Funding you earn now, next payment 01:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.011%
Price spread now: Ondo Perps against BloFin−0.096%7-day average −0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.096%, 7d avg −0.082%
=Together, before fees+0.115%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.082%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TSM-USDT | 447.87 | 0.0020 | pay 0.0020% / 8h | 7h 23m | $44K | $102K | 20x |
| Short | Ondo Perps TSM-USD.P | 447.44 | 0.0050 | get 0.0006% / 1h | 23m 56s | $158K | $20K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $6.49
- Price spread: −0.096% → −0.082%
- −$1.36
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$11.87
- Costs to cover
- 0.170%
- Break-even
- 19.8 days
Slippage unknown: BloFin: live order book, 31 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 BloFin live order book, 31 min ago | 0.11 bp | 7.2 bp −$7 | 7.3 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0968% | 4h | 448.01 | +0.032% | $48K | $215K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | −0.205% | $358K | $101K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 447.70 | −0.039% | $82K | $1K | 20x | as long as short |
| Extended TSM-USD | 0.0000% | 1h | 447.55 | −0.071% | $5K | $207K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 447.65 | −0.049% | $13.2M | $6.9M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.57 | −0.067% | $2.0M | $411K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.60 | −0.060% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.50 | −0.083% | $1.7M | $924K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.92 | +0.011% | $555K | $84K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 447.68 | −0.042% | $1K | $4.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX TSM-USDT | 0.0000% | 8h | 447.95 | +0.018% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.80 | −0.016% | $1.5M | $454K | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0020% | 8h | 447.87 | long leg | $44K | $102K | 20x | |
| Bitget TSMUSDT | +0.0030% | 8h | 447.64 | −0.051% | $1.6M | $1.4M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.70 | −0.038% | $225K | $648K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.65 | −0.049% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.48 | −0.087% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.57 | −0.067% | $197K | $41K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 447.40 | −0.105% | $146 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Pshort | +0.0050% | 1h | 447.44 | −0.096% | $158K | $20K | 10x | |
| GRVT TSM_USDT_Perp | +0.0055% | 8h | 448.00 | +0.030% | $13K | $1.1M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 447.46 | −0.092% | $272K | $312K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.67 | −0.045% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.77 | −0.023% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.90 | +0.007% | $218K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 452.64 | +1.065% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0242% | 1h | 447.62 | −0.056% | $98 | $32K | 10x | as long as short |
| Lighter TSM | +0.0280% | 1h | 448.36 | +0.109% | $506K | $167K | 10x | as long as short |
BloFin TSM-USDT
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Bitget TSMUSDT
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
Lighter TSM