Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Extended against Ondo Perps+0.025%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.025%, 7d avg +0.048%
=Together, before fees−0.062%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.024% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.048%). If the spread goes back, that is −$2 on $10k: about 3.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps TSM-USD.P | 441.78 | 0.0050 | pay 0.0006% / 1h | 5m 38s | $158K | $23K | 10x |
| Short | Extended TSM-USD | 441.89 | 0.0072 | get 0.0009% / 1h | 5m 38s | $6K | $195K | 10x |
Ondo Perps TSM-USD.P
Extended TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Ondo Perps. 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
- $4.54
- Price spread: +0.025% → +0.048%
- −$2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$7.82
- Costs to cover
- 0.100%
- Break-even
- 19.1 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 51 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 51 min ago | 0.90 bp | 8.7 bp −$9 | 55.0 bp −$550 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0254% | 4h | 442.01 | +0.052% | $48K | $216K | 10x | as long as short |
| Bitget TSMUSDT | −0.0076% | 8h | 441.96 | +0.041% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 442.24 | +0.105% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 441.70 | −0.018% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.97 | +0.043% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.82 | +0.009% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.96 | +0.041% | $547K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 442.04 | +0.059% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.89 | +0.025% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 442.05 | +0.061% | $1.5M | $473K | 10x | as long as short |
edgeX TSMUSDC
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 442.07 | +0.066% | $498K | $176K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.88 | +0.023% | $223K | $646K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 441.65 | −0.029% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.67 | −0.025% | $10.2M | $2.2M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 441.76 | −0.005% | $192K | $55K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.54 | −0.054% | $139 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Plong | +0.0050% | 1h | 441.78 | long leg | $158K | $23K | 10x | |
| Extended TSM-USDshort | +0.0072% | 1h | 441.89 | +0.025% | $6K | $195K | 10x | |
| Binance TSMUSDT | +0.0075% | 8h | 442.02 | +0.055% | $13.0M | $7.3M | 20x | as long as short |
| BloFin TSM-USDT | +0.0089% | 8h | 442.19 | +0.093% | $45K | $100K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.63 | −0.034% | $267K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.98 | +0.045% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.97 | +0.044% | $124 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0113% | 8h | 442.00 | +0.051% | $10K | $1.2M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0120% | 1h | 440.79 | −0.224% | $368K | $102K | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 441.79 | +0.002% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.69 | +1.338% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0724% | 1h | 441.94 | +0.036% | $4 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL