Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%
Price spread now: Aster against Aevo−0.023%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.023% cheaper against Aevo than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TSM-PERP | 447.33 | 0.0104 | pay 0.0013% / 1h | 12m 51s | $125 | — | 10x |
| Short | Aster TSMUSDT | 447.23 | 0 | get 0.0000% / 8h | 7h 12m | $82K | $1K | 20x |
Aevo TSM-PERP
Aster TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Aevo. 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
- −$21.84
- Price spread: −0.023% → 0.000%
- −$2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$48.1
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Aster: no order-book sample. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Aevo and Aster: 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 | −0.0210% | 4h | 447.61 | +0.061% | $48K | $217K | 10x | as long as short |
| BloFin TSM-USDT | −0.0024% | 8h | 447.18 | −0.034% | $44K | $101K | 20x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | −0.086% | $358K | $101K | 10x | as long as short |
| Aster TSMUSDTshort | 0.0000% | 8h | 447.23 | −0.023% | $82K | $1K | 20x | |
| Extended TSM-USD | 0.0000% | 1h | 447.34 | +0.002% | $5K | $204K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 447.45 | +0.026% | $13.2M | $6.9M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.12 | −0.048% | $2.0M | $413K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.48 | +0.033% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.32 | −0.003% | $1.7M | $927K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.71 | +0.083% | $555K | $82K | — | as long as short |
edgeX TSMUSDC
BloFin TSM-USDT
Coinbase International TSM-PERP-INTX
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TSM-USDT | 0.0000% | 8h | 447.50 | +0.037% | $1K | $4.9M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 447.67 | +0.075% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.60 | +0.060% | $1.5M | $455K | 10x | as long as short |
| Bitget TSMUSDT | +0.0028% | 8h | 447.49 | +0.035% | $1.6M | $1.4M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.42 | +0.019% | $223K | $648K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.17 | −0.037% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.07 | −0.059% | $10.3M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.19 | −0.032% | $198K | $42K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 446.99 | −0.077% | $146 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 446.97 | −0.081% | $157K | $22K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0076% | 8h | 447.54 | +0.047% | $12K | $1.1M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 447.04 | −0.066% | $272K | $313K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.33 | −0.001% | $21 | — | 10x | as long as short |
| Aevo TSM-PERPlong | +0.0104% | 1h | 447.33 | long leg | $125 | — | 10x | |
| Phoenix TSM | +0.0179% | 1h | 447.59 | +0.057% | $218K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 452.30 | +1.110% | $7K | $38K | 12x | as long as short |
| Lighter TSM | +0.0288% | 1h | 447.93 | +0.133% | $505K | $167K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0399% | 1h | 447.35 | +0.004% | $98 | $32K | 10x | as long as short |
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Bitget TSMUSDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM
Deribit TSM_USDC-PERPETUAL