Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.48 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against Binance+0.027%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+0.250%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.027% dearer against Binance than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.250%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSMUSDT | 443.90 | 0.0048 | pay 0.0048% / 8h | 5h 54m | $13.0M | $6.8M | 20x |
| Short | Aster TSMUSDT | 444.02 | 0 | get 0.0000% / 8h | 5h 54m | $82K | $1K | 20x |
Binance TSMUSDT
Aster TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$10.16
- Price spread: +0.027% → 0.000%
- $2.73
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$25.43
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 16 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 Binance live order book, 16 min ago | 1.24 bp | 10.4 bp −$10 | 25.5 bp −$255 | doesn't fit | 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 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TSMUSDTshort | 0.0000% | 8h | 444.02 | +0.027% | $82K | $1K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 443.59 | −0.069% | $2.0M | $391K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 443.79 | −0.024% | $4.0M | $2.4M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 443.68 | −0.049% | $1.7M | $912K | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 443.84 | −0.013% | $1.7M | $1.4M | 20x | as long as short |
| Variational Omni TSM | 0.0000% | 8h | 443.57 | −0.073% | $549K | $61K | — | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 443.66 | −0.053% | $2K | $4.4M | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 443.46 | −0.098% | $9K | $9K | 20x | as long as short |
| Phemex TSMUSDT | 0.0000% | 8h | 443.71 | −0.042% | $1.5M | $442K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 443.82 | −0.017% | $222K | $644K | 10x | as long as short |
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
Variational Omni TSM
SunX TSM-USDT
HTX TSM-USDT
Phemex TSMUSDT
Lighter RH TSMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest TSM-USD-PERP | +0.0046% | 1h | 443.04 | −0.193% | — | $583 | 25x | as long as short |
| Extended TSM-USD | +0.0048% | 1h | 443.75 | −0.033% | $1K | $197K | 10x | as long as short |
| Binance TSMUSDTlong | +0.0048% | 8h | 443.90 | long leg | $13.0M | $6.8M | 20x | |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 443.48 | −0.094% | $10.2M | $2.3M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 443.27 | −0.141% | $196K | $51K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 443.19 | −0.159% | $137 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 443.06 | −0.188% | $159K | $23K | 10x | as long as short |
| Lighter TSM | +0.0080% | 1h | 444.07 | +0.039% | $501K | $173K | 10x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 443.49 | −0.091% | $269K | $319K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 443.43 | −0.105% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 443.58 | −0.072% | $124 | — | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | +0.0152% | 1h | 443.28 | −0.139% | $370K | $107K | 10x | as long as short |
| Phoenix TSM | +0.0179% | 1h | 443.63 | −0.060% | $216K | $5K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0196% | 8h | 443.61 | −0.065% | $8K | $1.1M | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0220% | 1h | 447.81 | +0.882% | $7K | $38K | 12x | as long as short |
| edgeX TSMUSDC | +0.0294% | 4h | 443.34 | −0.124% | $48K | $215K | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | +0.0359% | 1h | 443.47 | −0.096% | $4 | $24K | 10x | as long as short |
Vest TSM-USD-PERP
Extended TSM-USD
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
Lighter TSM
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Coinbase International TSM-PERP-INTX
Phoenix TSM
GRVT TSM_USDT_Perp
Injective TSM/USDC PERP
edgeX TSMUSDC
Deribit TSM_USDC-PERPETUAL