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% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.162%7-day average · you sell dearer than you buy
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 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.162% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TNSRUSDT0.038620.0100pay 0.0050% / 4h52m 34s$2.3M$3.5M25x
ShortHyperliquid TNSR0.038680.0100get 0.0013% / 1h52m 34s$69K$60K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.162% → 0.000%
$16.25
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$2.75
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 min ago; Hyperliquid: 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 Binance live order book, 13 min ago2.59 bp29.7 bp −$30262.5 bp −$2,625doesn't fitdoesn't fit
Sell Hyperliquid no order-book sample
Hyperliquid: 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
Kraken Futures PF_TNSRUSD−0.0256%1h0.03864+0.052%$18K$15K10xas long as short
Hyperliquid TNSRshort+0.0100%1h0.03868+0.162%$69K$60K3x
Aster TNSRUSDT+0.0100%4h0.03863+0.038%$15K$28K5xas long as short
Binance TNSRUSDTlong+0.0100%4h0.03862long leg$2.3M$3.5M25x
Bybit TNSRUSDT+0.0100%4h0.03860−0.045%$1.2M$481K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03862+0.007%$147K$109K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03862+0.007%$389K$195K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03863+0.033%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03858−0.096%$1.8M$325K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03861−0.019%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03861−0.022%$6K$4Kas long as short