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: Gate against Binance+0.134%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$917as in the Funding arb table
Net, price: spread back to 7d avg − costs−$906as in the Price arb table
costs, in and out, $10k−$9179.175% 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 4 days (all we have)−0.373%−$37 · spread now +0.134%, 7d avg +0.015%
Together, before fees−0.373%−$37 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: Gate is 0.119% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TNSRUSDT0.038410.0100pay 0.0050% / 4h1h 41m$2.3M$3.5M25x
ShortGate TNSR_USDT0.038460.0100get 0.0050% / 4h1h 41m$151K$106K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → +0.015%
$11.9
Slippage, 4 orders
−$892.48
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$905.57
Costs to cover
9.175%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 14 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, 10 min ago2.60 bp27.2 bp −$27245.4 bp −$2,454doesn't fitdoesn't fit
Sell Gate live order book, 14 min ago7.80 bp349.3 bp −$349doesn't fitdoesn'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
Kraken Futures PF_TNSRUSD−0.0157%1h0.03848+0.191%$18K$15K10xas long as short
Hyperliquid TNSR+0.0100%1h0.03842+0.029%$69K$60K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03841+0.003%$15K$28K5xas long as short
Binance TNSRUSDTlong+0.0100%4h0.03841long leg$2.3M$3.5M25x
Bybit TNSRUSDT+0.0100%4h0.03841+0.003%$1.1M$477K25xas long as short
Gate TNSR_USDTshort+0.0100%4h0.03846+0.134%$151K$106K20x
MEXC TNSR_USDT+0.0100%4h0.03841+0.003%$375K$195K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03842+0.029%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03841+0.003%$1.8M$324K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03844+0.081%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03826−0.392%$6K$4Kas long as short