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

TSM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Variational Omni against GRVT−0.018%104s7-day average −0.003% · you buy dearer than you sell
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)−0.008%−$1 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now −0.018%, 7d avg −0.003%
Together, before fees−0.008%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT TSM_USDT_Perp444.990get 0.0000% / 8h2h 23m$7K$1.1M10x
ShortVariational Omni TSM444.910get 0.0000% / 8h2h 23m$551K$85K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against GRVT. 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
$0
Price spread: −0.018% → −0.003%
−$1.5
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10.5
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 4 min ago; Variational Omni: RFQ quote, just now. 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 GRVT live order book, 4 min ago1.24 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, just now2.89 bpdoesn't fit34.1 bp −$341doesn't fitdoesn't fit

TSM on 28 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
edgeX TSMUSDC−0.0018%4h444.94−0.010%$48K$214K10xas long as short
Aster TSMUSDT0.0000%8h444.90−0.020%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h444.90−0.020%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h444.96−0.007%$13.1M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h444.64−0.079%$2.0M$418K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h444.83−0.036%$4.0M$3.1M20xas long as short
Gate TSM_USDT0.0000%8h444.69−0.067%$1.7M$920K100xas long as short
Bitget TSMUSDT0.0000%8h444.88−0.025%$1.6M$1.5M20xas long as short
Variational Omni TSMshort0.0000%8h444.91−0.018%$551K$85K
GRVT TSM_USDT_Perplong0.0000%8h444.99long leg$7K$1.1M10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TSM-USDT0.0000%8h444.89−0.022%$2K$5.4M10xas long as short
Deribit TSM_USDC-PERPETUAL0.0000%1h444.93−0.013%$4$61K10xas long as short
HTX TSM-USDT0.0000%8h444.54−0.101%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.88−0.025%$1.5M$463K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h444.60−0.088%$356K$96K10xas long as short
BloFin TSM-USDT+0.0022%8h444.91−0.018%$44K$104K20xas long as short
Lighter RH TSM+0.0032%1h445.13+0.031%$201K$661K10xas long as short
Vest TSM-USD-PERP+0.0046%1h444.87−0.027%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h444.75−0.054%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h444.78−0.047%$188K$82K10xas long as short
SoDEX TSM-USD+0.0050%1h444.63−0.081%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h444.76−0.052%$158K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h444.76−0.052%$270K$339K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h444.93−0.013%$2110xas long as short
Aevo TSM-PERP+0.0104%1h445.16+0.038%$12510xas long as short
Phoenix TSM+0.0180%1h444.91−0.018%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h468.41+5.263%$7K$39K12xas long as short
Lighter TSM+0.0648%1h445.89+0.202%$503K$161K10xas long as short