Settings8H · net · $10k
Funding arb · Price arb /

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.1464%/8h= +160.3% APRpaid last 24h +0.026%
Price spread now: Kraken Futures against Aster−0.099%54s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Kraken Futures 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 5 hours of funding at the current rate (+$44 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TNSRUSDT0.037510.0454pay 0.0227% / 4h3h 50m$19K$33K5x
ShortKraken Futures PF_TNSRUSD0.037470.1918get 0.0240% / 1h50m 22s$18K$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$307.38
Price spread: −0.099% → 0.000%
−$9.86
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$279.51
Costs to cover
0.180%
Break-even
0.6 days
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Kraken Futures no order-book sample
Aster and Kraken Futures: 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.

TNSR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TNSR+0.0100%1h0.03752+0.027%$66K$57K3xas long as short
Binance TNSRUSDT+0.0100%4h0.03746−0.133%$2.3M$4.0M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03740−0.293%$1.1M$589K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03744−0.187%$147K$118K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03748−0.080%$347K$192K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03746−0.133%$1.1M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03745−0.160%$1.7M$429K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03746−0.133%$6.6Mas long as short
Variational Omni TNSR+0.0100%4h0.03745−0.163%$4K$5Kas long as short
Aster TNSRUSDTlong+0.0454%4h0.03751long leg$19K$33K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSDshort+0.1918%1h0.03747−0.099%$18K$18K10x