Funding you earn now, next payment 05:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.048%
Price spread now: BloFin against Lighter+0.018%90s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.388%−$39 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.388%, so the current rate has only just turned in your favour. 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 | Lighter TSM | 440.88 | 0.0032 | pay 0.0004% / 1h | 41m 33s | $496K | $176K | 10x |
| Short | BloFin TSM-USDT | 440.96 | 0.0088 | get 0.0088% / 8h | 3h 41m | $45K | $99K | 20x |
Lighter TSM
BloFin TSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $11.66
- Price spread: +0.018% → 0.000%
- $1.81
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.48
- Costs to cover
- 0.120%
- Break-even
- 6.1 days
Slippage unknown: Lighter: live order book, 4 min ago; BloFin: 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 Lighter live order book, 4 min ago | 15.07 bp | 15.1 bp −$15 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 | −0.0143% | 8h | 440.85 | −0.007% | $1.8M | $1.5M | 20x | as long as short |
| Aster TSMUSDT | 0.0000% | 8h | 441.11 | +0.052% | $82K | $2K | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 440.46 | −0.095% | $2.0M | $398K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 440.72 | −0.036% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 440.47 | −0.093% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 441.11 | +0.052% | $546K | $40K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 440.92 | +0.009% | $2K | $4.3M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 441.00 | +0.027% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.99 | +0.025% | $1.5M | $477K | 10x | as long as short |
| Lighter TSMlong | +0.0032% | 1h | 440.88 | long leg | $496K | $176K | 10x |
Bitget TSMUSDT
Aster TSMUSDT
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 440.49 | −0.088% | $223K | $669K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 440.30 | −0.132% | — | $583 | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 440.42 | −0.104% | $10.2M | $2.1M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 440.59 | −0.066% | $193K | $56K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 440.40 | −0.109% | $140 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 440.66 | −0.050% | $157K | $22K | 10x | as long as short |
| Binance TSMUSDT | +0.0063% | 8h | 440.65 | −0.051% | $12.9M | $7.4M | 20x | as long as short |
| Extended TSM-USD | +0.0064% | 1h | 440.59 | −0.066% | $2K | $195K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0083% | 8h | 441.04 | +0.036% | $13K | $1.2M | 10x | as long as short |
| BloFin TSM-USDTshort | +0.0088% | 8h | 440.96 | +0.018% | $45K | $99K | 20x | |
| Coinbase International TSM-PERP-INTX | +0.0088% | 1h | 440.79 | −0.020% | $368K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 440.36 | −0.118% | $267K | $310K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 440.65 | −0.052% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 440.83 | −0.012% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0199% | 1h | 440.78 | −0.023% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 445.60 | +1.071% | $6K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0748% | 4h | 440.87 | −0.003% | $47K | $216K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0817% | 1h | 440.88 | 0.000% | $4 | $24K | 10x | as long as short |
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL