Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.19 per $10,000 · paid last 24h −0.009%
Price spread now: Variational Omni against BloFin0.000%56s7-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: −$1 a day on $10k at the current rate. The two prices were read 56 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 | BloFin TSM-USDT | 444.17 | 0.0019 | pay 0.0019% / 8h | 5h 28m | $45K | $98K | 20x |
| Short | Variational Omni TSM | 444.17 | 0 | get 0.0000% / 8h | 5h 28m | $550K | $61K | — |
BloFin TSM-USDT
Variational Omni TSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$3.93
- Price spread: 0.000% → 0.000%
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$15.95
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Variational Omni: RFQ quote, 36 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 36 min ago | 2.35 bp | doesn't fit | 29.8 bp −$298 | doesn't fit | doesn't fit |
BloFin: 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 | −0.0469% | 4h | 443.92 | −0.056% | $48K | $217K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 444.32 | +0.034% | $82K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 443.90 | −0.061% | $2.0M | $392K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 443.99 | −0.041% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 443.94 | −0.052% | $1.7M | $957K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.05 | −0.027% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSMshort | 0.0000% | 8h | 444.17 | 0.000% | $550K | $61K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 444.06 | −0.025% | $1K | $4.4M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 443.98 | −0.043% | $98 | $24K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 443.81 | −0.081% | $9K | $9K | 20x | as long as short |
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 444.31 | +0.032% | $1.5M | $445K | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0019% | 8h | 444.17 | long leg | $45K | $98K | 20x | |
| Lighter TSM | +0.0032% | 1h | 444.33 | +0.036% | $501K | $173K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.01 | −0.036% | $221K | $644K | 10x | as long as short |
| Binance TSMUSDT | +0.0044% | 8h | 444.08 | −0.020% | $13.0M | $6.8M | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 443.78 | −0.088% | — | $583 | 25x | as long as short |
| Extended TSM-USD | +0.0048% | 1h | 443.96 | −0.048% | $1K | $191K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.66 | −0.115% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 443.80 | −0.083% | $197K | $51K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.70 | −0.106% | $135 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 443.55 | −0.140% | $159K | $23K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 443.71 | −0.104% | $270K | $320K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.05 | −0.027% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.06 | −0.024% | $124 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0136% | 8h | 444.20 | +0.008% | $9K | $1.1M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0152% | 1h | 443.28 | −0.200% | $370K | $107K | 10x | as long as short |
| Phoenix TSM | +0.0217% | 1h | 443.98 | −0.043% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 448.49 | +0.973% | $7K | $38K | 12x | as long as short |
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
Binance TSMUSDT
Vest TSM-USD-PERP
Extended TSM-USD
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP