Funding you earn now, next payment 21:00 UTC−0.0013%/8h= −1.5% APRpaid last 24h −0.023%
Price spread now: Bitget against Ondo Perps+0.090%7-day average +0.089% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.090%, 7d avg +0.089%
=Together, before fees−0.095%+ Points / potential airdropOndo Perps: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps TSM-USD.P | 444.27 | 0.0050 | pay 0.0006% / 1h | 20m 29s | $159K | $19K | 10x |
| Short | Bitget TSMUSDT | 444.67 | 0.0037 | get 0.0037% / 8h | 3h 20m | $1.6M | $1.5M | 20x |
Ondo Perps TSM-USD.P
Bitget TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Ondo Perps. 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
- −$2.81
- Price spread: +0.090% → +0.089%
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$19.69
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 6 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 6 min ago | 1.35 bp | 11.0 bp −$11 | 20.9 bp −$209 | doesn't fit | doesn't fit |
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 | −0.0750% | 4h | 444.76 | +0.111% | $48K | $214K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0056% | 1h | 444.71 | +0.099% | $358K | $93K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 444.53 | +0.059% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 444.75 | +0.109% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 444.83 | +0.127% | $13.1M | $6.8M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 444.54 | +0.061% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.68 | +0.092% | $4.0M | $3.1M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 444.51 | +0.054% | $1.7M | $915K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.77 | +0.113% | $551K | $85K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 444.77 | +0.114% | $12K | $983K | 10x | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
GRVT TSM_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TSM-USDT | 0.0000% | 8h | 444.77 | +0.113% | $1K | $5.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 444.57 | +0.068% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.86 | +0.133% | $1.5M | $459K | 10x | as long as short |
| BloFin TSM-USDT | +0.0009% | 8h | 444.76 | +0.110% | $44K | $104K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.99 | +0.162% | $206K | $651K | 10x | as long as short |
| Bitget TSMUSDTshort | +0.0037% | 8h | 444.67 | +0.090% | $1.6M | $1.5M | 20x | |
| Vest TSM-USD-PERP | +0.0046% | 1h | 444.50 | +0.052% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 444.38 | +0.025% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 444.56 | +0.065% | $188K | $82K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 444.37 | +0.023% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Plong | +0.0050% | 1h | 444.27 | long leg | $159K | $19K | 10x | |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.38 | +0.025% | $272K | $333K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.78 | +0.115% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.80 | +0.119% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0180% | 1h | 444.61 | +0.077% | $216K | $5K | 10x | as long as short |
| Lighter TSM | +0.0192% | 1h | 445.21 | +0.212% | $502K | $159K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.30 | +1.357% | $7K | $39K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0267% | 1h | 444.73 | +0.104% | $98 | $61K | 10x | as long as short |
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
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Lighter TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL