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: HTX against Variational Omni−0.044%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 airdropVariational Omni: 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: HTX is 0.044% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TSM447.080get 0.0000% / 8h6h 57m$554K$82K
ShortHTX TSM-USDT446.880get 0.0000% / 8h6h 57m$9K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. 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: −0.044% → 0.000%
−$4.4
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$16.4
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; HTX: 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 Variational Omni RFQ quote, 11 min ago2.70 bpdoesn't fit27.1 bp −$271doesn't fitdoesn't fit
Sell HTX no order-book sample
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
BloFin TSM-USDT0.0000%8h446.90−0.040%$44K$100K20xas long as short
Aster TSMUSDT0.0000%8h446.46−0.138%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h446.04−0.231%$5K$203K10xas long as short
Binance TSMUSDT0.0000%8h446.04−0.232%$13.1M$7.0M20xas long as short
Bybit TSMUSDT0.0000%8h445.81−0.283%$2.0M$403K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h446.04−0.232%$4.0M$3.0M20xas long as short
Gate TSM_USDT0.0000%8h445.96−0.250%$1.7M$897K100xas long as short
Bitget TSMUSDT0.0000%8h446.21−0.194%$1.6M$1.4M20xas long as short
Variational Omni TSMlong0.0000%8h447.08long leg$554K$82K
SunX TSM-USDT0.0000%8h446.34−0.165%$1K$4.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX TSM-USDTshort0.0000%8h446.88−0.044%$9K$9K20x
Phemex TSMUSDT0.0000%8h446.63−0.100%$1.5M$454K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h446.43−0.145%$358K$98K10xas long as short
Lighter RH TSM+0.0032%1h446.24−0.187%$223K$630K10xas long as short
GRVT TSM_USDT_Perp+0.0042%8h447.23+0.034%$13K$1.1M10xas long as short
Vest TSM-USD-PERP+0.0046%1h446.51−0.127%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h445.90−0.263%$10.3M$2.4M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h446.50−0.129%$199K$44K10xas long as short
SoDEX TSM-USD+0.0050%1h446.31−0.172%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h446.37−0.158%$158K$23K10xas long as short
KuCoin TSMUSDTM+0.0100%8h446.01−0.239%$270K$315K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h446.55−0.118%$2110xas long as short
Aevo TSM-PERP+0.0104%1h446.36−0.159%$12510xas long as short
Phoenix TSM+0.0179%1h446.91−0.037%$217K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h451.67+1.027%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0468%1h446.23−0.189%$98$32K10xas long as short
edgeX TSMUSDC+0.0572%4h447.21+0.029%$48K$216K10xas long as short
Lighter TSM+0.0648%1h446.84−0.053%$504K$168K10xas long as short