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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Bitget against Aster−0.005%7-day average · you buy dearer than you sell
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 7 days+0.060%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT445.080get 0.0000% / 8h2h 07m$82K$1K20x
ShortBitget TSMUSDT445.060get 0.0000% / 8h2h 07m$1.6M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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: −0.005% → 0.000%
−$0.55
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.55
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 10 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 Aster no order-book sample
Sell Bitget live order book, 10 min ago2.70 bp15.9 bp −$1624.6 bp −$24658.5 bp −$5,853doesn't fit
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 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
Aster TSMUSDTlong0.0000%8h445.08long leg$82K$1K20x
Extended TSM-USD0.0000%1h445.06−0.006%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h445.11+0.005%$13.1M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h444.86−0.050%$2.0M$419K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h445.01−0.017%$4.0M$3.1M20xas long as short
Gate TSM_USDT0.0000%8h444.91−0.039%$1.7M$923K100xas long as short
Bitget TSMUSDTshort0.0000%8h445.06−0.005%$1.6M$1.5M20x
Variational Omni TSM0.0000%8h445.20+0.027%$551K$85Kas long as short
GRVT TSM_USDT_Perp0.0000%8h445.14+0.012%$7K$1.1M10xas long as short
SunX TSM-USDT0.0000%8h445.11+0.006%$1K$5.4M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TSM-USDT0.0000%8h445.16+0.017%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.97−0.026%$1.5M$465K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h444.60−0.109%$356K$96K10xas long as short
BloFin TSM-USDT+0.0024%8h445.17+0.019%$44K$105K20xas long as short
edgeX TSMUSDC+0.0026%4h445.17+0.020%$48K$214K10xas long as short
Lighter RH TSM+0.0032%1h445.20+0.026%$224K$685K10xas long as short
Vest TSM-USD-PERP+0.0046%1h444.91−0.039%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h444.77−0.071%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h444.95−0.030%$188K$82K10xas long as short
SoDEX TSM-USD+0.0050%1h444.76−0.073%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h445.02−0.014%$158K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h444.67−0.093%$269K$340K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h445.16+0.017%$2110xas long as short
Aevo TSM-PERP+0.0104%1h445.28+0.045%$12510xas long as short
Phoenix TSM+0.0180%1h444.99−0.021%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h468.41+5.241%$7K$39K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0334%1h445.16+0.017%$4$61K10xas long as short
Lighter TSM+0.0672%1h445.88+0.179%$503K$161K10xas long as short