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 Gate+0.078%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$623as in the Funding arb table
Net, price: spread back to 7d avg − costs−$614as in the Price arb table
costs, in and out, $10k−$6236.234% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.078%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.093% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TNSR_USDT | 0.03828 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $146K | $109K | 20x |
| Short | Binance TNSRUSDT | 0.03831 | 0.0100 | get 0.0050% / 4h | 3h 11m | $2.3M | $3.5M | 25x |
Gate TNSR_USDT
Binance TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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% → −0.014%
- $9.28
- Slippage, 4 orders
- −$598.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$614.12
- Costs to cover
- 6.234%
- Break-even
- never at this rate
Slippage from Gate: live order book, 34 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 Gate live order book, 34 min ago | 3.89 bp | 200.3 bp −$200 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.30 bp | 32.5 bp −$32 | 92.4 bp −$924 | 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 | −0.0258% | 1h | 0.03827 | −0.023% | $17K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03833 | +0.131% | $69K | $58K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03830 | +0.047% | $15K | $29K | 5x | as long as short |
| Binance TNSRUSDTshort | +0.0100% | 4h | 0.03831 | +0.078% | $2.3M | $3.5M | 25x | |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03824 | −0.104% | $1.1M | $492K | 25x | as long as short |
| Gate TNSR_USDTlong | +0.0100% | 4h | 0.03828 | long leg | $146K | $109K | 20x | |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03829 | +0.026% | $386K | $198K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03832 | +0.104% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03828 | 0.000% | $1.8M | $347K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03828 | 0.000% | — | $6.5M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Bybit 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 | 0.03833 | +0.139% | $6K | $4K | — | as long as short |
Variational Omni TNSR