Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against Bitget+0.027%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$3903.904% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now +0.027%, 7d avg +0.161%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.134% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.161%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TNSRUSDT | 0.03770 | 0.0100 | pay 0.0050% / 4h | 40m 14s | $1.7M | $421K | 25x |
| Short | KuCoin TNSRUSDTM | 0.03771 | 0.0100 | get 0.0050% / 4h | 40m 14s | $1.1M | $2.2M | 30x |
Bitget TNSRUSDT
KuCoin TNSRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.027% → +0.161%
- −$13.4
- Slippage, 4 orders
- −$366.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$403.83
- Costs to cover
- 3.904%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago | 6.62 bp | 52.8 bp −$53 | 628.6 bp −$6,286 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.32 bp | 207.2 bp −$207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TNSR | +0.0100% | 1h | 0.03773 | +0.080% | $66K | $57K | 3x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03770 | −0.012% | $2.3M | $4.0M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03770 | 0.000% | $1.1M | $573K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03772 | +0.053% | $147K | $118K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03769 | −0.027% | $361K | $193K | 50x | as long as short |
| KuCoin TNSRUSDTMshort | +0.0100% | 4h | 0.03771 | +0.027% | $1.1M | $2.2M | 30x | |
| Bitget TNSRUSDTlong | +0.0100% | 4h | 0.03770 | long leg | $1.7M | $421K | 25x | |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03776 | +0.159% | — | $6.6M | — | as long as short |
| Variational Omni TNSR | +0.0100% | 4h | 0.03780 | +0.259% | $4K | $5K | — | as long as short |
| Aster TNSRUSDT | +0.0392% | 4h | 0.03770 | +0.009% | $19K | $33K | 5x | as long as short |
Hyperliquid TNSR
Binance TNSRUSDT
Bybit TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
BingX TNSR-USDT
Variational Omni TNSR
Aster TNSRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSD | +0.1107% | 1h | 0.03769 | −0.030% | $18K | $18K | 10x | as long as short |
Kraken Futures PF_TNSRUSD