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: HTX against Variational Omni+0.006%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 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TSM447.920get 0.0000% / 8h7h 23m$555K$84K
ShortHTX TSM-USDT447.950get 0.0000% / 8h7h 23m$9K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.006% → 0.000%
$0.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$11.35
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 51 min ago; HTX: 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, 51 min ago2.34 bpdoesn't fit17.2 bp −$172doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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−0.0677%4h447.84−0.017%$48K$215K10xas long as short
Coinbase International TSM-PERP-INTX−0.0024%1h446.95−0.217%$358K$101K10xas long as short
BloFin TSM-USDT−0.0011%8h447.66−0.058%$44K$101K20xas long as short
Aster TSMUSDT0.0000%8h447.59−0.074%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h447.53−0.087%$5K$207K10xas long as short
Binance TSMUSDT0.0000%8h447.76−0.036%$13.2M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h447.50−0.094%$2.0M$411K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h447.59−0.074%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h447.49−0.096%$1.7M$924K100xas long as short
Variational Omni TSMlong0.0000%8h447.92long leg$555K$84K
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TSM-USDT0.0000%8h447.78−0.031%$1K$4.9M10xas long as short
HTX TSM-USDTshort0.0000%8h447.95+0.006%$9K$9K20x
Phemex TSMUSDT0.0000%8h447.77−0.034%$1.5M$455K10xas long as short
Bitget TSMUSDT+0.0030%8h447.64−0.063%$1.6M$1.4M20xas long as short
Lighter RH TSM+0.0032%1h447.80−0.027%$224K$648K10xas long as short
Vest TSM-USD-PERP+0.0046%1h447.63−0.065%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h447.45−0.105%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.56−0.081%$197K$41K10xas long as short
SoDEX TSM-USD+0.0050%1h447.43−0.110%$146$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h447.28−0.143%$158K$21K10xas long as short
GRVT TSM_USDT_Perp+0.0074%8h448.04+0.026%$13K$1.1M10xas long as short
KuCoin TSMUSDTM+0.0100%8h447.40−0.116%$272K$312K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h447.67−0.056%$2110xas long as short
Aevo TSM-PERP+0.0104%1h447.73−0.043%$12510xas long as short
Phoenix TSM+0.0179%1h447.90−0.005%$218K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h452.64+1.054%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0242%1h447.62−0.067%$98$32K10xas long as short
Lighter TSM+0.0280%1h448.37+0.100%$506K$167K10xas long as short