Settings8H · net · $10k
Funding arb · Price arb /

TSM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Bitget against Variational Omni−0.017%7-day average +0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.013%+$1 on $10k
Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.017%, 7d avg +0.024%
Together, before fees+0.115%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.041% cheaper against Variational Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TSM445.100get 0.0000% / 8h2h 04m$551K$85K
ShortBitget TSMUSDT445.030get 0.0000% / 8h2h 04m$1.6M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.017% → +0.024%
−$4.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$16.1
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Bitget: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 19 min ago2.89 bpdoesn't fit37.1 bp −$371doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.03 bp12.6 bp −$1323.7 bp −$23756.9 bp −$5,693doesn't fit

TSM on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TSM-USDT−0.0029%8h445.07−0.008%$44K$105K20xas long as short
Aster TSMUSDT0.0000%8h445.04−0.014%$82K$1K20xas long as short
Extended TSM-USD0.0000%1h445.06−0.010%$2K$167K10xas long as short
Binance TSMUSDT0.0000%8h445.110.000%$13.1M$6.9M20xas long as short
Bybit TSMUSDT0.0000%8h444.85−0.057%$2.0M$419K50xas long as short
OKX TSM-USDT-SWAP0.0000%8h445.02−0.019%$4.0M$3.1M20xas long as short
Gate TSM_USDT0.0000%8h444.86−0.055%$1.7M$923K100xas long as short
Bitget TSMUSDTshort0.0000%8h445.03−0.017%$1.6M$1.5M20x
Variational Omni TSMlong0.0000%8h445.10long leg$551K$85K
GRVT TSM_USDT_Perp0.0000%8h445.14+0.007%$7K$1.1M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX TSM-USDT0.0000%8h445.11+0.001%$1K$5.4M10xas long as short
HTX TSM-USDT0.0000%8h444.81−0.066%$9K$9K20xas long as short
Phemex TSMUSDT0.0000%8h444.97−0.030%$1.5M$465K10xas long as short
Coinbase International TSM-PERP-INTX+0.0016%1h444.60−0.113%$356K$96K10xas long as short
edgeX TSMUSDC+0.0026%4h445.17+0.016%$48K$214K10xas long as short
Lighter RH TSM+0.0032%1h445.18+0.017%$224K$685K10xas long as short
Vest TSM-USD-PERP+0.0046%1h444.90−0.046%25xas long as short
tradeXYZ xyz:TSM+0.0050%1h444.70−0.091%$10.3M$2.6M10xas long as short
Polymarket Perps TSM-USD+0.0050%1h444.96−0.033%$188K$82K10xas long as short
SoDEX TSM-USD+0.0050%1h444.74−0.082%$145$3K10xas long as short
Ondo Perps TSM-USD.P+0.0050%1h445.02−0.019%$158K$22K10xas long as short
KuCoin TSMUSDTM+0.0100%8h444.65−0.102%$269K$341K20xas long as short
Orderly PERP_TSM_USDC_mythos+0.0100%8h445.16+0.012%$2110xas long as short
Aevo TSM-PERP+0.0104%1h445.29+0.041%$12510xas long as short
Phoenix TSM+0.0180%1h444.99−0.026%$216K$5K10xas long as short
Injective TSM/USDC PERP+0.0220%1h468.41+5.236%$7K$39K12xas long as short
Deribit TSM_USDC-PERPETUAL+0.0312%1h445.15+0.010%$4$61K10xas long as short
Lighter TSM+0.0672%1h445.89+0.176%$503K$161K10xas long as short