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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.011%
Price spread now: Ondo Perps against BloFin−0.096%7-day average −0.082% · 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+0.107%+$11 on $10k
Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.096%, 7d avg −0.082%
Together, before fees+0.115%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.082%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TSM-USDT447.870.0020pay 0.0020% / 8h7h 23m$44K$102K20x
ShortOndo Perps TSM-USD.P447.440.0050get 0.0006% / 1h23m 56s$158K$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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
$6.49
Price spread: −0.096% → −0.082%
−$1.36
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$11.87
Costs to cover
0.170%
Break-even
19.8 days
Slippage unknown: BloFin: live order book, 31 min ago; Ondo Perps: 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 BloFin live order book, 31 min ago0.11 bp7.2 bp −$77.3 bp −$73doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
edgeX TSMUSDC−0.0968%4h448.01+0.032%$48K$215K10xas long as short
Coinbase International TSM-PERP-INTX−0.0024%1h446.95−0.205%$358K$101K10xas long as short
Aster TSMUSDT0.0000%8h447.70−0.039%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h447.55−0.071%$5K$207K10xas long as short
Binance TSMUSDT0.0000%8h447.65−0.049%$13.2M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h447.57−0.067%$2.0M$411K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h447.60−0.060%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h447.50−0.083%$1.7M$924K100xas long as short
Variational Omni TSM0.0000%8h447.92+0.011%$555K$84Kas long as short
SunX TSM-USDT0.0000%8h447.68−0.042%$1K$4.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TSM-USDT0.0000%8h447.95+0.018%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h447.80−0.016%$1.5M$454K10xas long as short
BloFin TSM-USDTlong+0.0020%8h447.87long leg$44K$102K20x
Bitget TSMUSDT+0.0030%8h447.64−0.051%$1.6M$1.4M20xas long as short
Lighter RH TSM+0.0032%1h447.70−0.038%$225K$648K10xas long as short
Vest TSM-USD-PERP+0.0046%1h447.65−0.049%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h447.48−0.087%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h447.57−0.067%$197K$41K10xas long as short
SoDEX TSM-USD+0.0050%1h447.40−0.105%$146$3K10xas long as short
Ondo Perps TSM-USD.Pshort+0.0050%1h447.44−0.096%$158K$20K10x
GRVT TSM_USDT_Perp+0.0055%8h448.00+0.030%$13K$1.1M10xas long as short
KuCoin TSMUSDTM+0.0100%8h447.46−0.092%$272K$312K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h447.67−0.045%$2110xas long as short
Aevo TSM-PERP+0.0104%1h447.77−0.023%$12510xas long as short
Phoenix TSM+0.0179%1h447.90+0.007%$218K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h452.64+1.065%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0242%1h447.62−0.056%$98$32K10xas long as short
Lighter TSM+0.0280%1h448.36+0.109%$506K$167K10xas long as short