Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.011%
Price spread now: Ondo Perps against BloFin−0.138%95s7-day average −0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 3 days (all we have)+0.051%+$5 · spread now −0.138%, 7d avg −0.082%
=Together, before fees+0.158%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.056% cheaper against BloFin than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of −0.082%). If the spread goes back, that is −$6 on $10k: about 3.1 days of funding at the current rate (+$2 a day). The two prices were read 95 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 | BloFin TSM-USDT | 447.75 | −0.0009 | get 0.0009% / 8h | 7h 45m | $44K | $102K | 20x |
| Short | Ondo Perps TSM-USD.P | 447.13 | 0.0050 | get 0.0006% / 1h | 45m 36s | $158K | $20K | 10x |
BloFin TSM-USDT
Ondo Perps TSM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against BloFin. 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
- $12.58
- Price spread: −0.138% → −0.082%
- −$5.6
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$10.03
- Costs to cover
- 0.170%
- Break-even
- 12.6 days
Slippage unknown: BloFin: live order book, 9 min ago; Ondo Perps: no order-book sample. 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 BloFin live order book, 9 min ago | 0.11 bp | 7.2 bp −$7 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 446.95 | −0.179% | $358K | $103K | 10x | as long as short |
| BloFin TSM-USDTlong | −0.0009% | 8h | 447.75 | long leg | $44K | $102K | 20x | |
| Aster TSMUSDT | 0.0000% | 8h | 447.45 | −0.067% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 447.41 | −0.075% | $4K | $169K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 447.52 | −0.050% | $13.2M | $6.9M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.19 | −0.125% | $2.0M | $409K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.51 | −0.054% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.29 | −0.103% | $1.7M | $900K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.57 | −0.041% | $555K | $84K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 447.46 | −0.065% | $9K | $1.1M | 10x | as long as short |
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
GRVT TSM_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TSM-USDT | 0.0000% | 8h | 447.56 | −0.042% | $2K | $5.0M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 447.58 | −0.038% | $4 | $32K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 447.55 | −0.045% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.57 | −0.040% | $1.5M | $452K | 10x | as long as short |
| Bitget TSMUSDT | +0.0009% | 8h | 447.45 | −0.067% | $1.6M | $1.4M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.54 | −0.047% | $230K | $637K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.49 | −0.058% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.26 | −0.109% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.30 | −0.101% | $197K | $41K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 447.17 | −0.130% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 447.13 | −0.138% | $158K | $20K | 10x | |
| Lighter TSM | +0.0088% | 1h | 447.96 | +0.047% | $506K | $166K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 447.10 | −0.145% | $272K | $313K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.48 | −0.060% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.57 | −0.040% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.42 | −0.074% | $218K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 451.76 | +0.896% | $7K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0972% | 4h | 447.65 | −0.023% | $48K | $216K | 10x | as long as short |
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDT
Phemex TSMUSDT
Bitget TSMUSDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Lighter TSM
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC