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: Gate against Bitget0.000%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$944as in the Funding arb table
Net, price: spread back to 7d avg − costs−$948as in the Price arb table
costs, in and out, $10k−$9449.438% 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)−0.084%−$8 · spread now 0.000%, 7d avg +0.044%
Together, before fees−0.084%−$8 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 0.044% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TNSRUSDT0.038610.0100pay 0.0050% / 4h53m 29s$1.8M$326K25x
ShortGate TNSR_USDT0.038610.0100get 0.0050% / 4h53m 29s$147K$109K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: 0.000% → +0.044%
−$4.38
Slippage, 4 orders
−$916.82
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$948.2
Costs to cover
9.438%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 62 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, 3 min ago5.18 bp44.2 bp −$44535.3 bp −$5,353doesn't fitdoesn't fit
Sell Gate live order book, 62 min ago7.80 bp349.3 bp −$349doesn'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−0.0255%1h0.03864+0.090%$18K$15K10xas long as short
Hyperliquid TNSR+0.0100%1h0.03868+0.181%$69K$60K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03861+0.009%$15K$28K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03863+0.052%$2.3M$3.5M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03859−0.052%$1.2M$481K25xas long as short
Gate TNSR_USDTshort+0.0100%4h0.038610.000%$147K$109K20x
MEXC TNSR_USDT+0.0100%4h0.03860−0.026%$389K$195K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03863+0.052%$1.2M$2.2M30xas long as short
Bitget TNSRUSDTlong+0.0100%4h0.03861long leg$1.8M$326K25x
BingX TNSR-USDT+0.0100%4h0.038610.000%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03861−0.004%$6K$4Kas long as short