TSM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Aster against KuCoin+0.086%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.086% dearer against KuCoin than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TSMUSDTM	445.04	0.0100	pay 0.0100% / 8h	6h 48m	$270K	$316K	20x
Short	Aster TSMUSDT	445.42	0	get 0.0000% / 8h	6h 48m	$82K	$1K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$21
Price spread: +0.086% → 0.000%: $8.57
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.43
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 63 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 KuCoin live order book, 63 min ago	16.89 bp	108.6 bp −$109	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
Aster TSMUSDTshort	0.0000%	8h	445.42	+0.086%	$82K	$1K	20x
Extended TSM-USD	0.0000%	1h	445.12	+0.018%	$5K	$198K	10x	as long as short
Binance TSMUSDT	0.0000%	8h	445.32	+0.063%	$13.1M	$7.0M	20x	as long as short
Bybit TSMUSDT	0.0000%	8h	445.02	−0.004%	$2.0M	$401K	50x	as long as short
OKX TSM-USDT-SWAP	0.0000%	8h	445.09	+0.011%	$4.0M	$2.9M	20x	as long as short
Gate TSM_USDT	0.0000%	8h	445.26	+0.049%	$1.7M	$905K	100x	as long as short
Bitget TSMUSDT	0.0000%	8h	445.38	+0.076%	$1.6M	$1.4M	20x	as long as short
Variational Omni TSM	0.0000%	8h	445.57	+0.118%	$552K	$82K	—	as long as short
GRVT TSM_USDT_Perp	0.0000%	8h	445.88	+0.189%	$5K	$1.1M	10x	as long as short
SunX TSM-USDT	0.0000%	8h	445.45	+0.092%	$2K	$4.8M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX TSM-USDT	0.0000%	8h	445.66	+0.139%	$9K	$9K	20x	as long as short
Phemex TSMUSDT	0.0000%	8h	445.44	+0.090%	$1.5M	$454K	10x	as long as short
Coinbase International TSM-PERP-INTX	+0.0016%	1h	446.43	+0.312%	$358K	$94K	10x	as long as short
BloFin TSM-USDT	+0.0017%	8h	445.69	+0.146%	$45K	$99K	20x	as long as short
Lighter RH TSM	+0.0032%	1h	445.34	+0.067%	$222K	$630K	10x	as long as short
Vest TSM-USD-PERP	+0.0046%	1h	445.04	0.000%	—	$583	25x	as long as short
tradeXYZ xyz:TSM	+0.0050%	1h	444.92	−0.027%	$10.2M	$2.4M	10x	as long as short
Polymarket Perps TSM-USD	+0.0050%	1h	445.10	+0.013%	$199K	$44K	10x	as long as short
SoDEX TSM-USD	+0.0050%	1h	445.06	+0.004%	$146	$3K	10x	as long as short
Ondo Perps TSM-USD.P	+0.0050%	1h	445.10	+0.013%	$158K	$24K	10x	as long as short
KuCoin TSMUSDTMlong	+0.0100%	8h	445.04	long leg	$270K	$316K	20x
Orderly PERP_TSM_USDC_mythos	+0.0100%	8h	445.36	+0.072%	$21	—	10x	as long as short
Aevo TSM-PERP	+0.0104%	1h	445.35	+0.069%	$125	—	10x	as long as short
edgeX TSMUSDC	+0.0122%	4h	445.99	+0.214%	$48K	$216K	10x	as long as short
Phoenix TSM	+0.0179%	1h	445.34	+0.067%	$217K	$5K	10x	as long as short
Injective TSM/USDC PERP	+0.0220%	1h	450.67	+1.265%	$7K	$38K	12x	as long as short
Deribit TSM_USDC-PERPETUAL	+0.0357%	1h	445.29	+0.056%	$98	$32K	10x	as long as short
Lighter TSM	+0.0432%	1h	445.94	+0.202%	$503K	$170K	10x	as long as short