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: Bitget against Bybit+0.078%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2652.651% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.128%+$13 · spread now +0.078%, 7d avg +0.120%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.042% cheaper against Bybit than usual: you would sell low and buy high, −$4 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 | Bybit TNSRUSDT | 0.03855 | 0.0100 | pay 0.0050% / 4h | 51m 25s | $1.2M | $480K | 25x |
| Short | Bitget TNSRUSDT | 0.03858 | 0.0100 | get 0.0050% / 4h | 51m 25s | $1.8M | $325K | 25x |
Bybit TNSRUSDT
Bitget TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.078% → +0.120%
- −$4.21
- Slippage, 4 orders
- −$242.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$269.3
- Costs to cover
- 2.651%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, just now.
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 | 3.89 bp | 92.5 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 5.19 bp | 39.0 bp −$39 | 233.6 bp −$2,336 | 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 | −0.0256% | 1h | 0.03856 | +0.036% | $18K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03860 | +0.130% | $69K | $60K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03862 | +0.178% | $15K | $28K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03856 | +0.015% | $2.3M | $3.5M | 25x | as long as short |
| Bybit TNSRUSDTlong | +0.0100% | 4h | 0.03855 | long leg | $1.2M | $480K | 25x | |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03861 | +0.156% | $147K | $109K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03856 | +0.026% | $388K | $196K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03862 | +0.182% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDTshort | +0.0100% | 4h | 0.03858 | +0.078% | $1.8M | $325K | 25x | |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03861 | +0.156% | — | $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 | 0.03861 | +0.152% | $6K | $4K | — | as long as short |
Variational Omni TNSR