Funding you earn now, next payment 08:00 UTC+0.0851%/8h= +93.2% APRpaid last 24h +0.030%
Price spread now: edgeX against Aster−0.052%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−0.071%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.052% cheaper against Aster than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$26 a day). Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TSMUSDT | 439.55 | 0 | get 0.0000% / 8h | 1h 29m | $82K | $2K | 20x |
| Short | edgeX TSMUSDC | 439.32 | 0.0851 | get 0.0425% / 4h | 1h 29m | $47K | $217K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $178.69
- Price spread: −0.052% → 0.000%
- −$5.2
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $156.49
- Costs to cover
- 0.170%
- Break-even
- 0.9 days
Slippage unknown: Aster: no order-book sample; edgeX: live order book, 13 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 edgeX live order book, 13 min ago | 5.69 bp | 10.4 bp −$10 | 13.1 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSMUSDT | −0.0230% | 8h | 439.50 | −0.011% | $1.7M | $1.5M | 20x | as long as short |
| Aster TSMUSDTlong | 0.0000% | 8h | 439.55 | long leg | $82K | $2K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 439.27 | −0.063% | $2.0M | $398K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.45 | −0.022% | $4.0M | $2.6M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.29 | −0.059% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.41 | −0.031% | $557K | $37K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.52 | −0.006% | $2K | $4.1M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.32 | −0.052% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.64 | +0.248% | $1.5M | $517K | 10x | as long as short |
| Lighter TSM | +0.0032% | 1h | 439.55 | 0.000% | $495K | $137K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSM | +0.0032% | 1h | 439.34 | −0.047% | $224K | $684K | 10x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.03 | −0.118% | — | $1K | 25x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0048% | 1h | 439.33 | −0.050% | $366K | $102K | 10x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.21 | −0.077% | $10.2M | $1.7M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.18 | −0.084% | $189K | $68K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 439.03 | −0.118% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 438.68 | −0.197% | $157K | $27K | 10x | as long as short |
| BloFin TSM-USDT | +0.0066% | 8h | 439.53 | −0.004% | $45K | $106K | 20x | as long as short |
| Binance TSMUSDT | +0.0078% | 8h | 439.53 | −0.004% | $12.9M | $7.9M | 20x | as long as short |
| Extended TSM-USD | +0.0080% | 1h | 439.42 | −0.028% | $3K | $162K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0088% | 8h | 439.40 | −0.034% | $14K | $1.3M | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.18 | −0.084% | $267K | $311K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.45 | −0.022% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.52 | −0.006% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0164% | 1h | 439.25 | −0.068% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.27 | +1.074% | $6K | $38K | 12x | as long as short |
| edgeX TSMUSDCshort | +0.0851% | 4h | 439.32 | −0.052% | $47K | $217K | 10x | |
| Deribit TSM_USDC-PERPETUAL | +0.0866% | 1h | 439.39 | −0.036% | $4 | $25K | 10x | 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
Coinbase International TSM-PERP-INTX
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
BloFin TSM-USDT
Binance TSMUSDT
Extended TSM-USD
GRVT TSM_USDT_Perp
KuCoin TSMUSDTM
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL