Funding you earn now, next payment 08:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.057%
Price spread now: Injective against BloFin+1.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 1.051% dearer against BloFin than usual: you sell high and buy low: +$105 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TSM-USDT | 439.56 | 0.0040 | pay 0.0040% / 8h | 51m 44s | $45K | $106K | 20x |
| Short | Injective TSM/USDC PERP | 444.18 | 0.0220 | get 0.0028% / 1h | 51m 44s | $6K | $38K | 12x |
BloFin TSM-USDT
Injective TSM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $37.77
- Price spread: +1.051% → 0.000%
- $105.11
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $130.85
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 14 min ago; Injective: 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, 14 min ago | 0.23 bp | 11.2 bp −$11 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0164% | 8h | 439.78 | +0.050% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 439.44 | −0.028% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 439.23 | −0.075% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.54 | −0.005% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.32 | −0.055% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.53 | −0.007% | $558K | $38K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.54 | −0.005% | $2K | $4.1M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.43 | −0.030% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.50 | +0.214% | $1.5M | $525K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0013% | 1h | 439.06 | −0.114% | $10.1M | $1.8M | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
tradeXYZ xyz:TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 439.48 | −0.018% | $495K | $185K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.24 | −0.073% | $221K | $720K | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0040% | 8h | 439.56 | long leg | $45K | $106K | 20x | |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.27 | −0.066% | — | $2K | 25x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.42 | −0.032% | $190K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.18 | −0.086% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.26 | −0.068% | $158K | $27K | 10x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 439.41 | −0.035% | $3K | $146K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0056% | 1h | 439.33 | −0.052% | $366K | $99K | 10x | as long as short |
| Binance TSMUSDT | +0.0056% | 8h | 439.52 | −0.009% | $12.8M | $8.0M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0065% | 8h | 439.68 | +0.028% | $6K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.22 | −0.077% | $266K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.39 | −0.039% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.54 | −0.006% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0146% | 1h | 439.40 | −0.036% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERPshort | +0.0220% | 1h | 444.18 | +1.051% | $6K | $38K | 12x | |
| Deribit TSM_USDC-PERPETUAL | +0.0456% | 1h | 439.38 | −0.041% | $4 | $25K | 10x | as long as short |
| edgeX TSMUSDC | +0.0626% | 4h | 439.50 | −0.014% | $47K | $216K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Coinbase International TSM-PERP-INTX
Binance TSMUSDT
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC