Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: GRVT against Variational Omni+0.011%7-day average +0.003% · 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)+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.011%, 7d avg +0.003%
=Together, before fees+0.010%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 446.77 | 0 | get 0.0000% / 8h | 1m 30s | $553K | $84K | — |
| Short | GRVT TSM_USDT_Perp | 446.83 | 0.0004 | get 0.0004% / 8h | 1m 30s | $7K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0.84
- Price spread: +0.011% → +0.003%
- $0.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$7.33
- Costs to cover
- 0.090%
- Break-even
- 68.1 days
Slippage unknown: Variational Omni: RFQ quote, 13 min ago; GRVT: 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, 13 min ago | 2.34 bp | doesn't fit | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 1.23 bp | 11.8 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.18 | −0.133% | $357K | $97K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 446.70 | −0.017% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 446.82 | +0.010% | $4K | $169K | 10x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 446.59 | −0.041% | $2.0M | $415K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 446.94 | +0.037% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 446.47 | −0.068% | $1.7M | $912K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 446.90 | +0.028% | $1.6M | $1.5M | 20x | as long as short |
| Variational Omni TSMlong | 0.0000% | 8h | 446.77 | long leg | $553K | $84K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 446.86 | +0.019% | $2K | $5.1M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 446.75 | −0.006% | $9K | $9K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 446.94 | +0.037% | $1.5M | $457K | 10x | as long as short |
| Binance TSMUSDT | +0.0002% | 8h | 446.91 | +0.030% | $13.2M | $6.8M | 20x | as long as short |
| GRVT TSM_USDT_Perpshort | +0.0004% | 8h | 446.83 | +0.011% | $7K | $1.1M | 10x | |
| BloFin TSM-USDT | +0.0008% | 8h | 446.95 | +0.039% | $44K | $103K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 446.96 | +0.041% | $223K | $614K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 446.72 | −0.012% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 446.57 | −0.046% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 446.57 | −0.046% | $197K | $90K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 446.55 | −0.050% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 446.77 | −0.001% | $159K | $22K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 446.39 | −0.086% | $271K | $313K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 446.82 | +0.010% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 446.84 | +0.015% | $125 | — | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0108% | 1h | 446.75 | −0.006% | $4 | $61K | 10x | as long as short |
| edgeX TSMUSDC | +0.0150% | 4h | 446.85 | +0.016% | $48K | $216K | 10x | as long as short |
| Phoenix TSM | +0.0215% | 1h | 446.66 | −0.026% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.72 | +0.883% | $7K | $38K | 12x | as long as short |
| Lighter TSM | +0.0264% | 1h | 447.39 | +0.138% | $505K | $166K | 10x | as long as short |
Variational Omni TSM
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Extended TSM-USD
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Binance TSMUSDT
BloFin TSM-USDT
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM