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 −0.013%
Price spread now: OKX against Bitget−0.047%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 7 days−0.057%−$6 · spread now −0.047%, 7d avg −0.053%
Together, before fees−0.101%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TSMUSDT447.370get 0.0000% / 8h7h 01m$1.6M$1.4M20x
ShortOKX TSM-USDT-SWAP447.160get 0.0000% / 8h7h 01m$4.0M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.047% → −0.053%
$0.58
Slippage, 4 orders
−$16.68
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$38.1
Costs to cover
0.387%
Break-even
never at this rate
Slippage from Bitget: live order book, just now; OKX: live order book, 1 min ago.

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, just now4.25 bp10.9 bp −$1127.9 bp −$279doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.89 bp8.7 bp −$919.2 bp −$192doesn't fitdoesn't fit

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
Coinbase International TSM-PERP-INTX−0.0024%1h447.30−0.016%$359K$100K10xas long as short
Aster TSMUSDT0.0000%8h447.19−0.040%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h447.01−0.080%$5K$204K10xas long as short
Binance TSMUSDT0.0000%8h447.12−0.056%$13.2M$7.0M20xas long as short
Bybit TSMUSDT0.0000%8h446.94−0.096%$2.0M$413K50xas long as short
OKX TSM-USDT-SWAPshort0.0000%8h447.16−0.047%$4.0M$3.0M20x
Gate TSM_USDT0.0000%8h446.99−0.085%$1.7M$930K100xas long as short
Bitget TSMUSDTlong0.0000%8h447.37long leg$1.6M$1.4M20x
Variational Omni TSM0.0000%8h447.45+0.018%$554K$82Kas long as short
SunX TSM-USDT0.0000%8h447.18−0.042%$2K$4.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TSM-USDT0.0000%8h447.29−0.018%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h447.25−0.027%$1.5M$455K10xas long as short
BloFin TSM-USDT+0.0018%8h447.29−0.018%$45K$100K20xas long as short
Lighter RH TSM+0.0032%1h447.15−0.049%$229K$657K10xas long as short
Vest TSM-USD-PERP+0.0046%1h447.08−0.065%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h446.85−0.116%$10.3M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.00−0.083%$198K$42K10xas long as short
SoDEX TSM-USD+0.0050%1h446.90−0.105%$146$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h447.27−0.022%$158K$22K10xas long as short
GRVT TSM_USDT_Perp+0.0065%8h447.55+0.041%$13K$1.1M10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.98−0.087%$271K$314K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h447.11−0.058%$2110xas long as short
Aevo TSM-PERP+0.0104%1h447.21−0.035%$12510xas long as short
Phoenix TSM+0.0179%1h447.42+0.011%$218K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h452.09+1.055%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0265%1h447.09−0.063%$98$32K10xas long as short
Lighter TSM+0.0320%1h447.84+0.105%$505K$167K10xas long as short
edgeX TSMUSDC+0.0572%4h447.21−0.037%$48K$216K10xas long as short