Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Variational Omni+0.016%7-day average +0.018% · 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)+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.259%+$26 · spread now +0.016%, 7d avg +0.018%
=Together, before fees+0.265%+ Points / potential airdropVariational Omni: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TSM | 440.93 | 0 | get 0.0000% / 8h | 3h 21m | $546K | $40K | — |
| Short | Binance TSMUSDT | 441.00 | 0.0067 | get 0.0067% / 8h | 3h 21m | $12.9M | $7.5M | 20x |
Variational Omni TSM
Binance TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $14.02
- Price spread: +0.016% → +0.018%
- −$0.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $3.8
- Costs to cover
- 0.100%
- Break-even
- 5.1 days
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; Binance: live order book, 4 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 Variational Omni RFQ quote, 33 min ago | 1.97 bp | doesn't fit | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.34 bp | 5.3 bp −$5 | 19.3 bp −$193 | doesn't fit | doesn't fit |
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 | −0.0202% | 8h | 441.01 | +0.019% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 440.94 | +0.003% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.76 | −0.038% | $2.0M | $388K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.00 | +0.016% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.83 | −0.022% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSMlong | 0.0000% | 8h | 440.93 | long leg | $546K | $40K | — | |
| SunX TSM-USDT | 0.0000% | 8h | 441.00 | +0.016% | $1K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.48 | −0.102% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.03 | +0.023% | $1.5M | $486K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.91 | −0.004% | $496K | $176K | 10x | as long as short |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 440.90 | −0.006% | $223K | $671K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.61 | −0.072% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.55 | −0.086% | $10.2M | $2.1M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.61 | −0.072% | $192K | $60K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.51 | −0.095% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.01 | −0.208% | $157K | $23K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.88 | −0.011% | $2K | $195K | 10x | as long as short |
| Binance TSMUSDTshort | +0.0067% | 8h | 441.00 | +0.016% | $12.9M | $7.5M | 20x | |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.03 | −0.204% | $367K | $102K | 10x | as long as short |
| BloFin TSM-USDT | +0.0091% | 8h | 440.78 | −0.034% | $45K | $100K | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0092% | 8h | 440.87 | −0.013% | $8K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.49 | −0.099% | $268K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.82 | −0.025% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.74 | −0.042% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.93 | 0.000% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.74 | +1.091% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0476% | 1h | 440.87 | −0.013% | $4 | $24K | 10x | as long as short |
| edgeX TSMUSDC | +0.0604% | 4h | 440.70 | −0.052% | $47K | $216K | 10x | as long as short |
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC