Funding you earn now, next payment 11:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.007%
Price spread now: Aster against Extended−0.058%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−0.042%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.058% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TSM-USD | 442.48 | 0.0096 | pay 0.0012% / 1h | 51m 07s | $1K | $217K | 10x |
| Short | Aster TSMUSDT | 442.23 | 0 | get 0.0000% / 8h | 5h 51m | $82K | $2K | 20x |
Extended TSM-USD
Aster TSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$20.16
- Price spread: −0.058% → 0.000%
- −$5.82
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$38.98
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 58 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 Extended live order book, 58 min ago | 1.48 bp | 9.4 bp −$9 | 71.2 bp −$712 | 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 28 exchanges
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 | −0.0868% | 4h | 442.46 | −0.005% | $48K | $216K | 10x | as long as short |
| Coinbase International TSM-PERP-INTX | −0.0056% | 1h | 442.29 | −0.044% | $374K | $109K | 10x | as long as short |
| Aster TSMUSDTshort | 0.0000% | 8h | 442.23 | −0.058% | $82K | $2K | 20x | |
| Bybit TSMUSDT | 0.0000% | 8h | 442.44 | −0.010% | $2.0M | $395K | 50x | as long as short |
| OKX TSM-USDT-SWAP | 0.0000% | 8h | 442.71 | +0.051% | $4.1M | $2.8M | 20x | as long as short |
| Gate TSM_USDT | 0.0000% | 8h | 442.52 | +0.008% | $1.7M | $1.1M | 100x | as long as short |
| Bitget TSMUSDT | 0.0000% | 8h | 442.83 | +0.078% | $1.8M | $1.5M | 20x | as long as short |
| SunX TSM-USDT | 0.0000% | 8h | 442.72 | +0.054% | $2K | $3.8M | 10x | as long as short |
| Deribit TSM_USDC-PERPETUAL | 0.0000% | 1h | 442.53 | +0.011% | $4 | $10K | 10x | as long as short |
| HTX TSM-USDT | 0.0000% | 8h | 442.49 | +0.002% | $9K | $8K | 20x | as long as short |
edgeX TSMUSDC
Coinbase International TSM-PERP-INTX
Bybit TSMUSDT
OKX TSM-USDT-SWAP
Gate TSM_USDT
Bitget TSMUSDT
SunX TSM-USDT
Deribit TSM_USDC-PERPETUAL
HTX TSM-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSMUSDT | 0.0000% | 8h | 442.84 | +0.081% | $1.5M | $561K | 10x | as long as short |
| Variational Omni TSM | +0.0006% | 8h | 442.40 | −0.019% | $554K | $44K | — | as long as short |
| Lighter TSM | +0.0032% | 1h | 442.69 | +0.047% | $498K | $143K | 10x | as long as short |
| Lighter RH TSM | +0.0032% | 1h | 442.77 | +0.065% | $198K | $687K | 10x | as long as short |
| Injective TSM/USDC PERP | +0.0033% | 1h | 443.95 | +0.331% | $6K | $38K | 12x | as long as short |
| Vest TSM-USD-PERP | +0.0046% | 1h | 442.46 | −0.005% | — | $2K | 25x | as long as short |
| tradeXYZ xyz:TSM | +0.0050% | 1h | 442.49 | +0.002% | $10.2M | $2.0M | 10x | as long as short |
| Polymarket Perps TSM-USD | +0.0050% | 1h | 442.37 | −0.026% | $187K | $71K | 10x | as long as short |
| SoDEX TSM-USD | +0.0050% | 1h | 442.45 | −0.008% | $136 | $3K | 10x | as long as short |
| Ondo Perps TSM-USD.P | +0.0050% | 1h | 442.38 | −0.023% | $156K | $31K | 10x | as long as short |
| Extended TSM-USDlong | +0.0096% | 1h | 442.48 | long leg | $1K | $217K | 10x | |
| BloFin TSM-USDT | +0.0099% | 8h | 442.58 | +0.022% | $45K | $116K | 20x | as long as short |
| Binance TSMUSDT | +0.0100% | 8h | 442.65 | +0.038% | $13.0M | $8.5M | 20x | as long as short |
| KuCoin TSMUSDTM | +0.0100% | 8h | 442.08 | −0.091% | $268K | $442K | 20x | as long as short |
| Orderly PERP_TSM_USDC_mythos | +0.0100% | 8h | 442.50 | +0.004% | $21 | — | 10x | as long as short |
| Aevo TSM-PERP | +0.0104% | 1h | 442.62 | +0.030% | $124 | — | 10x | as long as short |
| Phoenix TSM | +0.0253% | 1h | 442.39 | −0.021% | $210K | $10K | 10x | as long as short |
| GRVT TSM_USDT_Perp | +0.0347% | 8h | 442.47 | −0.003% | $8K | $1.3M | 10x | as long as short |
Phemex TSMUSDT
Variational Omni TSM
Lighter TSM
Lighter RH TSM
Injective TSM/USDC PERP
Vest TSM-USD-PERP
tradeXYZ xyz:TSM
Polymarket Perps TSM-USD
SoDEX TSM-USD
Ondo Perps TSM-USD.P
BloFin TSM-USDT
Binance TSMUSDT
KuCoin TSMUSDTM
Orderly PERP_TSM_USDC_mythos
Aevo TSM-PERP
Phoenix TSM
GRVT TSM_USDT_Perp