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

TSM

RWAall TSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%
Price spread now: Aevo against Vest+0.057%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.057% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest TSM-USD-PERP443.620.0046pay 0.0006% / 1h52m 07s$58325x
ShortAevo TSM-PERP443.870.0104get 0.0013% / 1h52m 07s$12410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Vest. 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
$12.25
Price spread: +0.057% → 0.000%
$5.73
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$0.02
Costs to cover
0.180%
Break-even
7.0 days
Slippage unknown: Vest: no order-book sample; Aevo: 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 Vest no order-book sample
Sell Aevo no order-book sample
Vest and Aevo: 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
Aster TSMUSDT0.0000%8h444.24+0.139%$82K$1K20xas long as short
Bybit TSMUSDT0.0000%8h443.66+0.009%$2.0M$391K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h443.79+0.038%$4.0M$2.4M20xas long as short
Gate TSM_USDT0.0000%8h443.78+0.036%$1.7M$913K100xas long as short
Bitget TSMUSDT0.0000%8h444.00+0.086%$1.7M$1.4M20xas long as short
Variational Omni TSM0.0000%8h443.57−0.011%$549K$61Kas long as short
SunX TSM-USDT0.0000%8h444.03+0.092%$2K$4.4M10xas long as short
HTX TSM-USDT0.0000%8h443.76+0.032%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.12+0.113%$1.5M$441K10xas long as short
Lighter RH TSM+0.0032%1h443.93+0.070%$222K$644K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest TSM-USD-PERPlong+0.0046%1h443.62long leg$58325x
Extended TSM-USD+0.0048%1h443.92+0.069%$1K$197K10xas long as short
tradeXYZ xyz:TSM+0.0050%1h443.53−0.020%$10.2M$2.3M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h443.66+0.009%$196K$51K10xas long as short
SoDEX TSM-USD+0.0050%1h443.48−0.032%$137$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h443.06−0.126%$159K$23K10xas long as short
Binance TSMUSDT+0.0050%8h443.98+0.081%$13.1M$6.8M20xas long as short
Lighter TSM+0.0072%1h444.09+0.106%$501K$173K10xas long as short
KuCoin TSMUSDTM+0.0100%8h443.54−0.018%$269K$320K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h443.95+0.074%$2110xas long as short
Aevo TSM-PERPshort+0.0104%1h443.87+0.057%$12410x
Coinbase International TSM-PERP-INTX+0.0152%1h443.28−0.077%$370K$107K10xas long as short
GRVT TSM_USDT_Perp+0.0196%8h443.61−0.003%$8K$1.1M10xas long as short
Phoenix TSM+0.0217%1h443.63+0.002%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h447.81+0.945%$7K$38K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0223%1h443.86+0.054%$4$24K10xas long as short
edgeX TSMUSDC+0.0791%4h443.59−0.008%$48K$216K10xas long as short