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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against BingX+0.026%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$629as in the Price arb table
costs, in and out, $10k−$6266.263% 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)+0.021%+$2 · spread now +0.026%, 7d avg +0.056%
Together, before fees+0.021%+$2 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 0.030% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TNSR-USDT0.038270.0100pay 0.0050% / 4h3h 12m$6.5M
ShortGate TNSR_USDT0.038280.0100get 0.0050% / 4h3h 12m$146K$109K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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: +0.026% → +0.056%
−$2.97
Slippage, 4 orders
−$601.29
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$629.26
Costs to cover
6.263%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 33 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 BingX live order book, 9 min ago6.52 bp28.5 bp −$28145.2 bp −$1,452doesn't fitdoesn't fit
Sell Gate live order book, 33 min ago3.89 bp362.1 bp −$362doesn'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−0.0258%1h0.03828+0.015%$17K$15K10xas long as short
Hyperliquid TNSR+0.0100%1h0.03833+0.157%$69K$58K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03830+0.083%$15K$29K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03830+0.070%$2.3M$3.5M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03824−0.078%$1.1M$492K25xas long as short
Gate TNSR_USDTshort+0.0100%4h0.03828+0.026%$146K$109K20x
MEXC TNSR_USDT+0.0100%4h0.03829+0.052%$386K$198K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03833+0.157%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03828+0.026%$1.8M$347K25xas long as short
BingX TNSR-USDTlong+0.0100%4h0.03827long leg$6.5M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03833+0.165%$6K$4Kas long as short