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: KuCoin against Aster−0.047%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+0.210%+$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. KuCoin is 0.047% cheaper against Aster than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TSMUSDT | 447.65 | 0 | get 0.0000% / 8h | 7h 22m | $82K | $1K | 20x |
| Short | KuCoin TSMUSDTM | 447.44 | 0.0100 | get 0.0100% / 8h | 7h 22m | $272K | $312K | 20x |
Aster TSMUSDT
KuCoin TSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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: −0.047% → 0.000%
- −$4.71
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$3.71
- Costs to cover
- 0.200%
- Break-even
- 8.2 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 28 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 28 min ago | 16.89 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0677% | 4h | 447.84 | +0.043% | $48K | $215K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | −0.157% | $358K | $101K | 10x | as long as short |
| BloFin TSM-USDT | −0.0011% | 8h | 447.66 | +0.002% | $44K | $101K | 20x | as long as short |
| Aster TSMUSDTlong | 0.0000% | 8h | 447.65 | long leg | $82K | $1K | 20x | |
| Extended TSM-USD | 0.0000% | 1h | 447.70 | +0.011% | $5K | $207K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 447.79 | +0.031% | $13.2M | $6.9M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.49 | −0.036% | $2.0M | $412K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.73 | +0.018% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.50 | −0.034% | $1.7M | $925K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.92 | +0.060% | $555K | $84K | — | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TSM-USDT | 0.0000% | 8h | 447.78 | +0.029% | $1K | $4.9M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 447.95 | +0.067% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.77 | +0.027% | $1.5M | $455K | 10x | as long as short |
| Bitget TSMUSDT | +0.0031% | 8h | 447.64 | −0.002% | $1.6M | $1.4M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.80 | +0.033% | $224K | $648K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.63 | −0.005% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.41 | −0.054% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 447.56 | −0.020% | $197K | $41K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 447.43 | −0.049% | $146 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 447.28 | −0.083% | $158K | $21K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0074% | 8h | 448.04 | +0.087% | $13K | $1.1M | 10x | as long as short |
| KuCoin TSMUSDTMshort | +0.0100% | 8h | 447.44 | −0.047% | $272K | $312K | 20x | |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.67 | +0.004% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.73 | +0.017% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.90 | +0.056% | $218K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 452.64 | +1.114% | $7K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0242% | 1h | 447.62 | −0.007% | $98 | $32K | 10x | as long as short |
| Lighter TSM | +0.0280% | 1h | 448.38 | +0.163% | $506K | $167K | 10x | as long as short |
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Bitget TSMUSDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
GRVT TSM_USDT_Perp
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL
Lighter TSM