Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Aster+0.010%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TSMUSDT | 444.93 | 0 | get 0.0000% / 8h | 2h 26m | $82K | $1K | 20x |
| Short | Orderly PERP_TSM_USDC_mythos | 444.97 | 0.0100 | get 0.0100% / 8h | 2h 26m | $21 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aster. 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
- Price spread: +0.010% → 0.000%
- $0.98
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $7.98
- Costs to cover
- 0.140%
- Break-even
- 4.3 days
Slippage unknown: Aster: no order-book sample; Orderly: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aster and Orderly: 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 | −0.0774% | 4h | 444.96 | +0.007% | $48K | $215K | 10x | as long as short |
| BloFin TSM-USDT | −0.0015% | 8h | 444.95 | +0.005% | $44K | $104K | 20x | as long as short |
| Aster TSMUSDTlong | 0.0000% | 8h | 444.93 | long leg | $82K | $1K | 20x | |
| Extended TSM-USD | 0.0000% | 1h | 444.91 | −0.004% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 444.96 | +0.008% | $13.1M | $6.9M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 444.58 | −0.078% | $2.0M | $418K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.87 | −0.013% | $4.0M | $3.1M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 444.71 | −0.049% | $1.7M | $920K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 444.88 | −0.010% | $1.6M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.90 | −0.005% | $551K | $85K | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 444.99 | +0.014% | $17K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.93 | +0.001% | $1K | $5.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 444.78 | −0.033% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.87 | −0.013% | $1.5M | $463K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0016% | 1h | 444.60 | −0.073% | $356K | $96K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 445.15 | +0.050% | $201K | $661K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 444.86 | −0.015% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 444.67 | −0.058% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 444.77 | −0.035% | $188K | $82K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 444.64 | −0.064% | $145 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 444.78 | −0.033% | $159K | $20K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0087% | 1h | 444.98 | +0.012% | $4 | $61K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.67 | −0.058% | $271K | $340K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythosshort | +0.0100% | 8h | 444.97 | +0.010% | $21 | — | 10x | |
| Aevo TSM-PERP | +0.0104% | 1h | 445.15 | +0.050% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0180% | 1h | 445.08 | +0.035% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 468.41 | +5.278% | $7K | $39K | 12x | as long as short |
| Lighter TSM | +0.0632% | 1h | 445.86 | +0.210% | $503K | $159K | 10x | as long as short |
Aster TSMUSDT
edgeX TSMUSDC
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Coinbase International TSM-PERP-INTX
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Deribit TSM_USDC-PERPETUAL
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Lighter TSM