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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Ondo Perps−0.014%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 airdropOndo Perps: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps TSM-USD.P443.410.0050pay 0.0006% / 1h49m 38s$160K$23K10x
ShortSoDEX TSM-USD443.350.0050get 0.0006% / 1h49m 38s$137$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Ondo Perps. 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
−$0.08
Price spread: −0.014% → 0.000%
−$1.35
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$14.44
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SoDEX: 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 Ondo Perps no order-book sample
Sell SoDEX no order-book sample
Ondo Perps and SoDEX: 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 27 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−0.0267%4h443.83+0.094%$48K$216K10xas long as short
Aster TSMUSDT0.0000%8h443.87+0.104%$81K$1K20xas long as short
Bybit TSMUSDT0.0000%8h443.48+0.016%$2.0M$391K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h443.64+0.052%$4.0M$2.4M20xas long as short
Gate TSM_USDT0.0000%8h443.56+0.034%$1.7M$946K100xas long as short
Bitget TSMUSDT0.0000%8h443.84+0.097%$1.7M$1.4M20xas long as short
Variational Omni TSM0.0000%8h443.88+0.106%$550K$61Kas long as short
SunX TSM-USDT0.0000%8h443.90+0.111%$2K$4.4M10xas long as short
HTX TSM-USDT0.0000%8h443.76+0.079%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h443.92+0.115%$1.5M$441K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TSM+0.0032%1h444.03+0.140%$501K$173K10xas long as short
Lighter RH TSM+0.0032%1h443.64+0.052%$222K$644K10xas long as short
Vest TSM-USD-PERP+0.0046%1h443.56+0.034%$58325xas long as short
Binance TSMUSDT+0.0047%8h443.77+0.081%$13.0M$6.8M20xas long as short
Extended TSM-USD+0.0048%1h443.64+0.051%$1K$197K10xas long as short
tradeXYZ xyz:TSM+0.0050%1h443.31−0.023%$10.2M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h443.59+0.041%$196K$51K10xas long as short
SoDEX TSM-USDshort+0.0050%1h443.35−0.014%$137$3K10x
Ondo Perps TSM-USD.Plong+0.0050%1h443.41long leg$160K$23K10x
KuCoin TSMUSDTM+0.0100%8h443.27−0.032%$269K$320K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h443.82+0.092%$2110xas long as short
Aevo TSM-PERP+0.0104%1h443.77+0.082%$12410xas long as short
Coinbase International TSM-PERP-INTX+0.0152%1h443.28−0.029%$370K$107K10xas long as short
GRVT TSM_USDT_Perp+0.0187%8h443.91+0.113%$8K$1.1M10xas long as short
Phoenix TSM+0.0217%1h443.77+0.081%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.81+0.992%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0224%1h443.69+0.063%$4$24K10xas long as short