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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: SunX against Aevo+0.005%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-PERP443.170.0104pay 0.0013% / 1h0m 33s$12410x
ShortSunX TSM-USDT443.190get 0.0000% / 8h5h 00m$2K$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.005% → 0.000%
$0.48
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SunX: 4 bp × 2 orders
−$8
Net
−$45.36
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago45.11 bp127.0 bp −$127doesn't fitdoesn'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
edgeX TSMUSDC−0.0717%4h443.25+0.018%$48K$217K10xas long as short
Aster TSMUSDT0.0000%8h443.38+0.047%$81K$1K20xas long as short
Bybit TSMUSDT0.0000%8h442.94−0.052%$2.0M$381K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h443.01−0.036%$4.0M$2.4M20xas long as short
Gate TSM_USDT0.0000%8h442.95−0.049%$1.7M$963K100xas long as short
Bitget TSMUSDT0.0000%8h443.45+0.063%$1.7M$1.4M20xas long as short
Variational Omni TSM0.0000%8h443.11−0.012%$549K$61Kas long as short
SunX TSM-USDTshort0.0000%8h443.19+0.005%$2K$4.3M10x
HTX TSM-USDT0.0000%8h443.12−0.011%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h443.27+0.023%$1.5M$445K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TSM-USDT+0.0022%8h443.20+0.007%$45K$98K20xas long as short
Lighter TSM+0.0032%1h443.39+0.050%$500K$173K10xas long as short
Lighter RH TSM+0.0032%1h443.02−0.034%$221K$645K10xas long as short
Vest TSM-USD-PERP+0.0046%1h442.74−0.097%$58325xas long as short
Extended TSM-USD+0.0048%1h442.97−0.045%$2K$189K10xas long as short
Binance TSMUSDT+0.0049%8h443.15−0.005%$13.0M$6.8M20xas long as short
tradeXYZ xyz:TSM+0.0050%1h442.77−0.090%$10.3M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h442.95−0.049%$196K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h442.84−0.074%$136$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h442.48−0.155%$158K$23K10xas long as short
GRVT TSM_USDT_Perp+0.0098%8h443.25+0.019%$11K$1.2M10xas long as short
KuCoin TSMUSDTM+0.0100%8h442.81−0.081%$268K$317K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h443.08−0.020%$2110xas long as short
Aevo TSM-PERPlong+0.0104%1h443.17long leg$12410x
Coinbase International TSM-PERP-INTX+0.0152%1h443.05−0.027%$369K$107K10xas long as short
Phoenix TSM+0.0217%1h443.18+0.003%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h448.46+1.194%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0631%1h443.06−0.025%$4$24K10xas long as short