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: SunX against Aster+0.028%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 7 days0.000%$0 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.028% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT444.310get 0.0000% / 8h6h 16m$82K$1K20x
ShortSunX TSM-USDT444.430get 0.0000% / 8h6h 16m$1K$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.028% → 0.000%
$2.79
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$13.21
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago45.55 bp127.6 bp −$128doesn't fitdoesn't fitdoesn'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 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 TSMUSDTlong0.0000%8h444.31long leg$82K$1K20x
Bybit TSMUSDT0.0000%8h444.02−0.064%$2.0M$387K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h444.15−0.035%$4.0M$2.4M20xas long as short
Gate TSM_USDT0.0000%8h444.13−0.040%$1.7M$986K100xas long as short
Bitget TSMUSDT0.0000%8h444.43+0.028%$1.7M$1.4M20xas long as short
Variational Omni TSM0.0000%8h444.30−0.002%$550K$82Kas long as short
SunX TSM-USDTshort0.0000%8h444.43+0.028%$1K$4.5M10x
HTX TSM-USDT0.0000%8h444.16−0.033%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.45+0.032%$1.5M$448K10xas long as short
Extended TSM-USD+0.0016%1h444.22−0.019%$4K$197K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TSM-PERP-INTX+0.0016%1h444.30−0.001%$371K$105K10xas long as short
Binance TSMUSDT+0.0020%8h444.34+0.008%$13.0M$6.8M20xas long as short
Lighter RH TSM+0.0032%1h444.22−0.019%$229K$637K10xas long as short
Vest TSM-USD-PERP+0.0046%1h443.90−0.091%$58325xas long as short
tradeXYZ xyz:TSM+0.0050%1h443.83−0.107%$10.2M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h444.16−0.033%$197K$48K10xas long as short
SoDEX TSM-USD+0.0050%1h443.85−0.103%$138$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h443.75−0.125%$160K$24K10xas long as short
KuCoin TSMUSDTM+0.0100%8h444.00−0.069%$270K$316K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h444.29−0.004%$2110xas long as short
Aevo TSM-PERP+0.0104%1h444.36+0.011%$12410xas long as short
GRVT TSM_USDT_Perp+0.0140%8h444.34+0.008%$9K$1.1M10xas long as short
Phoenix TSM+0.0179%1h444.14−0.037%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h449.49+1.167%$7K$38K12xas long as short
edgeX TSMUSDC+0.0348%4h444.28−0.007%$48K$216K10xas long as short
Lighter TSM+0.0376%1h444.85+0.122%$502K$170K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0561%1h444.34+0.008%$4$23K10xas long as short