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: Gate against Bybit−0.081%7-day average +0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,316as in the Price arb table
costs, in and out, $10k−$1,29712.969% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.081%, 7d avg +0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.191% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TNSRUSDT | 0.03714 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $1.1M | $553K | 25x |
| Short | Gate TNSR_USDT | 0.03711 | 0.0100 | get 0.0050% / 4h | 2h 22m | $145K | $117K | 20x |
Bybit TNSRUSDT
Gate TNSR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.081% → +0.110%
- −$19.09
- Slippage, 4 orders
- −$1,270.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,316.02
- Costs to cover
- 12.969%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 18 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 | 5.40 bp | 101.5 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 5.36 bp | 308.4 bp −$308 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSD | −0.0257% | 1h | 0.03716 | +0.063% | $17K | $18K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03711 | −0.081% | $66K | $59K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03708 | −0.158% | $18K | $33K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03719 | +0.126% | $2.2M | $3.9M | 25x | as long as short |
| Bybit TNSRUSDTlong | +0.0100% | 4h | 0.03714 | long leg | $1.1M | $553K | 25x | |
| Gate TNSR_USDTshort | +0.0100% | 4h | 0.03711 | −0.081% | $145K | $117K | 20x | |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03719 | +0.135% | $341K | $198K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03716 | +0.054% | $1.1M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03713 | −0.027% | $1.7M | $406K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03711 | −0.081% | — | $6.5M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
MEXC TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDT
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 | 0.03697 | −0.447% | $4K | $5K | — | as long as short |
Variational Omni TNSR