Funding you earn now, next payment 16:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.15 per $10,000 · paid last 24h −0.005%
Price spread now: Aster against BloFin+0.060%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.060% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TSM-USDT | 438.35 | −0.0015 | get 0.0015% / 8h | 7h 20m | $45K | $109K | 20x |
| Short | Aster TSMUSDT | 438.61 | 0 | get 0.0000% / 8h | 7h 20m | $81K | $2K | 20x |
Funding 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
- $3.22
- Price spread: +0.060% → 0.000%
- $6.04
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$10.74
- Costs to cover
- 0.200%
- Break-even
- 30.4 days
Slippage unknown: BloFin: live order book, 34 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, 34 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TSM-USDTlong | −0.0015% | 8h | 438.35 | long leg | $45K | $109K | 20x | |
| Aster TSMUSDTshort | 0.0000% | 8h | 438.61 | +0.060% | $81K | $2K | 20x | |
| Extended TSM-USD | 0.0000% | 1h | 438.39 | +0.009% | $3K | $216K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 438.51 | +0.037% | $12.8M | $8.2M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 438.16 | −0.043% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 438.40 | +0.011% | $4.0M | $2.7M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 438.16 | −0.043% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 438.18 | −0.039% | $1.8M | $1.5M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 438.35 | 0.000% | $549K | $45K | — | as long as short |
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 437.96 | −0.089% | $13K | $1.3M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TSM-USDT | 0.0000% | 8h | 438.41 | +0.014% | $2K | $4.0M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 437.70 | −0.148% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 438.51 | +0.037% | $1.5M | $537K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 438.03 | −0.073% | $493K | $189K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 438.03 | −0.073% | $202K | $746K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0040% | 1h | 437.71 | −0.146% | $370K | $94K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 437.67 | −0.155% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 437.95 | −0.091% | $10.0M | $1.9M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 437.78 | −0.130% | $189K | $67K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 437.82 | −0.121% | $139 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 437.71 | −0.146% | $157K | $28K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 437.95 | −0.091% | $266K | $350K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 438.23 | −0.027% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 438.20 | −0.034% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0145% | 1h | 437.81 | −0.123% | $208K | $10K | 10x | as long as short |
| edgeX TSMUSDC | +0.0168% | 4h | 438.01 | −0.078% | $47K | $216K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 443.95 | +1.278% | $6K | $38K | 12x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0915% | 1h | 438.24 | −0.025% | $4 | $13K | 10x | as long as short |
BloFin TSM-USDT
Aster TSMUSDT
Extended TSM-USD
Binance TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter TSM
Lighter RH TSM
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
KuCoin TSMUSDTM
Phoenix TSM
edgeX TSMUSDC
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL