Funding you earn now, next payment 16:00 UTC−0.0040%/8h= −4.3% APRnext payment −$0.40 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against BloFin−0.017%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.017%, 7d avg −0.015%
=Together, before fees−0.079%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TSM-USDT | 440.26 | 0.0040 | pay 0.0040% / 8h | 6h 19m | $45K | $113K | 20x |
| Short | Variational Omni TSM | 440.18 | 0 | get 0.0000% / 8h | 6h 19m | $551K | $44K | — |
BloFin TSM-USDT
Variational Omni TSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$8.33
- Price spread: −0.017% → −0.015%
- −$0.25
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.58
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 23 min ago; Variational Omni: RFQ quote, 33 min ago. 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, 23 min ago | 0.68 bp | 10.0 bp −$10 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 33 min ago | 2.16 bp | doesn't fit | 20.9 bp −$209 | doesn't fit | doesn't fit |
TSM on 28 exchanges
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 | −0.0872% | 4h | 440.30 | +0.008% | $47K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0016% | 1h | 439.42 | −0.191% | $372K | $98K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.12 | −0.032% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.97 | −0.066% | $2.0M | $397K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.28 | +0.005% | $4.0M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.07 | −0.043% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 440.28 | +0.005% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSMshort | 0.0000% | 8h | 440.18 | −0.017% | $551K | $44K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 440.27 | +0.002% | $2K | $3.8M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.13 | −0.030% | $9K | $8K | 20x | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
SunX TSM-USDT
HTX TSM-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 439.76 | −0.114% | $1.5M | $545K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.20 | −0.014% | $496K | $143K | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0040% | 8h | 440.26 | long leg | $45K | $113K | 20x | |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.74 | −0.118% | — | $2K | 25x | as long as short |
| Lighter RH TSM | +0.0048% | 1h | 440.20 | −0.014% | $195K | $726K | 10x | as long as short |
| Extended TSM-USD | +0.0048% | 1h | 440.15 | −0.026% | $5K | $215K | 10x | as long as short |
| Binance TSMUSDT | +0.0049% | 8h | 440.28 | +0.005% | $13.0M | $8.3M | 20x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.87 | −0.089% | $10.1M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.89 | −0.084% | $186K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.83 | −0.098% | $133 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.01 | −0.057% | $158K | $27K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.75 | −0.116% | $268K | $413K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.22 | −0.009% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.19 | −0.017% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 440.08 | −0.041% | $209K | $10K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +0.838% | $6K | $38K | 12x | as long as short |
| GRVT TSM_USDT_Perp | +0.0232% | 8h | 440.34 | +0.018% | $9K | $1.3M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0682% | 1h | 440.15 | −0.025% | $4 | $11K | 10x | as long as short |
Phemex TSMUSDT
Lighter TSM
Vest TSM-USD-PERP
Lighter RH TSM
Extended TSM-USD
Binance TSMUSDT
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL