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 Orderly+0.004%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 | Orderly PERP_TSM_USDC_mythos | 441.22 | 0.0100 | pay 0.0100% / 8h | 2h 56m | $21 | — | 10x |
| Short | Aster TSMUSDT | 441.24 | 0 | get 0.0000% / 8h | 2h 56m | $82K | $2K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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: +0.004% → 0.000%
- $0.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$34.56
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Orderly and 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0438% | 4h | 440.92 | −0.068% | $48K | $217K | 10x | as long as short |
| Bitget TSMUSDT | −0.0203% | 8h | 440.92 | −0.068% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDTshort | 0.0000% | 8h | 441.24 | +0.004% | $82K | $2K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 440.98 | −0.054% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 441.10 | −0.027% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 441.01 | −0.048% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 440.89 | −0.074% | $546K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 441.25 | +0.007% | $2K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.11 | −0.025% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 441.37 | +0.034% | $1.5M | $495K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSM | +0.0032% | 1h | 441.03 | −0.043% | $497K | $137K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 441.21 | −0.002% | $220K | $676K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.83 | −0.088% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.90 | −0.073% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.91 | −0.070% | $192K | $61K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.67 | −0.125% | $139 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.96 | −0.059% | $157K | $23K | 10x | as long as short |
| BloFin TSM-USDT | +0.0060% | 8h | 441.07 | −0.034% | $45K | $102K | 20x | as long as short |
| Binance TSMUSDT | +0.0063% | 8h | 441.23 | +0.002% | $12.9M | $7.6M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 441.13 | −0.021% | $6K | $196K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0068% | 8h | 440.89 | −0.074% | $10K | $1.3M | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 440.03 | −0.270% | $367K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.88 | −0.077% | $268K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythoslong | +0.0100% | 8h | 441.22 | long leg | $21 | — | 10x | |
| Aevo TSM-PERP | +0.0104% | 1h | 441.17 | −0.010% | $124 | — | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0113% | 1h | 441.14 | −0.018% | $4 | $24K | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.79 | −0.097% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.33 | +0.932% | $6K | $38K | 12x | as long as short |
Aster TSMUSDT
edgeX TSMUSDC
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
BloFin TSM-USDT
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Deribit TSM_USDC-PERPETUAL
Phoenix TSM
Injective TSM/USDC PERP