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 0.000%
Price spread now: SunX against HTX−0.005%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TSM-USDT439.560get 0.0000% / 8h56m 02s$9K$8K20x
ShortSunX TSM-USDT439.540get 0.0000% / 8h56m 02s$1K$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against HTX. 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: −0.005% → 0.000%
−$0.46
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$20.46
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; SunX: live order book, 12 min ago. 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 HTX no order-book sample
Sell SunX live order book, 12 min ago45.69 bp127.7 bp −$128doesn't fitdoesn't fitdoesn't fit
HTX: 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−0.0951%4h439.73+0.038%$47K$215K10xas long as short
Bitget TSMUSDT−0.0167%8h439.82+0.059%$1.7M$1.5M20xas long as short
tradeXYZ xyz:TSM−0.0004%1h439.08−0.109%$10.1M$1.8M10xas long as short
Aster TSMUSDT0.0000%8h439.560.000%$82K$2K20xas long as short
Bybit TSMUSDT0.0000%8h439.39−0.039%$2.0M$400K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h439.58+0.005%$4.0M$2.6M20xas long as short
Gate TSM_USDT0.0000%8h439.41−0.034%$1.7M$1.1M100xas long as short
Variational Omni TSM0.0000%8h439.72+0.036%$559K$38Kas long as short
SunX TSM-USDTshort0.0000%8h439.54−0.005%$1K$4.1M10x
HTX TSM-USDTlong0.0000%8h439.56long leg$9K$8K20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex TSMUSDT0.0000%8h440.52+0.218%$1.5M$525K10xas long as short
Lighter TSM+0.0032%1h439.57+0.002%$495K$185K10xas long as short
Lighter RH TSM+0.0032%1h439.31−0.057%$221K$720K10xas long as short
Vest TSM-USD-PERP+0.0046%1h439.21−0.080%$2K25xas long as short
Polymarket Perps TSM-USD+0.0050%1h439.37−0.043%$190K$68K10xas long as short
SoDEX TSM-USD+0.0050%1h439.24−0.073%$138$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h439.18−0.086%$158K$27K10xas long as short
Coinbase International TSM-PERP-INTX+0.0056%1h439.33−0.052%$366K$99K10xas long as short
Binance TSMUSDT+0.0062%8h439.59+0.007%$12.9M$8.0M20xas long as short
Extended TSM-USD+0.0064%1h439.46−0.022%$3K$142K10xas long as short
GRVT TSM_USDT_Perp+0.0076%8h439.82+0.059%$6K$1.3M10xas long as short
BloFin TSM-USDT+0.0084%8h439.60+0.009%$45K$106K20xas long as short
Deribit TSM_USDC-PERPETUAL+0.0091%1h439.42−0.032%$4$25K10xas long as short
KuCoin TSMUSDTM+0.0100%8h439.33−0.052%$266K$309K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h439.45−0.025%$2110xas long as short
Aevo TSM-PERP+0.0104%1h439.43−0.029%$12310xas long as short
Phoenix TSM+0.0164%1h439.57+0.002%$214K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h444.18+1.051%$6K$38K12xas long as short