Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against Binance+0.057%7-day average −0.001% · 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)−0.006%−$1 on $10k
+Price spread, last 2 days (all we have)−0.083%−$8 · spread now +0.057%, 7d avg −0.001%
=Together, before fees−0.089%+ Points / potential airdropVariational Omni: Active · farm board−$9 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: Variational Omni is 0.058% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSMUSDT | 447.20 | 0 | get 0.0000% / 8h | 7h 02m | $13.2M | $7.0M | 20x |
| Short | Variational Omni TSM | 447.45 | 0 | get 0.0000% / 8h | 7h 02m | $554K | $82K | — |
Binance TSMUSDT
Variational Omni TSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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: +0.057% → −0.001%
- $5.76
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4.24
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Variational Omni: RFQ quote, 7 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 Binance live order book, 8 min ago | 0.11 bp | 9.7 bp −$10 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 7 min ago | 2.70 bp | doesn't fit | 30.5 bp −$305 | 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 | 447.30 | +0.023% | $359K | $100K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 447.21 | +0.002% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 447.10 | −0.021% | $5K | $204K | 10x | as long as short |
| Binance TSMUSDTlong | 0.0000% | 8h | 447.20 | long leg | $13.2M | $7.0M | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 446.94 | −0.058% | $2.0M | $413K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.16 | −0.008% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.01 | −0.042% | $1.7M | $930K | 100x | as long as short |
| Variational Omni TSMshort | 0.0000% | 8h | 447.45 | +0.057% | $554K | $82K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 447.18 | −0.004% | $2K | $4.9M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 447.29 | +0.021% | $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
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 | 447.25 | +0.012% | $1.5M | $455K | 10x | as long as short |
| Bitget TSMUSDT | +0.0004% | 8h | 447.37 | +0.039% | $1.6M | $1.4M | 20x | as long as short |
| BloFin TSM-USDT | +0.0018% | 8h | 447.29 | +0.021% | $45K | $100K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.23 | +0.007% | $229K | $657K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.01 | −0.042% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 446.85 | −0.078% | $10.3M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.04 | −0.035% | $198K | $42K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 446.90 | −0.067% | $146 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 447.27 | +0.016% | $158K | $22K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0065% | 8h | 447.55 | +0.080% | $13K | $1.1M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 446.96 | −0.053% | $271K | $314K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.11 | −0.020% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.21 | +0.003% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.42 | +0.050% | $218K | $5K | 10x | as long as short |
| edgeX TSMUSDC | +0.0217% | 4h | 447.45 | +0.056% | $48K | $216K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 452.09 | +1.094% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0265% | 1h | 447.09 | −0.024% | $98 | $32K | 10x | as long as short |
| Lighter TSM | +0.0320% | 1h | 447.89 | +0.155% | $505K | $167K | 10x | as long as short |
Phemex TSMUSDT
Bitget TSMUSDT
BloFin TSM-USDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
edgeX TSMUSDC
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
Lighter TSM