long as short
Aevo TSM-PERP+0.0104%1h446.79−0.002%$12510xas long as short
Phoenix TSM+0.0215%1h446.78−0.004%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h450.72+0.877%$7K$38K12xas long as short
Lighter TSM+0.0264%1h447.26+0.103%$505K$166K10xas long as short
edgeX TSMUSDC+0.0458%4h446.82+0.006%$48K$216K10xas long as short