Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.75 per $10,000 · paid last 24h −0.010%
Price spread now: Aster against GRVT−0.050%90s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.050% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT TSM_USDT_Perp | 440.68 | 0.0075 | pay 0.0075% / 8h | 3h 10m | $10K | $1.3M | 10x |
| Short | Aster TSMUSDT | 440.46 | 0 | get 0.0000% / 8h | 3h 10m | $82K | $2K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GRVT. 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
- −$15.75
- Price spread: −0.050% → 0.000%
- −$4.96
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$37.71
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 3 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 GRVT live order book, 3 min ago | 0.11 bp | 13.3 bp −$13 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0210% | 8h | 440.81 | +0.029% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDTshort | 0.0000% | 8h | 440.46 | −0.050% | $82K | $2K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 440.31 | −0.084% | $2.0M | $388K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.31 | −0.084% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.28 | −0.091% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.48 | −0.046% | $546K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.39 | −0.066% | $2K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 440.79 | +0.025% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.70 | +0.004% | $1.5M | $488K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 440.46 | −0.050% | $496K | $176K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 440.34 | −0.078% | $219K | $677K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.00 | −0.155% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.01 | −0.152% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.11 | −0.130% | $192K | $60K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.06 | −0.141% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.53 | −0.034% | $156K | $23K | 10x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.28 | −0.091% | $1K | $195K | 10x | as long as short |
| Binance TSMUSDT | +0.0066% | 8h | 440.41 | −0.062% | $12.9M | $7.5M | 20x | as long as short |
| GRVT TSM_USDT_Perplong | +0.0075% | 8h | 440.68 | long leg | $10K | $1.3M | 10x | |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.03 | −0.148% | $367K | $102K | 10x | as long as short |
| BloFin TSM-USDT | +0.0089% | 8h | 440.67 | −0.003% | $45K | $101K | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.18 | −0.114% | $268K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.34 | −0.078% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.34 | −0.077% | $123 | — | 10x | as long as short |
| edgeX TSMUSDC | +0.0148% | 4h | 440.75 | +0.016% | $47K | $216K | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.65 | −0.007% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.45 | +1.082% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0273% | 1h | 440.30 | −0.087% | $4 | $24K | 10x | as long as short |
GRVT TSM_USDT_Perp
Aster TSMUSDT
Bitget TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Extended TSM-USD
Binance TSMUSDT
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
KuCoin TSMUSDTM
edgeX TSMUSDC
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL