Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Variational Omni−0.029%7-day average −0.053% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.029%, 7d avg −0.053%
=Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.024% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 440.48 | 0 | get 0.0000% / 8h | 3h 10m | $546K | $40K | — |
| Short | Gate TSM_USDT | 440.35 | 0 | get 0.0000% / 8h | 3h 10m | $1.7M | $1.1M | 100x |
Variational Omni TSM
Gate TSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.029% → −0.053%
- $2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$12.59
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Gate: live order book, 2 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, 43 min ago | 1.97 bp | doesn't fit | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.97 bp | 19.2 bp −$19 | 37.3 bp −$373 | 51.8 bp −$5,184 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0208% | 8h | 440.81 | +0.075% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.44 | −0.010% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.28 | −0.045% | $2.0M | $388K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.39 | −0.020% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDTshort | 0.0000% | 8h | 440.35 | −0.029% | $1.7M | $1.1M | 100x | |
| Variational Omni TSMlong | 0.0000% | 8h | 440.48 | long leg | $546K | $40K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 440.56 | +0.019% | $1K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.79 | +0.071% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.68 | +0.046% | $1.5M | $487K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.47 | −0.002% | $496K | $176K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 440.47 | −0.002% | $219K | $677K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.24 | −0.054% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.98 | −0.113% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.27 | −0.047% | $192K | $60K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.18 | −0.068% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.53 | +0.012% | $156K | $23K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.40 | −0.017% | $1K | $195K | 10x | as long as short |
| Binance TSMUSDT | +0.0067% | 8h | 440.44 | −0.009% | $12.9M | $7.5M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0075% | 8h | 440.68 | +0.046% | $10K | $1.3M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.03 | −0.102% | $367K | $102K | 10x | as long as short |
| BloFin TSM-USDT | +0.0089% | 8h | 440.67 | +0.043% | $45K | $101K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.25 | −0.052% | $267K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.51 | +0.007% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.51 | +0.007% | $123 | — | 10x | as long as short |
| edgeX TSMUSDC | +0.0148% | 4h | 440.75 | +0.062% | $47K | $216K | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.65 | +0.039% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.45 | +1.129% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0523% | 1h | 440.46 | −0.004% | $4 | $24K | 10x | as long as short |
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Binance TSMUSDT
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
edgeX TSMUSDC
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL