Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against Binance+0.053%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.053% dearer against Binance than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.250%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSMUSDT | 442.14 | 0.0059 | pay 0.0059% / 8h | 4h 49m | $13.0M | $6.9M | 20x |
| Short | Aster TSMUSDT | 442.37 | 0 | get 0.0000% / 8h | 4h 49m | $81K | $2K | 20x |
Binance TSMUSDT
Aster TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$12.49
- Price spread: +0.053% → 0.000%
- $5.34
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$25.15
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 min ago; 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 Binance live order book, 6 min ago | 0.68 bp | 10.0 bp −$10 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDTshort | 0.0000% | 8h | 442.37 | +0.053% | $81K | $2K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 441.92 | −0.049% | $2.0M | $390K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.03 | −0.024% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.93 | −0.047% | $1.7M | $966K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 442.11 | −0.006% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 442.25 | +0.026% | $548K | $61K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 442.15 | +0.003% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 442.41 | +0.062% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 442.75 | +0.139% | $1.5M | $455K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 442.19 | +0.012% | $499K | $174K | 10x | as long as short |
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
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 | 442.03 | −0.024% | $220K | $642K | 10x | as long as short |
| BloFin TSM-USDT | +0.0035% | 8h | 442.31 | +0.039% | $45K | $98K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 441.60 | −0.121% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 441.65 | −0.110% | $10.2M | $2.3M | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 441.70 | −0.099% | $133 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 441.97 | −0.038% | $158K | $23K | 10x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 441.98 | −0.035% | $3K | $192K | 10x | as long as short |
| Binance TSMUSDTlong | +0.0059% | 8h | 442.14 | long leg | $13.0M | $6.9M | 20x | |
| Polymarket Perps TSM-USD | +0.0061% | 1h | 441.90 | −0.053% | $194K | $52K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 441.84 | −0.067% | $268K | $318K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 442.01 | −0.029% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 442.03 | −0.024% | $124 | — | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0117% | 8h | 442.61 | +0.107% | $6K | $1.2M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0120% | 1h | 441.85 | −0.065% | $368K | $108K | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 442.35 | +0.048% | $215K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.69 | +1.256% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0452% | 1h | 441.99 | −0.033% | $4 | $24K | 10x | as long as short |
| edgeX TSMUSDC | +0.0464% | 4h | 442.48 | +0.078% | $48K | $216K | 10x | as long as short |
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Polymarket Perps TSM-USD
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
edgeX TSMUSDC