Funding you earn now, next payment 21:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h +0.048%
Price spread now: Lighter against Aster+0.139%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+0.414%+$41 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.139% dearer against Aster than usual: you sell high and buy low: +$14 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 | Aster TSMUSDT | 444.57 | 0 | get 0.0000% / 8h | 3h 32m | $82K | $1K | 20x |
| Short | Lighter TSM | 445.19 | 0.0248 | get 0.0031% / 1h | 32m 21s | $502K | $159K | 10x |
Aster TSMUSDT
Lighter TSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $52.08
- Price spread: +0.139% → 0.000%
- $13.86
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $57.94
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 12 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 Lighter live order book, 12 min ago | 12.02 bp | 16.4 bp −$16 | 25.9 bp −$259 | 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 | −0.0598% | 4h | 444.74 | +0.038% | $48K | $215K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0056% | 1h | 444.10 | −0.107% | $358K | $93K | 10x | as long as short |
| BloFin TSM-USDT | −0.0005% | 8h | 444.91 | +0.076% | $45K | $104K | 20x | as long as short |
| Aster TSMUSDTlong | 0.0000% | 8h | 444.57 | long leg | $82K | $1K | 20x | |
| Extended TSM-USD | 0.0000% | 1h | 444.49 | −0.019% | $2K | $167K | 10x | as long as short |
| Binance TSMUSDT | 0.0000% | 8h | 444.55 | −0.005% | $13.1M | $6.8M | 20x | as long as short |
| Bybit TSMUSDT | 0.0000% | 8h | 444.56 | −0.003% | $2.0M | $400K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 444.77 | +0.044% | $4.0M | $3.1M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 444.56 | −0.003% | $1.7M | $914K | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 444.69 | +0.025% | $551K | $85K | — | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSM_USDT_Perp | 0.0000% | 8h | 444.76 | +0.042% | $11K | $978K | 10x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 444.81 | +0.053% | $1K | $5.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 444.52 | −0.012% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 444.94 | +0.082% | $1.5M | $460K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 444.91 | +0.076% | $206K | $651K | 10x | as long as short |
| Bitget TSMUSDT | +0.0038% | 8h | 444.56 | −0.003% | $1.6M | $1.5M | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 444.48 | −0.021% | — | — | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 444.40 | −0.039% | $10.3M | $2.6M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 444.64 | +0.015% | $188K | $82K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 444.39 | −0.041% | $143 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 444.24 | −0.075% | $158K | $19K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 444.42 | −0.035% | $272K | $332K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 444.88 | +0.069% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 444.47 | −0.024% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0180% | 1h | 444.42 | −0.035% | $216K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 450.30 | +1.288% | $7K | $39K | 12x | as long as short |
| Lighter TSMshort | +0.0248% | 1h | 445.19 | +0.139% | $502K | $159K | 10x | |
| Deribit TSM_USDC-PERPETUAL | +0.0560% | 1h | 444.85 | +0.062% | $98 | $61K | 10x | as long as short |
GRVT TSM_USDT_Perp
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter RH TSM
Bitget TSMUSDT
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP
Deribit TSM_USDC-PERPETUAL