Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Variational Omni+0.077%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.077% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread 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 | Variational Omni TSM | 439.48 | 0 | get 0.0000% / 8h | 7h 10m | $550K | $45K | — |
| Short | Aevo TSM-PERP | 439.82 | 0.0104 | get 0.0013% / 1h | 10m 51s | $123 | — | 10x |
Variational Omni TSM
Aevo TSM-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Variational Omni. 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
- $21.84
- Price spread: +0.077% → 0.000%
- $7.71
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $13.55
- Costs to cover
- 0.160%
- Break-even
- 2.7 days
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Aevo: 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 Variational Omni RFQ quote, 23 min ago | 3.64 bp | doesn't fit | 28.9 bp −$289 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDT | 0.0000% | 8h | 439.51 | +0.007% | $82K | $2K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 439.81 | +0.074% | $1K | $214K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 439.96 | +0.109% | $12.9M | $8.3M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.58 | +0.022% | $2.0M | $399K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.83 | +0.079% | $4.0M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.62 | +0.032% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 439.86 | +0.086% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSMlong | 0.0000% | 8h | 439.48 | long leg | $550K | $45K | — | |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 438.76 | −0.164% | $13K | $1.3M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.97 | +0.111% | $2K | $4.0M | 10x | as long as short |
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
GRVT TSM_USDT_Perp
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 | 439.61 | +0.029% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.03 | +0.125% | $1.5M | $544K | 10x | as long as short |
| BloFin TSM-USDT | +0.0020% | 8h | 439.96 | +0.109% | $45K | $111K | 20x | as long as short |
| Lighter TSM | +0.0032% | 1h | 439.88 | +0.091% | $495K | $190K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.67 | +0.043% | $203K | $746K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0040% | 1h | 439.26 | −0.050% | $371K | $95K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.01 | −0.107% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.41 | −0.016% | $10.0M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.57 | +0.020% | $190K | $67K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.30 | −0.041% | $138 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.66 | +0.041% | $158K | $27K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.31 | −0.039% | $266K | $359K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.82 | +0.077% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPshort | +0.0104% | 1h | 439.82 | +0.077% | $123 | — | 10x | |
| Phoenix TSM | +0.0145% | 1h | 439.24 | −0.055% | $208K | $10K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +1.017% | $6K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0473% | 4h | 439.35 | −0.030% | $47K | $217K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0592% | 1h | 439.82 | +0.077% | $4 | $13K | 10x | as long as short |
HTX TSM-USDT
Phemex TSMUSDT
BloFin TSM-USDT
Lighter TSM
Lighter RH TSM
Coinbase International TSM-PERP-INTX
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL