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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.005%
Price spread now: Vest against BloFin−0.147%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: 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: Vest is 0.147% cheaper against BloFin than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TSM-USDT440.720.0052pay 0.0052% / 8h3h 39m$45K$99K20x
ShortVest TSM-USD-PERP440.070.0046get 0.0006% / 1h39m 58s$58325x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$1.36
Price spread: −0.147% → 0.000%
−$14.75
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$30.11
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Vest: 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 no order-book sample
Sell Vest no order-book sample
BloFin and Vest: 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−0.0149%8h440.60−0.027%$1.8M$1.5M20xas long as short
Aster TSMUSDT0.0000%8h440.95+0.051%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h440.36−0.082%$2.0M$399K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h440.52−0.045%$4.0M$2.5M20xas long as short
Gate TSM_USDT0.0000%8h440.36−0.082%$1.7M$1.0M100xas long as short
Variational Omni TSM0.0000%8h440.54−0.040%$546K$40Kas long as short
SunX TSM-USDT0.0000%8h440.59−0.029%$2K$4.3M10xas long as short
HTX TSM-USDT0.0000%8h440.50−0.050%$9K$8K20xas long as short
Phemex TSMUSDT0.0000%8h440.78+0.014%$1.5M$479K10xas long as short
Lighter TSM+0.0032%1h440.57−0.034%$496K$176K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH TSM+0.0032%1h440.34−0.086%$223K$669K10xas long as short
Vest TSM-USD-PERPshort+0.0046%1h440.07−0.147%$58325x
tradeXYZ xyz:TSM+0.0050%1h440.11−0.138%$10.2M$2.1M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h440.37−0.079%$192K$58K10xas long as short
SoDEX TSM-USD+0.0050%1h440.16−0.127%$142$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h440.66−0.014%$157K$22K10xas long as short
BloFin TSM-USDTlong+0.0052%8h440.72long leg$45K$99K20x
Extended TSM-USD+0.0064%1h440.40−0.074%$2K$195K10xas long as short
Binance TSMUSDT+0.0064%8h440.54−0.041%$12.9M$7.4M20xas long as short
GRVT TSM_USDT_Perp+0.0083%8h441.04+0.073%$13K$1.2M10xas long as short
Coinbase International TSM-PERP-INTX+0.0088%1h440.79+0.016%$368K$102K10xas long as short
KuCoin TSMUSDTM+0.0100%8h440.13−0.134%$267K$309K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h440.39−0.075%$2110xas long as short
Aevo TSM-PERP+0.0104%1h440.52−0.045%$12310xas long as short
Phoenix TSM+0.0199%1h440.57−0.034%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h445.60+1.107%$6K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0705%1h440.42−0.068%$4$24K10xas long as short
edgeX TSMUSDC+0.0748%4h440.87+0.034%$47K$216K10xas long as short