Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Ondo Perps+0.014%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.014%, 7d avg −0.003%
=Together, before fees−0.116%+ Points / potential airdropOndo Perps: Active · farm board−$12 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps TSM-USD.P | 440.83 | 0.0050 | pay 0.0006% / 1h | 44m 26s | $157K | $23K | 10x |
| Short | Polymarket Perps TSM-USD | 440.89 | 0.0050 | get 0.0006% / 1h | 44m 26s | $192K | $63K | 10x |
Ondo Perps TSM-USD.P
Polymarket Perps TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Ondo Perps. 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
- −$0.08
- Price spread: +0.014% → −0.003%
- $1.69
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$11.4
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 2 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 2 min ago | 3.40 bp | 7.4 bp −$7 | 8.1 bp −$81 | 10.1 bp −$1,014 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0167% | 8h | 441.03 | +0.045% | $1.7M | $1.5M | 20x | as long as short |
| edgeX TSMUSDC | −0.0080% | 4h | 441.06 | +0.053% | $48K | $217K | 10x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.02 | +0.042% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.82 | −0.002% | $2.0M | $396K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.00 | +0.039% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.92 | +0.020% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.07 | +0.054% | $546K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.18 | +0.079% | $2K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.78 | +0.216% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.27 | +0.100% | $1.5M | $495K | 10x | as long as short |
Bitget TSMUSDT
edgeX TSMUSDC
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 441.03 | +0.045% | $497K | $137K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.05 | +0.050% | $220K | $679K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.78 | −0.011% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.76 | −0.016% | $10.2M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USDshort | +0.0050% | 1h | 440.89 | +0.014% | $192K | $63K | 10x | |
| SoDEX TSM-USD | +0.0050% | 1h | 440.72 | −0.025% | $134 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.Plong | +0.0050% | 1h | 440.83 | long leg | $157K | $23K | 10x | |
| GRVT TSM_USDT_Perp | +0.0054% | 8h | 440.98 | +0.034% | $8K | $1.3M | 10x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 441.05 | +0.051% | $6K | $196K | 10x | as long as short |
| Binance TSMUSDT | +0.0056% | 8h | 441.14 | +0.070% | $12.9M | $7.6M | 20x | as long as short |
| BloFin TSM-USDT | +0.0065% | 8h | 441.24 | +0.093% | $45K | $102K | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 440.03 | −0.181% | $367K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.64 | −0.043% | $268K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 441.09 | +0.059% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 441.15 | +0.072% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 441.03 | +0.045% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.50 | +1.059% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0385% | 1h | 441.02 | +0.043% | $97 | $24K | 10x | as long as short |
Lighter TSM
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
SoDEX TSM-USD
GRVT TSM_USDT_Perp
Extended TSM-USD
Binance TSMUSDT
BloFin TSM-USDT
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL