Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: Polymarket Perps against Variational Omni−0.055%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.064%+$6 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.055%, 7d avg −0.066%
=Together, before fees+0.157%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 446.85 | 0 | get 0.0000% / 8h | 7h 59m | $553K | $84K | — |
| Short | Polymarket Perps TSM-USD | 446.61 | 0.0050 | get 0.0006% / 1h | 59m 37s | $197K | $90K | 10x |
Variational Omni TSM
Polymarket Perps TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.055% → −0.066%
- $1.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $3.65
- Costs to cover
- 0.080%
- Break-even
- 4.6 days
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; Polymarket Perps: live order book, 12 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, 14 min ago | 2.34 bp | doesn't fit | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 12 min ago | 0.11 bp | 4.1 bp −$4 | 5.3 bp −$53 | 8.0 bp −$805 | 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 | −0.151% | $357K | $97K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 446.71 | −0.032% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 446.84 | −0.004% | $4K | $169K | 10x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 446.68 | −0.039% | $2.0M | $420K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 446.97 | +0.026% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 446.66 | −0.044% | $1.7M | $912K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 446.90 | +0.010% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni TSMlong | 0.0000% | 8h | 446.85 | long leg | $553K | $84K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 446.89 | +0.008% | $2K | $5.1M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 446.75 | −0.023% | $9K | $9K | 20x | as long as short |
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-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 447.02 | +0.037% | $1.5M | $455K | 10x | as long as short |
| Binance TSMUSDT | +0.0004% | 8h | 446.67 | −0.042% | $13.2M | $6.8M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0004% | 8h | 446.83 | −0.007% | $7K | $1.1M | 10x | as long as short |
| BloFin TSM-USDT | +0.0016% | 8h | 446.92 | +0.015% | $44K | $102K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 446.91 | +0.012% | $229K | $612K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 446.71 | −0.032% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 446.63 | −0.050% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USDshort | +0.0050% | 1h | 446.61 | −0.055% | $197K | $90K | 10x | |
| SoDEX TSM-USD | +0.0050% | 1h | 446.59 | −0.059% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 446.77 | −0.019% | $159K | $22K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 446.33 | −0.117% | $271K | $312K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 446.82 | −0.008% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 446.60 | −0.057% | $125 | — | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0108% | 1h | 446.78 | −0.017% | $4 | $61K | 10x | as long as short |
| edgeX TSMUSDC | +0.0150% | 4h | 446.85 | −0.002% | $48K | $216K | 10x | as long as short |
| Phoenix TSM | +0.0215% | 1h | 446.66 | −0.044% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.72 | +0.865% | $7K | $38K | 12x | as long as short |
| Lighter TSM | +0.0264% | 1h | 447.39 | +0.120% | $505K | $166K | 10x | as long as short |
Phemex TSMUSDT
Binance TSMUSDT
GRVT TSM_USDT_Perp
BloFin TSM-USDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM