Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against OKX−0.002%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.002%, 7d avg −0.030%
=Together, before fees+0.071%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.028% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TSM-USDT-SWAP | 444.60 | 0 | get 0.0000% / 8h | 6h 40m | $4.0M | $2.6M | 20x |
| Short | Ondo Perps TSM-USD.P | 444.59 | 0.0050 | get 0.0006% / 1h | 40m 32s | $160K | $25K | 10x |
OKX TSM-USDT-SWAP
Ondo Perps TSM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against OKX. 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
- $10.58
- Price spread: −0.002% → −0.030%
- $2.82
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$1.6
- Costs to cover
- 0.150%
- Break-even
- 8.1 days
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.35 bp | 7.7 bp −$8 | 28.5 bp −$285 | 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 | −0.0896% | 4h | 445.28 | +0.154% | $48K | $215K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 444.85 | +0.057% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 444.76 | +0.037% | $5K | $198K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 444.87 | +0.061% | $13.1M | $6.9M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 444.60 | 0.000% | $2.0M | $401K | 50x | as long as short |
| OKX TSM-USDT-SWAPlong | 0.0000% | 8h | 444.60 | long leg | $4.0M | $2.6M | 20x | |
| Gate TSM_USDT | 0.0000% | 8h | 444.73 | +0.029% | $1.7M | $913K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.99 | +0.088% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.96 | +0.080% | $551K | $82K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 445.02 | +0.094% | $1K | $4.7M | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TSM-USDT | 0.0000% | 8h | 444.87 | +0.061% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 445.10 | +0.112% | $1.5M | $451K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0016% | 1h | 445.16 | +0.126% | $367K | $104K | 10x | as long as short |
| BloFin TSM-USDT | +0.0017% | 8h | 445.69 | +0.245% | $45K | $99K | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0019% | 8h | 445.26 | +0.149% | $17K | $1.1M | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.83 | +0.052% | $222K | $630K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 444.49 | −0.025% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 444.45 | −0.034% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 444.79 | +0.043% | $200K | $45K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 444.48 | −0.027% | $142 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 444.59 | −0.002% | $160K | $25K | 10x | |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.43 | −0.038% | $269K | $317K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.94 | +0.076% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.90 | +0.067% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 445.31 | +0.160% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.67 | +1.365% | $7K | $38K | 12x | as long as short |
| Lighter TSM | +0.0432% | 1h | 445.25 | +0.146% | $502K | $170K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0830% | 1h | 444.89 | +0.065% | $4 | $23K | 10x | as long as short |
HTX TSM-USDT
Phemex TSMUSDT
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
GRVT TSM_USDT_Perp
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM
Deribit TSM_USDC-PERPETUAL