Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.007%
Price spread now: Ondo Perps against BloFin−0.039%95s7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.039%, 7d avg −0.084%
=Together, before fees+0.056%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.045% dearer against BloFin than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.084%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TSM-USDT | 439.80 | 0.0096 | pay 0.0096% / 8h | 1h 01m | $45K | $106K | 20x |
| Short | Ondo Perps TSM-USD.P | 439.63 | 0.0050 | get 0.0006% / 1h | 1m 22s | $158K | $27K | 10x |
BloFin TSM-USDT
Ondo Perps TSM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.56
- Price spread: −0.039% → −0.084%
- $4.5
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$22.06
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 5 min ago | 0.23 bp | 11.2 bp −$11 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0835% | 4h | 439.71 | −0.020% | $47K | $217K | 10x | as long as short |
| Bitget TSMUSDT | −0.0173% | 8h | 439.86 | +0.014% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.87 | +0.015% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.58 | −0.050% | $2.0M | $399K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.81 | +0.002% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.55 | −0.057% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.85 | +0.011% | $559K | $37K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.78 | −0.005% | $1K | $4.1M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.62 | −0.041% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.54 | +0.168% | $1.5M | $524K | 10x | as long as short |
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 440.23 | +0.098% | $496K | $163K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.56 | −0.055% | $221K | $728K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.48 | −0.073% | — | $2K | 25x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0048% | 1h | 439.33 | −0.107% | $366K | $102K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.27 | −0.121% | $10.2M | $1.7M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.51 | −0.066% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.47 | −0.075% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 439.63 | −0.039% | $158K | $27K | 10x | |
| Deribit TSM_USDC-PERPETUAL | +0.0068% | 1h | 439.75 | −0.011% | $97 | $25K | 10x | as long as short |
| Binance TSMUSDT | +0.0070% | 8h | 439.78 | −0.004% | $12.9M | $7.9M | 20x | as long as short |
| Extended TSM-USD | +0.0072% | 1h | 439.61 | −0.044% | $3K | $145K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0080% | 8h | 439.84 | +0.009% | $6K | $1.3M | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0096% | 8h | 439.80 | long leg | $45K | $106K | 20x | |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.41 | −0.089% | $267K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.67 | −0.030% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.78 | −0.005% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0164% | 1h | 439.68 | −0.027% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.27 | +1.016% | $6K | $38K | 12x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Deribit TSM_USDC-PERPETUAL
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP