Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: SoDEX against Aster−0.099%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. SoDEX is 0.099% cheaper against Aster than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 6.6 days of funding at the current rate (+$2 a day). The two prices were read 45 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 | Aster TSMUSDT | 439.66 | 0 | get 0.0000% / 8h | 2h 26m | $82K | $2K | 20x |
| Short | SoDEX TSM-USD | 439.23 | 0.0050 | get 0.0006% / 1h | 26m 30s | $134 | $3K | 10x |
Aster TSMUSDT
SoDEX TSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $10.5
- Price spread: −0.099% → 0.000%
- −$9.87
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$15.37
- Costs to cover
- 0.160%
- Break-even
- 17.2 days
Slippage unknown: Aster: no order-book sample; SoDEX: 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 Aster no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Aster and SoDEX: 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 | −0.0300% | 4h | 439.84 | +0.040% | $47K | $215K | 10x | as long as short |
| Bitget TSMUSDT | −0.0236% | 8h | 439.53 | −0.030% | $1.7M | $1.6M | 20x | as long as short |
| Aster TSMUSDTlong | 0.0000% | 8h | 439.66 | long leg | $82K | $2K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 439.33 | −0.076% | $2.0M | $399K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 439.37 | −0.067% | $4.0M | $2.5M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 439.40 | −0.060% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 439.59 | −0.017% | $547K | $42K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 439.43 | −0.053% | $1K | $4.2M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 439.69 | +0.006% | $9K | $8K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 440.67 | +0.229% | $1.5M | $505K | 10x | as long as short |
edgeX TSMUSDC
Bitget 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 TSM | +0.0032% | 1h | 439.78 | +0.026% | $495K | $138K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 439.54 | −0.028% | $219K | $681K | 10x | as long as short |
| BloFin TSM-USDT | +0.0043% | 8h | 439.42 | −0.055% | $45K | $103K | 20x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 439.23 | −0.099% | — | $1K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 439.23 | −0.099% | $10.2M | $1.8M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 439.35 | −0.071% | $192K | $63K | 10x | as long as short |
| SoDEX TSM-USDshort | +0.0050% | 1h | 439.23 | −0.099% | $134 | $3K | 10x | |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 438.98 | −0.156% | $158K | $26K | 10x | as long as short |
| Extended TSM-USD | +0.0056% | 1h | 439.41 | −0.057% | $6K | $181K | 10x | as long as short |
| Binance TSMUSDT | +0.0057% | 8h | 439.55 | −0.026% | $12.8M | $7.7M | 20x | as long as short |
| GRVT TSM_USDT_Perp | +0.0058% | 8h | 439.81 | +0.033% | $8K | $1.3M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0069% | 1h | 439.33 | −0.076% | $4 | $24K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0072% | 1h | 439.33 | −0.076% | $366K | $102K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 439.40 | −0.060% | $267K | $309K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 439.38 | −0.065% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 439.44 | −0.051% | $123 | — | 10x | as long as short |
| Phoenix TSM | +0.0163% | 1h | 439.73 | +0.015% | $214K | $5K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 444.65 | +1.134% | $6K | $38K | 12x | as long as short |
Lighter TSM
Lighter RH TSM
BloFin TSM-USDT
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
Ondo Perps TSM-USD.P
Extended TSM-USD
Binance TSMUSDT
GRVT TSM_USDT_Perp
Deribit TSM_USDC-PERPETUAL
Coinbase International TSM-PERP-INTX
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
Injective TSM/USDC PERP