Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.001%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.882% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.001%, 7d avg −0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TNSRUSDT | 0.03870 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $2.3M | $3.5M | 25x |
| Short | MEXC TNSR_USDT | 0.03870 | 0.0100 | get 0.0050% / 4h | 3h 51m | $390K | $195K | 50x |
Binance TNSRUSDT
MEXC TNSR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- $0
- Price spread: −0.001% → −0.009%
- $0.78
- Slippage, 4 orders
- −$74.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$87.47
- Costs to cover
- 0.882%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 49 min ago.
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 Binance live order book, 14 min ago | 2.59 bp | 30.0 bp −$30 | 267.8 bp −$2,678 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 49 min ago | 1.29 bp | 11.8 bp −$12 | 102.1 bp −$1,021 | 214.4 bp −$21.4K | doesn't fit |
TNSR on 11 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSD | −0.0255% | 1h | 0.03869 | −0.031% | $18K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03872 | +0.051% | $69K | $59K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03870 | 0.000% | $15K | $28K | 5x | as long as short |
| Binance TNSRUSDTlong | +0.0100% | 4h | 0.03870 | long leg | $2.3M | $3.5M | 25x | |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03868 | −0.053% | $1.2M | $488K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03868 | −0.053% | $147K | $108K | 20x | as long as short |
| MEXC TNSR_USDTshort | +0.0100% | 4h | 0.03870 | −0.001% | $390K | $195K | 50x | |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03874 | +0.102% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03870 | −0.001% | $1.8M | $349K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03871 | +0.025% | — | $6.5M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Bybit TNSRUSDT
Gate TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDT
BingX TNSR-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TNSR | +0.0100% | 4h | 0.03860 | −0.251% | $6K | $4K | — | as long as short |
Variational Omni TNSR