Funding you earn now, next payment 02:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Vest+0.065%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.065% dearer against Vest than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest TSM-USD-PERP | 444.31 | 0.0046 | pay 0.0006% / 1h | 35m 54s | — | $583 | 25x |
| Short | Polymarket Perps TSM-USD | 444.60 | 0.0052 | get 0.0007% / 1h | 35m 54s | $200K | $45K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Vest. 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
- $1.36
- Price spread: +0.065% → 0.000%
- $6.53
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$2.11
- Costs to cover
- 0.100%
- Break-even
- 17.9 days
Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 31 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 Vest no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 31 min ago | 1.12 bp | 5.3 bp −$5 | 6.4 bp −$64 | 9.4 bp −$940 | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDT | 0.0000% | 8h | 444.72 | +0.093% | $82K | $1K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 444.42 | +0.025% | $2.0M | $401K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.67 | +0.081% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 444.62 | +0.070% | $1.7M | $915K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.80 | +0.110% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.77 | +0.104% | $551K | $82K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.80 | +0.110% | $1K | $4.7M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 444.60 | +0.065% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.84 | +0.119% | $1.5M | $453K | 10x | as long as short |
| Binance TSMUSDT | +0.0005% | 8h | 444.86 | +0.124% | $13.1M | $6.9M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended TSM-USD | +0.0008% | 1h | 444.72 | +0.092% | $5K | $196K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0016% | 1h | 444.22 | −0.020% | $366K | $102K | 10x | as long as short |
| BloFin TSM-USDT | +0.0017% | 8h | 445.69 | +0.311% | $45K | $99K | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.61 | +0.068% | $222K | $630K | 10x | as long as short |
| Vest TSM-USD-PERPlong | +0.0046% | 1h | 444.31 | long leg | — | $583 | 25x | |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 444.38 | +0.016% | $10.2M | $2.3M | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 444.22 | −0.020% | $142 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 444.42 | +0.025% | $160K | $25K | 10x | as long as short |
| Polymarket Perps TSM-USDshort | +0.0052% | 1h | 444.60 | +0.065% | $200K | $45K | 10x | |
| GRVT TSM_USDT_Perp | +0.0066% | 8h | 444.89 | +0.131% | $17K | $1.1M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.42 | +0.025% | $269K | $316K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.72 | +0.092% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.70 | +0.089% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 444.44 | +0.029% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.67 | +1.431% | $7K | $38K | 12x | as long as short |
| Lighter TSM | +0.0424% | 1h | 445.11 | +0.180% | $502K | $170K | 10x | as long as short |
| edgeX TSMUSDC | +0.0704% | 4h | 444.76 | +0.101% | $48K | $216K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.1079% | 1h | 444.67 | +0.081% | $4 | $23K | 10x | as long as short |
Polymarket Perps TSM-USD
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Binance TSMUSDT
Extended TSM-USD
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Lighter RH TSM
tradeXYZ xyz:TSM
SoDEX TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL