Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.023%
Price spread now: Ondo Perps against Bitget−0.083%7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.083%, 7d avg −0.088%
=Together, before fees+0.069%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.088%, 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 | Bitget TSMUSDT | 445.25 | 0 | get 0.0000% / 8h | 1h 45m | $1.6M | $1.5M | 20x |
| Short | Ondo Perps TSM-USD.P | 444.88 | 0.0050 | get 0.0006% / 1h | 45m 49s | $159K | $22K | 10x |
Bitget TSMUSDT
Ondo Perps TSM-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bitget. 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
- $10.58
- Price spread: −0.083% → −0.088%
- $0.54
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.88
- Costs to cover
- 0.170%
- Break-even
- 10.9 days
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 1.35 bp | 16.0 bp −$16 | 27.8 bp −$278 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TSM-USDT | 0.0000% | 8h | 445.46 | +0.047% | $44K | $104K | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 445.29 | +0.010% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 445.32 | +0.016% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 445.41 | +0.036% | $13.1M | $6.9M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 445.11 | −0.031% | $2.0M | $420K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 445.41 | +0.036% | $4.0M | $3.1M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 445.15 | −0.022% | $1.7M | $919K | 100x | as long as short |
| Bitget TSMUSDTlong | 0.0000% | 8h | 445.25 | long leg | $1.6M | $1.5M | 20x | |
| Variational Omni TSM | 0.0000% | 8h | 445.30 | +0.012% | $551K | $85K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 445.35 | +0.023% | $7K | $1.1M | 10x | as long as short |
BloFin TSM-USDT
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 | 445.30 | +0.011% | $1K | $5.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 445.04 | −0.047% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.99 | −0.058% | $1.5M | $467K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0008% | 1h | 444.60 | −0.146% | $356K | $96K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 445.37 | +0.027% | $224K | $597K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 444.99 | −0.058% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 445.00 | −0.056% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 445.18 | −0.016% | $195K | $89K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 444.98 | −0.061% | $147 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 444.88 | −0.083% | $159K | $22K | 10x | |
| KuCoin TSMUSDTM | +0.0100% | 8h | 445.02 | −0.052% | $269K | $340K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 445.32 | +0.016% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 445.36 | +0.024% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0162% | 1h | 445.39 | +0.031% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 449.91 | +1.047% | $7K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0537% | 4h | 445.31 | +0.013% | $48K | $215K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0537% | 1h | 445.27 | +0.004% | $4 | $61K | 10x | as long as short |
| Lighter TSM | +0.0648% | 1h | 446.02 | +0.173% | $503K | $160K | 10x | as long as short |
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Coinbase International TSM-PERP-INTX
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL
Lighter TSM