Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%
Price spread now: Aevo against Variational Omni−0.006%48s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 48 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 | Variational Omni TSM | 447.32 | 0 | get 0.0000% / 8h | 7h 50m | $554K | $84K | — |
| Short | Aevo TSM-PERP | 447.29 | 0.0104 | get 0.0013% / 1h | 50m 35s | $125 | — | 10x |
Variational Omni TSM
Aevo TSM-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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
- $21.84
- Price spread: −0.006% → 0.000%
- −$0.62
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $5.22
- Costs to cover
- 0.160%
- Break-even
- 5.3 days
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Aevo: 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 Variational Omni RFQ quote, 23 min ago | 2.34 bp | doesn't fit | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.0169% | 4h | 447.25 | −0.017% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | −0.083% | $358K | $103K | 10x | as long as short |
| BloFin TSM-USDT | −0.0019% | 8h | 447.43 | +0.024% | $44K | $102K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 447.30 | −0.004% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 447.31 | −0.003% | $4K | $169K | 10x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.16 | −0.036% | $2.0M | $411K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.44 | +0.027% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.02 | −0.067% | $1.7M | $890K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 447.25 | −0.016% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni TSMlong | 0.0000% | 8h | 447.32 | long leg | $554K | $84K | — |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Aster TSMUSDT
Extended TSM-USD
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 447.28 | −0.009% | $9K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 447.37 | +0.011% | $1K | $5.0M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 447.30 | −0.005% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.45 | +0.029% | $1.5M | $452K | 10x | as long as short |
| Binance TSMUSDT | +0.0003% | 8h | 447.42 | +0.022% | $13.2M | $6.9M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.45 | +0.029% | $233K | $619K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.32 | 0.000% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.16 | −0.036% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.15 | −0.038% | $197K | $41K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 446.98 | −0.076% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 447.09 | −0.052% | $159K | $19K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0063% | 1h | 447.23 | −0.020% | $4 | $32K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 447.18 | −0.031% | $271K | $312K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.33 | +0.002% | $21 | — | 10x | as long as short |
| Lighter TSM | +0.0104% | 1h | 447.82 | +0.112% | $505K | $166K | 10x | as long as short |
| Aevo TSM-PERPshort | +0.0104% | 1h | 447.29 | −0.006% | $125 | — | 10x | |
| Phoenix TSM | +0.0179% | 1h | 447.20 | −0.027% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 451.76 | +0.992% | $7K | $38K | 12x | as long as short |
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Binance TSMUSDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Deribit TSM_USDC-PERPETUAL
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Lighter TSM
Phoenix TSM
Injective TSM/USDC PERP