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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: OKX against Aevo+0.010%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TSM-PERP439.740.0104pay 0.0013% / 1h24m 09s$12310x
ShortOKX TSM-USDT-SWAP439.790get 0.0000% / 8h2h 24m$4.0M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aevo. 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
−$21.84
Price spread: +0.010% → 0.000%
$1.04
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee OKX: 5 bp × 2 orders
−$10
Net
−$46.8
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; OKX: live order book, 3 min ago. 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 Aevo no order-book sample
Sell OKX live order book, 3 min ago1.59 bp8.9 bp −$925.0 bp −$250doesn't fitdoesn't fit
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
Bitget TSMUSDT−0.0245%8h439.88+0.031%$1.7M$1.6M20xas long as short
Aster TSMUSDT0.0000%8h439.79+0.011%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.49−0.058%$2.0M$399K50xas long as short
OKX TSM-USDT-SWAPshort0.0000%8h439.79+0.010%$4.0M$2.5M20x
Gate TSM_USDT0.0000%8h439.64−0.024%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h439.55−0.044%$551K$30Kas long as short
SunX TSM-USDT0.0000%8h439.88+0.031%$1K$4.2M10xas long as short
HTX TSM-USDT0.0000%8h439.46−0.065%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h441.22+0.336%$1.5M$506K10xas long as short
Lighter TSM+0.0032%1h439.77+0.006%$495K$138K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h439.65−0.021%$219K$681K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.32−0.096%$1K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.40−0.078%$10.2M$1.8M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.51−0.053%$192K$63K10xas long as short
SoDEX TSM-USD+0.0050%1h439.28−0.106%$134$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.61−0.031%$158K$26K10xas long as short
Binance TSMUSDT+0.0054%8h439.90+0.035%$12.8M$7.7M20xas long as short
Extended TSM-USD+0.0056%1h439.75+0.001%$5K$183K10xas long as short
GRVT TSM_USDT_Perp+0.0058%8h439.81+0.015%$8K$1.3M10xas long as short
Coinbase International TSM-PERP-INTX+0.0072%1h439.33−0.094%$366K$102K10xas long as short
BloFin TSM-USDT+0.0077%8h439.93+0.042%$45K$103K20xas long as short
KuCoin TSMUSDTM+0.0100%8h439.39−0.081%$267K$309K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h439.73−0.003%$2110xas long as short
Aevo TSM-PERPlong+0.0104%1h439.74long leg$12310x
Phoenix TSM+0.0163%1h439.44−0.069%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.65+1.116%$6K$38K12xas long as short
edgeX TSMUSDC+0.0467%4h439.42−0.075%$47K$215K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0729%1h439.72−0.006%$4$24K10xas long as short