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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.156%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1451.449% 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 7 days−0.239%−$24 · spread now +0.156%, 7d avg −0.001%
Together, before fees−0.239%−$24 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: Binance is 0.158% dearer against Bitget than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TNSRUSDT0.038440.0100pay 0.0050% / 4h1h 42m$1.8M$324K25x
ShortBinance TNSRUSDT0.038500.0100get 0.0050% / 4h1h 42m$2.3M$3.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.156% → −0.001%
$15.76
Slippage, 4 orders
−$122.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$129.18
Costs to cover
1.449%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 9 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 Bitget live order book, 4 min ago6.53 bp44.3 bp −$44482.7 bp −$4,827doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago2.60 bp31.8 bp −$32148.7 bp −$1,487doesn'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−0.0157%1h0.03847+0.086%$18K$15K10xas long as short
Hyperliquid TNSR+0.0100%1h0.03849+0.130%$69K$60K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03841−0.078%$15K$28K5xas long as short
Binance TNSRUSDTshort+0.0100%4h0.03850+0.156%$2.3M$3.5M25x
Bybit TNSRUSDT+0.0100%4h0.03842−0.052%$1.1M$477K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03840−0.104%$151K$106K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03851+0.182%$376K$195K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03846+0.052%$1.2M$2.2M30xas long as short
Bitget TNSRUSDTlong+0.0100%4h0.03844long leg$1.8M$324K25x
BingX TNSR-USDT+0.0100%4h0.03843−0.026%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03826−0.473%$6K$4Kas long as short