Funding you earn now, next payment 16:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Bitget−0.030%7-day average −0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.030%, 7d avg −0.022%
=Together, before fees−0.067%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TSMUSDT | 442.53 | 0 | get 0.0000% / 8h | 5h 52m | $1.8M | $1.5M | 20x |
| Short | Variational Omni TSM | 442.40 | 0.0006 | get 0.0006% / 8h | 5h 52m | $554K | $44K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $1.21
- Price spread: −0.030% → −0.022%
- −$0.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.61
- Costs to cover
- 0.120%
- Break-even
- 73.9 days
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 59 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 Bitget live order book, 2 min ago | 2.60 bp | 16.1 bp −$16 | 20.7 bp −$207 | 46.6 bp −$4,662 | doesn't fit |
| Sell Variational Omni RFQ quote, 59 min ago | 2.16 bp | doesn't fit | 20.9 bp −$209 | doesn't fit | doesn't fit |
TSM on 28 exchanges
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 | −0.0955% | 4h | 442.16 | −0.084% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0056% | 1h | 442.09 | −0.099% | $373K | $108K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 442.22 | −0.071% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 442.43 | −0.023% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.56 | +0.007% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 442.28 | −0.056% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDTlong | 0.0000% | 8h | 442.53 | long leg | $1.8M | $1.5M | 20x | |
| SunX TSM-USDT | 0.0000% | 8h | 442.60 | +0.016% | $2K | $3.8M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 442.36 | −0.038% | $4 | $10K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 442.49 | −0.009% | $9K | $8K | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 442.56 | +0.007% | $1.5M | $560K | 10x | as long as short |
| Variational Omni TSMshort | +0.0006% | 8h | 442.40 | −0.030% | $554K | $44K | — | |
| Lighter TSM | +0.0032% | 1h | 442.66 | +0.029% | $498K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 442.68 | +0.034% | $199K | $686K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 443.95 | +0.321% | $6K | $38K | 12x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 442.48 | −0.011% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 442.25 | −0.063% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 442.31 | −0.050% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 442.20 | −0.075% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 442.38 | −0.034% | $156K | $31K | 10x | as long as short |
| Extended TSM-USD | +0.0088% | 1h | 442.41 | −0.027% | $1K | $217K | 10x | as long as short |
| Binance TSMUSDT | +0.0092% | 8h | 442.56 | +0.006% | $13.0M | $8.5M | 20x | as long as short |
| BloFin TSM-USDT | +0.0099% | 8h | 442.64 | +0.025% | $45K | $116K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 442.11 | −0.095% | $268K | $439K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 442.46 | −0.016% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 442.53 | −0.001% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0253% | 1h | 442.39 | −0.032% | $210K | $10K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0329% | 8h | 442.44 | −0.020% | $8K | $1.3M | 10x | as long as short |
Bitget TSMUSDT
Variational Omni TSM
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
Injective TSM/USDC PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Extended TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
KuCoin TSMUSDTM
Phoenix TSM
GRVT TSM_USDT_Perp