Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Variational Omni+0.034%56s7-day average +0.014% · 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)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.034%, 7d avg +0.014%
=Together, before fees+0.023%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 440.07 | 0 | get 0.0000% / 8h | 2h 14m | $552K | $30K | — |
| Short | BloFin TSM-USDT | 440.22 | 0.0034 | get 0.0034% / 8h | 2h 14m | $45K | $103K | 20x |
Variational Omni TSM
BloFin TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.09
- Price spread: +0.034% → +0.014%
- $1.91
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$3
- Costs to cover
- 0.120%
- Break-even
- 10.0 days
Slippage unknown: Variational Omni: RFQ quote, 35 min ago; BloFin: live order book, 64 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 Variational Omni RFQ quote, 35 min ago | 2.15 bp | doesn't fit | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 0.45 bp | 10.0 bp −$10 | 15.5 bp −$155 | doesn't fit | doesn't fit |
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 | −0.0419% | 4h | 440.28 | +0.047% | $47K | $217K | 10x | as long as short |
| Bitget TSMUSDT | −0.0244% | 8h | 440.24 | +0.038% | $1.7M | $1.6M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.28 | +0.048% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.16 | +0.020% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.29 | +0.049% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.19 | +0.027% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSMlong | 0.0000% | 8h | 440.07 | long leg | $552K | $30K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 440.41 | +0.077% | $2K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.26 | +0.043% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.20 | +0.256% | $1.5M | $510K | 10x | as long as short |
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
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 | 440.36 | +0.065% | $496K | $138K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 440.37 | +0.068% | $220K | $681K | 10x | as long as short |
| BloFin TSM-USDTshort | +0.0034% | 8h | 440.22 | +0.034% | $45K | $103K | 20x | |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.00 | −0.016% | — | $1K | 25x | as long as short |
| Extended TSM-USD | +0.0048% | 1h | 440.28 | +0.048% | $5K | $183K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.99 | −0.019% | $10.2M | $1.8M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.02 | −0.012% | $192K | $63K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.87 | −0.046% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.97 | −0.023% | $158K | $27K | 10x | as long as short |
| Binance TSMUSDT | +0.0051% | 8h | 440.41 | +0.077% | $12.8M | $7.8M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0053% | 8h | 440.15 | +0.018% | $13K | $1.3M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 439.33 | −0.169% | $366K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.92 | −0.035% | $266K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.32 | +0.056% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.33 | +0.058% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 440.14 | +0.015% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.65 | +1.040% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0250% | 1h | 440.26 | +0.043% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
Extended TSM-USD
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL