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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.080%7-day average +0.198% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$385as in the Price arb table
costs, in and out, $10k−$3733.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 7 days+0.102%+$10 · spread now +0.080%, 7d avg +0.198%
Together, before fees+0.164%+$16 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: KuCoin is 0.118% cheaper against BingX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.198%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TNSR-USDT0.037550.0100pay 0.0050% / 4h3h 38m$6.5M
ShortKuCoin TNSRUSDTM0.037580.0100get 0.0050% / 4h3h 38m$1.1M$2.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.080% → +0.198%
−$11.77
Slippage, 4 orders
−$351.15
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$384.92
Costs to cover
3.731%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 8 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, 13 min ago6.68 bp35.3 bp −$35207.6 bp −$2,076doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago4.00 bp204.3 bp −$204doesn'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
Hyperliquid TNSR+0.0100%1h0.03757+0.053%$66K$55K3xas long as short
Binance TNSRUSDT+0.0100%4h0.03758+0.073%$2.3M$4.0M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03757+0.053%$1.1M$583K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03754−0.027%$148K$119K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03759+0.107%$348K$193K50xas long as short
KuCoin TNSRUSDTMshort+0.0100%4h0.03758+0.080%$1.1M$2.2M30x
Bitget TNSRUSDT+0.0100%4h0.03757+0.053%$1.7M$408K25xas long as short
BingX TNSR-USDTlong+0.0100%4h0.03755long leg$6.5M
Variational Omni TNSR+0.0100%4h0.03750−0.136%$4K$5Kas long as short
Aster TNSRUSDT+0.0482%4h0.03754−0.024%$19K$33K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD+0.1915%1h0.03753−0.047%$18K$18K10xas long as short