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: Bybit against Bitget−0.052%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2802.797% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days−0.193%−$19 · spread now −0.052%, 7d avg −0.120%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.068% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.120%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TNSRUSDT | 0.03826 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $1.8M | $347K | 25x |
| Short | Bybit TNSRUSDT | 0.03824 | 0.0100 | get 0.0050% / 4h | 3h 12m | $1.1M | $492K | 25x |
Bitget TNSRUSDT
Bybit TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.052% → −0.120%
- $6.81
- Slippage, 4 orders
- −$256.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$272.89
- Costs to cover
- 2.797%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 3 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 Bitget live order book, 4 min ago | 6.52 bp | 46.7 bp −$47 | 568.2 bp −$5,682 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.22 bp | 101.5 bp −$102 | 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 | −0.0258% | 1h | 0.03828 | +0.041% | $17K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03833 | +0.183% | $69K | $58K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03830 | +0.117% | $15K | $29K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03830 | +0.105% | $2.3M | $3.5M | 25x | as long as short |
| Bybit TNSRUSDTshort | +0.0100% | 4h | 0.03824 | −0.052% | $1.1M | $492K | 25x | |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03828 | +0.052% | $146K | $109K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03829 | +0.078% | $386K | $198K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03833 | +0.183% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDTlong | +0.0100% | 4h | 0.03826 | long leg | $1.8M | $347K | 25x | |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03827 | +0.026% | — | $6.5M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
KuCoin TNSRUSDTM
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 | 0.03833 | +0.192% | $6K | $4K | — | as long as short |
Variational Omni TNSR