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: Variational Omni against Aster−0.101%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.101% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TSMUSDT440.030get 0.0000% / 8h2h 29m$82K$2K20x
ShortVariational Omni TSM439.590get 0.0000% / 8h2h 29m$547K$42K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.101% → 0.000%
−$10.06
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.06
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 20 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 Variational Omni RFQ quote, 20 min ago2.15 bpdoesn't fit21.1 bp −$211doesn'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 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−0.0217%8h439.87−0.036%$1.7M$1.5M20xas long as short
Aster TSMUSDTlong0.0000%8h440.03long leg$82K$2K20x
Bybit TSMUSDT0.0000%8h439.62−0.093%$2.0M$400K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h439.70−0.075%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h439.63−0.091%$1.7M$1.1M100xas long as short
Variational Omni TSMshort0.0000%8h439.59−0.101%$547K$42K
SunX TSM-USDT0.0000%8h439.91−0.027%$2K$4.2M10xas long as short
HTX TSM-USDT0.0000%8h439.69−0.077%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.84+0.184%$1.5M$505K10xas long as short
Lighter TSM+0.0032%1h439.80−0.052%$495K$138K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h439.76−0.061%$219K$681K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.40−0.143%$1K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.52−0.116%$10.2M$1.8M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.58−0.102%$192K$63K10xas long as short
SoDEX TSM-USD+0.0050%1h439.34−0.157%$136$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.74−0.066%$159K$25K10xas long as short
BloFin TSM-USDT+0.0051%8h439.61−0.095%$45K$103K20xas long as short
GRVT TSM_USDT_Perp+0.0061%8h439.72−0.070%$8K$1.3M10xas long as short
Binance TSMUSDT+0.0062%8h439.87−0.035%$12.8M$7.7M20xas long as short
Extended TSM-USD+0.0064%1h439.75−0.063%$6K$190K10xas long as short
Coinbase International TSM-PERP-INTX+0.0072%1h439.33−0.159%$366K$102K10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.63−0.091%$267K$309K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h439.83−0.045%$2110xas long as short
Aevo TSM-PERP+0.0104%1h439.82−0.048%$12310xas long as short
Phoenix TSM+0.0163%1h439.73−0.068%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.65+1.050%$6K$38K12xas long as short
edgeX TSMUSDC+0.0223%4h439.67−0.083%$47K$217K10xas long as short
Deribit TSM_USDC-PERPETUAL+0.0319%1h439.95−0.018%$4$24K10xas long as short