Funding you earn now, next payment 06:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.005%
Price spread now: Ondo Perps against GRVT−0.192%7-day average −0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.192%, 7d avg −0.083%
=Together, before fees+0.275%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board+$28 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: Ondo Perps is 0.108% cheaper against GRVT than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT TSM_USDT_Perp | 440.15 | 0.0052 | pay 0.0052% / 8h | 2h 33m | $8K | $1.3M | 10x |
| Short | Ondo Perps TSM-USD.P | 439.31 | 0.0050 | get 0.0006% / 1h | 33m 25s | $159K | $25K | 10x |
GRVT TSM_USDT_Perp
Ondo Perps TSM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GRVT. 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
- −$0.34
- Price spread: −0.192% → −0.083%
- −$10.82
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$25.16
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: GRVT: 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 GRVT live order book, 5 min ago | 1.70 bp | 10.1 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0191% | 8h | 439.73 | −0.096% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.78 | −0.085% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.56 | −0.135% | $2.0M | $399K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.55 | −0.137% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.48 | −0.153% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.11 | −0.011% | $545K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.92 | −0.053% | $1K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.93 | −0.051% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.39 | +0.054% | $1.5M | $501K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 439.77 | −0.087% | $495K | $137K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 439.51 | −0.146% | $219K | $681K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.25 | −0.205% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.25 | −0.205% | $10.2M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.50 | −0.149% | $192K | $63K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.51 | −0.146% | $134 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 439.31 | −0.192% | $159K | $25K | 10x | |
| GRVT TSM_USDT_Perplong | +0.0052% | 8h | 440.15 | long leg | $8K | $1.3M | 10x | |
| Extended TSM-USD | +0.0056% | 1h | 439.51 | −0.145% | $6K | $196K | 10x | as long as short |
| BloFin TSM-USDT | +0.0060% | 8h | 440.20 | +0.011% | $45K | $103K | 20x | as long as short |
| Binance TSMUSDT | +0.0060% | 8h | 439.71 | −0.101% | $12.8M | $7.7M | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 439.33 | −0.187% | $366K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.37 | −0.178% | $267K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.91 | −0.055% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.85 | −0.069% | $123 | — | 10x | as long as short |
| edgeX TSMUSDC | +0.0140% | 4h | 440.23 | +0.016% | $47K | $217K | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 440.04 | −0.026% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.58 | +1.233% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0683% | 1h | 439.84 | −0.071% | $4 | $24K | 10x | as long as short |
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Extended TSM-USD
BloFin TSM-USDT
Binance TSMUSDT
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
edgeX TSMUSDC
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL