Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Aster against Polymarket Perps+0.034%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−0.123%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.034% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSM-USD | 447.15 | 0.0050 | pay 0.0006% / 1h | 50m 29s | $197K | $41K | 10x |
| Short | Aster TSMUSDT | 447.30 | 0 | get 0.0000% / 8h | 7h 50m | $82K | $1K | 20x |
Polymarket Perps TSM-USD
Aster TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Polymarket Perps. 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
- −$10.5
- Price spread: +0.034% → 0.000%
- $3.44
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$23.06
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 21 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 Polymarket Perps live order book, 21 min ago | 0.11 bp | 8.6 bp −$9 | 8.6 bp −$86 | 10.8 bp −$1,081 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSMUSDC | −0.0169% | 4h | 447.25 | +0.021% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0024% | 1h | 446.95 | −0.045% | $358K | $103K | 10x | as long as short |
| BloFin TSM-USDT | −0.0019% | 8h | 447.43 | +0.063% | $44K | $102K | 20x | as long as short |
| Aster TSMUSDTshort | 0.0000% | 8h | 447.30 | +0.034% | $82K | $1K | 20x | |
| Extended TSM-USD | 0.0000% | 1h | 447.31 | +0.035% | $4K | $169K | 10x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 447.16 | +0.002% | $2.0M | $411K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 447.44 | +0.065% | $4.0M | $3.0M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 447.02 | −0.029% | $1.7M | $890K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 447.25 | +0.022% | $1.6M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 447.32 | +0.038% | $554K | $84K | — | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
BloFin TSM-USDT
Extended TSM-USD
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 447.28 | +0.029% | $9K | $1.1M | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 447.37 | +0.049% | $1K | $5.0M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 447.30 | +0.034% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 447.45 | +0.067% | $1.5M | $452K | 10x | as long as short |
| Binance TSMUSDT | +0.0003% | 8h | 447.42 | +0.060% | $13.2M | $6.9M | 20x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 447.45 | +0.067% | $233K | $619K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 447.32 | +0.038% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 447.16 | +0.002% | $10.3M | $2.4M | 10x | as long as short |
| Polymarket Perps TSM-USDlong | +0.0050% | 1h | 447.15 | long leg | $197K | $41K | 10x | |
| SoDEX TSM-USD | +0.0050% | 1h | 446.98 | −0.038% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 447.09 | −0.013% | $159K | $19K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0063% | 1h | 447.23 | +0.018% | $4 | $32K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 447.18 | +0.007% | $271K | $312K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 447.33 | +0.040% | $21 | — | 10x | as long as short |
| Lighter TSM | +0.0104% | 1h | 447.82 | +0.150% | $505K | $166K | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 447.29 | +0.032% | $125 | — | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 447.20 | +0.011% | $217K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 451.76 | +1.031% | $7K | $38K | 12x | as long as short |
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Binance TSMUSDT
Lighter RH TSM
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Deribit TSM_USDC-PERPETUAL
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Lighter TSM
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP