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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.134%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.187%+$19 · spread now −0.134%, 7d avg +0.002%
Together, before fees+0.187%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.135% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TNSRUSDT0.038560.0100pay 0.0050% / 4h3h 16m$2.4M$3.3M25x
ShortBitget TNSRUSDT0.038510.0100get 0.0050% / 4h3h 16m$1.8M$308K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: −0.134% → +0.002%
−$13.52
Slippage, 4 orders
−$110.99
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$146.51
Costs to cover
1.330%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago1.30 bp25.4 bp −$25284.2 bp −$2,842doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago5.19 bp31.6 bp −$32198.2 bp −$1,982doesn't fitdoesn't fit

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%1h0.03854−0.056%$70K$62K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03849−0.186%$13K$26K5xas long as short
Binance TNSRUSDTlong+0.0100%4h0.03856long leg$2.4M$3.3M25x
Bybit TNSRUSDT+0.0100%4h0.03851−0.134%$1.2M$445K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03851−0.134%$147K$96K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03852−0.108%$380K$206K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03856−0.004%$1.2M$2.2M30xas long as short
Bitget TNSRUSDTshort+0.0100%4h0.03851−0.134%$1.8M$308K25x
BingX TNSR-USDT+0.0100%4h0.03851−0.134%$6.5Mas long as short
Variational Omni TNSR+0.0100%4h0.03847−0.228%$6K$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD+0.0773%1h0.03853−0.092%$28K$4K10xas long as short