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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Variational Omni+0.093%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 fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.093% dearer against Variational Omni than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TSM443.570get 0.0000% / 8h5h 54m$549K$61K
ShortAster TSMUSDT443.980get 0.0000% / 8h5h 54m$82K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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: +0.093% → 0.000%
$9.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$1.3
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 10 min ago; Aster: 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 Variational Omni RFQ quote, 10 min ago2.35 bpdoesn't fit32.5 bp −$325doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 27 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
Aster TSMUSDTshort0.0000%8h443.98+0.093%$82K$1K20x
Bybit TSMUSDT0.0000%8h443.58+0.002%$2.0M$391K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h443.79+0.049%$4.0M$2.4M20xas long as short
Gate TSM_USDT0.0000%8h443.62+0.011%$1.7M$912K100xas long as short
Bitget TSMUSDT0.0000%8h443.84+0.060%$1.7M$1.4M20xas long as short
Variational Omni TSMlong0.0000%8h443.57long leg$549K$61K
SunX TSM-USDT0.0000%8h443.85+0.063%$1K$4.4M10xas long as short
HTX TSM-USDT0.0000%8h443.46−0.025%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h443.71+0.031%$1.5M$442K10xas long as short
Lighter RH TSM+0.0032%1h443.82+0.056%$222K$644K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest TSM-USD-PERP+0.0046%1h443.40−0.039%$58325xas long as short
Extended TSM-USD+0.0048%1h443.77+0.045%$1K$197K10xas long as short
Binance TSMUSDT+0.0048%8h443.88+0.069%$13.0M$6.8M20xas long as short
tradeXYZ xyz:TSM+0.0050%1h443.41−0.036%$10.2M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h443.570.000%$196K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h443.35−0.050%$137$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h443.06−0.115%$159K$23K10xas long as short
Lighter TSM+0.0080%1h444.07+0.112%$501K$173K10xas long as short
KuCoin TSMUSDTM+0.0100%8h443.42−0.034%$269K$319K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h443.72+0.033%$2110xas long as short
Aevo TSM-PERP+0.0104%1h443.79+0.048%$12410xas long as short
Coinbase International TSM-PERP-INTX+0.0152%1h443.28−0.066%$370K$107K10xas long as short
Phoenix TSM+0.0179%1h443.63+0.013%$216K$5K10xas long as short
GRVT TSM_USDT_Perp+0.0196%8h443.61+0.008%$8K$1.1M10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.81+0.955%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0223%1h443.83+0.058%$4$24K10xas long as short
edgeX TSMUSDC+0.0294%4h443.34−0.052%$48K$215K10xas long as short