Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Gate+0.028%7-day average +0.052% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.028%, 7d avg +0.052%
=Together, before fees−0.061%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.024% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TSM_USDT | 446.08 | 0 | get 0.0000% / 8h | 53m 07s | $1.7M | $905K | 100x |
| Short | Variational Omni TSM | 446.20 | 0 | get 0.0000% / 8h | 53m 07s | $553K | $85K | — |
Gate TSM_USDT
Variational Omni TSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- $0
- Price spread: +0.028% → +0.052%
- −$2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.41
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: RFQ quote, 26 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 Gate live order book, 4 min ago | 1.79 bp | 15.8 bp −$16 | 94.1 bp −$941 | 143.6 bp −$14.4K | doesn't fit |
| Sell Variational Omni RFQ quote, 26 min ago | 2.16 bp | doesn't fit | 23.0 bp −$230 | doesn't fit | doesn't fit |
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 | −0.0564% | 4h | 446.35 | +0.061% | $48K | $215K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.07 | −0.002% | $357K | $97K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 446.28 | +0.044% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 446.39 | +0.068% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 446.47 | +0.087% | $13.2M | $6.8M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 446.08 | 0.000% | $2.0M | $418K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 446.38 | +0.067% | $4.0M | $3.1M | 20x | as long as short |
| Gate TSM_USDTlong | 0.0000% | 8h | 446.08 | long leg | $1.7M | $905K | 100x | |
| Bitget TSMUSDT | 0.0000% | 8h | 446.34 | +0.058% | $1.6M | $1.5M | 20x | as long as short |
| Variational Omni TSMshort | 0.0000% | 8h | 446.20 | +0.028% | $553K | $85K | — |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Bitget TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 446.32 | +0.053% | $5K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 446.44 | +0.081% | $1K | $5.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 446.43 | +0.078% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 445.12 | −0.215% | $1.5M | $460K | 10x | as long as short |
| BloFin TSM-USDT | +0.0027% | 8h | 446.43 | +0.078% | $44K | $103K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 446.40 | +0.072% | $231K | $585K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 445.92 | −0.036% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 446.00 | −0.018% | $10.3M | $2.5M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 446.08 | 0.000% | $196K | $90K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 445.95 | −0.029% | $145 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 446.01 | −0.016% | $159K | $22K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 446.02 | −0.013% | $271K | $323K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 446.33 | +0.056% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 446.42 | +0.075% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0215% | 1h | 445.96 | −0.027% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.72 | +1.040% | $7K | $38K | 12x | as long as short |
| Lighter TSM | +0.0392% | 1h | 446.91 | +0.186% | $504K | $166K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0669% | 1h | 446.45 | +0.083% | $4 | $61K | 10x | as long as short |
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
BloFin TSM-USDT
Lighter RH TSM
Vest TSM-USD-PERP
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
Lighter TSM
Deribit TSM_USDC-PERPETUAL