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: BingX against Bybit+0.052%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2642.638% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now +0.052%, 7d avg +0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TNSRUSDT | 0.03861 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $1.2M | $486K | 25x |
| Short | BingX TNSR-USDT | 0.03863 | 0.0100 | get 0.0050% / 4h | 3h 56m | — | $6.5M | — |
Bybit TNSRUSDT
BingX TNSR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.052% → +0.077%
- −$2.48
- Slippage, 4 orders
- −$242.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$266.3
- Costs to cover
- 2.638%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 5 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, 4 min ago | 2.59 bp | 99.2 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.17 bp | 33.6 bp −$34 | 120.2 bp −$1,202 | 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 | −0.0255% | 1h | 0.03867 | +0.150% | $18K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03867 | +0.155% | $69K | $59K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03864 | +0.074% | $15K | $28K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03867 | +0.152% | $2.3M | $3.5M | 25x | as long as short |
| Bybit TNSRUSDTlong | +0.0100% | 4h | 0.03861 | long leg | $1.2M | $486K | 25x | |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03868 | +0.181% | $147K | $108K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03865 | +0.104% | $389K | $195K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03868 | +0.181% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03863 | +0.052% | $1.8M | $338K | 25x | as long as short |
| BingX TNSR-USDTshort | +0.0100% | 4h | 0.03863 | +0.052% | — | $6.5M | — |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TNSR | +0.0100% | 4h | 0.03865 | +0.099% | $6K | $4K | — | as long as short |
Variational Omni TNSR