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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.018%
Price spread now: Aevo against Bitget−0.014%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 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: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TSMUSDT440.06−0.0034get 0.0034% / 8h8m 04s$1.7M$1.5M20x
ShortAevo TSM-PERP440.000.0104get 0.0013% / 1h8m 04s$12310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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
$28.98
Price spread: −0.014% → 0.000%
−$1.43
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$0.45
Costs to cover
0.280%
Break-even
7.1 days
Slippage unknown: Bitget: live order book, 4 min ago; Aevo: no order-book sample. 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 Bitget live order book, 4 min ago4.20 bp11.2 bp −$1116.5 bp −$16541.0 bp −$4,102doesn't fit
Sell Aevo no order-book sample
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 TSMUSDTlong−0.0034%8h440.06long leg$1.7M$1.5M20x
Aster TSMUSDT0.0000%8h440.07+0.002%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.91−0.034%$2.0M$400K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.13+0.016%$4.0M$2.6M20xas long as short
Gate TSM_USDT0.0000%8h439.97−0.020%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h440.07+0.002%$559K$38Kas long as short
SunX TSM-USDT0.0000%8h440.13+0.016%$2K$4.0M10xas long as short
HTX TSM-USDT0.0000%8h440.16+0.023%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.67+0.139%$1.5M$522K10xas long as short
Lighter TSM+0.0032%1h440.00−0.014%$495K$190K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h439.92−0.032%$222K$725K10xas long as short
BloFin TSM-USDT+0.0035%8h440.37+0.070%$45K$107K20xas long as short
Vest TSM-USD-PERP+0.0046%1h439.76−0.068%$2K25xas long as short
tradeXYZ xyz:TSM+0.0050%1h439.72−0.077%$10.1M$1.8M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.84−0.050%$190K$68K10xas long as short
SoDEX TSM-USD+0.0050%1h439.74−0.073%$135$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.92−0.032%$157K$28K10xas long as short
Extended TSM-USD+0.0056%1h440.04−0.005%$3K$219K10xas long as short
Coinbase International TSM-PERP-INTX+0.0056%1h439.33−0.166%$366K$97K10xas long as short
Binance TSMUSDT+0.0058%8h440.14+0.018%$12.9M$7.9M20xas long as short
GRVT TSM_USDT_Perp+0.0075%8h440.18+0.028%$15K$1.3M10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.82−0.055%$266K$312K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.10+0.009%$2110xas long as short
Aevo TSM-PERPshort+0.0104%1h440.00−0.014%$12310x
Phoenix TSM+0.0146%1h440.07+0.002%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.02+0.900%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0364%1h440.10+0.009%$4$25K10xas long as short
edgeX TSMUSDC+0.0428%4h440.08+0.004%$47K$216K10xas long as short