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: Binance against Bybit+0.034%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$521as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5285.275% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now +0.034%, 7d avg +0.118%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TNSRUSDT | 0.03780 | 0.0100 | pay 0.0050% / 4h | 42m 24s | $1.1M | $573K | 25x |
| Short | Binance TNSRUSDT | 0.03781 | 0.0100 | get 0.0050% / 4h | 42m 24s | $2.3M | $3.9M | 25x |
Bybit TNSRUSDT
Binance TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.034% → +0.118%
- −$8.41
- Slippage, 4 orders
- −$506.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$535.95
- Costs to cover
- 5.275%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 1.32 bp | 301.8 bp −$302 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.33 bp | 33.7 bp −$34 | 190.2 bp −$1,902 | 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 | 0.03782 | +0.053% | $67K | $57K | 3x | as long as short |
| Binance TNSRUSDTshort | +0.0100% | 4h | 0.03781 | +0.034% | $2.3M | $3.9M | 25x | |
| Bybit TNSRUSDTlong | +0.0100% | 4h | 0.03780 | long leg | $1.1M | $573K | 25x | |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03781 | +0.026% | $147K | $118K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03781 | +0.026% | $362K | $193K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03783 | +0.079% | $1.1M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03780 | 0.000% | $1.7M | $421K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03780 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni TNSR | +0.0100% | 4h | 0.03787 | +0.179% | $4K | $5K | — | as long as short |
| Aster TNSRUSDT | +0.0397% | 4h | 0.03778 | −0.065% | $19K | $33K | 5x | as long as short |
Hyperliquid TNSR
Gate TNSR_USDT
MEXC TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDT
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 | +0.1103% | 1h | 0.03782 | +0.047% | $18K | $18K | 10x | as long as short |
Kraken Futures PF_TNSRUSD