Funding you earn now, next payment 16:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.005%
Price spread now: Aster against BloFin−0.055%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.055% cheaper against BloFin than usual: you would sell low and buy high (−$6 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 | BloFin TSM-USDT | 440.24 | 0.0011 | pay 0.0011% / 8h | 7h 03m | $45K | $110K | 20x |
| Short | Aster TSMUSDT | 440.00 | 0 | get 0.0000% / 8h | 7h 03m | $82K | $2K | 20x |
BloFin TSM-USDT
Aster TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BloFin. 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
- −$2.24
- Price spread: −0.055% → 0.000%
- −$5.53
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$27.76
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 52 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 BloFin live order book, 52 min ago | 0.91 bp | 12.7 bp −$13 | 28.5 bp −$285 | 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 | 440.00 | −0.055% | $82K | $2K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 439.84 | −0.091% | $2.0M | $402K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.99 | −0.057% | $4.0M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.92 | −0.073% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 440.03 | −0.048% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.90 | −0.077% | $551K | $44K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.17 | −0.016% | $1K | $3.9M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.95 | −0.066% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 439.55 | −0.157% | $1.5M | $543K | 10x | as long as short |
| BloFin TSM-USDTlong | +0.0011% | 8h | 440.24 | long leg | $45K | $110K | 20x |
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended TSM-USD | +0.0024% | 1h | 439.98 | −0.058% | $1K | $214K | 10x | as long as short |
| Binance TSMUSDT | +0.0025% | 8h | 440.09 | −0.034% | $12.9M | $8.3M | 20x | as long as short |
| Lighter TSM | +0.0032% | 1h | 439.91 | −0.075% | $495K | $190K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 440.03 | −0.048% | $203K | $746K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0040% | 1h | 439.24 | −0.227% | $371K | $98K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.62 | −0.141% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.87 | −0.084% | $10.0M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.88 | −0.082% | $190K | $67K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.70 | −0.123% | $138 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 439.66 | −0.132% | $158K | $27K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.70 | −0.123% | $267K | $367K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.10 | −0.032% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.09 | −0.034% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 439.51 | −0.166% | $208K | $10K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +0.843% | $6K | $38K | 12x | as long as short |
| GRVT TSM_USDT_Perp | +0.0245% | 8h | 439.98 | −0.060% | $4K | $1.3M | 10x | as long as short |
| edgeX TSMUSDC | +0.0273% | 4h | 440.03 | −0.048% | $47K | $217K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0341% | 1h | 440.10 | −0.032% | $4 | $13K | 10x | as long as short |
Extended TSM-USD
Binance TSMUSDT
Lighter TSM
Lighter RH TSM
Coinbase International TSM-PERP-INTX
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
GRVT TSM_USDT_Perp
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL