Funding you earn now, next payment 03:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Vest against Ondo Perps+0.072%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · Vest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.072% dearer against Ondo Perps than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps TSM-USD.P | 443.66 | 0.0050 | pay 0.0006% / 1h | 29m 49s | $159K | $23K | 10x |
| Short | Vest TSM-USD-PERP | 443.98 | 0.0046 | get 0.0006% / 1h | 29m 49s | — | $583 | 25x |
Ondo Perps TSM-USD.P
Vest TSM-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$0.99
- Price spread: +0.072% → 0.000%
- $7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$0.78
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Vest: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
Ondo Perps and Vest: 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 | −0.0469% | 4h | 443.92 | +0.059% | $48K | $217K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 444.32 | +0.150% | $82K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 443.88 | +0.050% | $2.0M | $392K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.07 | +0.092% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 443.99 | +0.074% | $1.7M | $957K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.13 | +0.106% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.17 | +0.115% | $550K | $61K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.16 | +0.113% | $925 | $4.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 443.81 | +0.034% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.19 | +0.119% | $1.5M | $445K | 10x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 444.35 | +0.156% | $501K | $173K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.10 | +0.099% | $221K | $644K | 10x | as long as short |
| Vest TSM-USD-PERPshort | +0.0046% | 1h | 443.98 | +0.072% | — | $583 | 25x | |
| Binance TSMUSDT | +0.0046% | 8h | 444.18 | +0.117% | $13.0M | $6.8M | 20x | as long as short |
| Extended TSM-USD | +0.0048% | 1h | 444.07 | +0.091% | $1K | $191K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.73 | +0.016% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 443.92 | +0.059% | $197K | $51K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.72 | +0.014% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Plong | +0.0050% | 1h | 443.66 | long leg | $159K | $23K | 10x | |
| BloFin TSM-USDT | +0.0075% | 8h | 444.26 | +0.135% | $45K | $98K | 20x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0088% | 1h | 444.10 | +0.099% | $98 | $24K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 443.70 | +0.009% | $270K | $320K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.09 | +0.097% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.10 | +0.100% | $124 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0143% | 8h | 443.94 | +0.064% | $8K | $1.1M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0152% | 1h | 443.28 | −0.086% | $370K | $107K | 10x | as long as short |
| Phoenix TSM | +0.0217% | 1h | 443.86 | +0.045% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 448.49 | +1.089% | $7K | $38K | 12x | as long as short |
Lighter TSM
Lighter RH TSM
Binance TSMUSDT
Extended TSM-USD
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
BloFin TSM-USDT
Deribit TSM_USDC-PERPETUAL
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP