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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h −0.004%
Price spread now: SunX against BloFin−0.009%55s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$268as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2672.669% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now −0.009%, 7d avg −0.013%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TSM-USDT446.780.0000pay 0.0000% / 8h13m 33s$44K$103K20x
ShortSunX TSM-USDT446.740get 0.0000% / 8h13m 33s$1K$5.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$0.01
Price spread: −0.009% → −0.013%
$0.38
Slippage, 4 orders
−$246.86
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$266.49
Costs to cover
2.669%
Break-even
never at this rate
Slippage from BloFin: live order book, 46 min ago; SunX: live order book, 5 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 BloFin live order book, 46 min ago0.22 bp6.6 bp −$710.5 bp −$105doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago44.75 bp126.9 bp −$127doesn't fitdoesn'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
edgeX TSMUSDC−0.0225%4h446.76−0.004%$48K$216K10xas long as short
Coinbase International TSM-PERP-INTX−0.0024%1h446.18−0.134%$357K$97K10xas long as short
Aster TSMUSDT0.0000%8h446.62−0.037%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h446.70−0.018%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h446.780.000%$13.2M$6.7M20xas long as short
Bybit TSMUSDT0.0000%8h446.57−0.047%$2.0M$415K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h446.77−0.002%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h446.40−0.085%$1.7M$910K100xas long as short
Bitget TSMUSDT0.0000%8h446.72−0.013%$1.6M$1.5M20xas long as short
Variational Omni TSM0.0000%8h446.83+0.011%$553K$84Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT TSM_USDT_Perp0.0000%8h446.81+0.007%$7K$1.1M10xas long as short
SunX TSM-USDTshort0.0000%8h446.74−0.009%$1K$5.1M10x
HTX TSM-USDT0.0000%8h446.59−0.043%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h446.74−0.009%$1.5M$455K10xas long as short
BloFin TSM-USDTlong0.0000%8h446.78long leg$44K$103K20x
Deribit TSM_USDC-PERPETUAL+0.0019%1h446.64−0.031%$4$61K10xas long as short
Lighter RH TSM+0.0032%1h446.88+0.022%$229K$596K10xas long as short
Vest TSM-USD-PERP+0.0046%1h446.72−0.013%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h446.48−0.067%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h446.48−0.067%$196K$90K10xas long as short
SoDEX TSM-USD+0.0050%1h446.45−0.074%$144$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h446.39−0.087%$159K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.40−0.085%$271K$317K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.77−0.002%$2110xas long as short
Aevo TSM-PERP+0.0104%1h446.82+0.010%$12510xas long as short
Phoenix TSM+0.0215%1h446.780.000%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h450.72+0.882%$7K$38K12xas long as short
Lighter TSM+0.0264%1h447.27+0.110%$505K$166K10xas long as short