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: Bybit against BingX−0.026%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2652.648% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.026%, 7d avg −0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.051% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TNSR-USDT | 0.03868 | 0.0100 | pay 0.0050% / 4h | 1m 30s | — | $6.5M | — |
| Short | Bybit TNSRUSDT | 0.03867 | 0.0100 | get 0.0050% / 4h | 1m 30s | $1.2M | $487K | 25x |
BingX TNSR-USDT
Bybit TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: −0.026% → −0.077%
- $5.07
- Slippage, 4 orders
- −$243.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$259.75
- Costs to cover
- 2.648%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 4 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 BingX live order book, 10 min ago | 6.45 bp | 34.1 bp −$34 | 154.4 bp −$1,544 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.59 bp | 106.6 bp −$107 | doesn't fit | doesn't fit | 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 | 0.03867 | −0.020% | $18K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03875 | +0.181% | $69K | $60K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03865 | −0.072% | $15K | $28K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03870 | +0.065% | $2.3M | $3.5M | 25x | as long as short |
| Bybit TNSRUSDTshort | +0.0100% | 4h | 0.03867 | −0.026% | $1.2M | $487K | 25x | |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03866 | −0.052% | $147K | $110K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03871 | +0.078% | $390K | $199K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03874 | +0.155% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03869 | +0.026% | $1.8M | $338K | 25x | as long as short |
| BingX TNSR-USDTlong | +0.0100% | 4h | 0.03868 | long leg | — | $6.5M | — |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDTShow 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 | −0.198% | $6K | $4K | — | as long as short |
Variational Omni TNSR