Settings8H · net · $10k
Funding arb · Price arb /

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against Gate+0.052%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$688as in the Price arb table
costs, in and out, $10k−$6996.988% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.052%, 7d avg −0.056%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.108% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TNSR_USDT0.038660.0100pay 0.0050% / 4h1m 30s$147K$110K20x
ShortBingX TNSR-USDT0.038680.0100get 0.0050% / 4h1m 30s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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% → −0.056%
$10.82
Slippage, 4 orders
−$673.84
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$688.02
Costs to cover
6.988%
Break-even
never at this rate
Slippage from Gate: live order book, 49 min ago; BingX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 49 min ago5.19 bp226.1 bp −$226doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago6.45 bp33.6 bp −$34124.4 bp −$1,244doesn't fitdoesn't fit

TNSR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD−0.0255%1h0.03867+0.032%$18K$15K10xas long as short
Hyperliquid TNSR+0.0100%1h0.03875+0.233%$69K$60K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03865−0.021%$15K$28K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03870+0.116%$2.3M$3.5M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03867+0.026%$1.2M$487K25xas long as short
Gate TNSR_USDTlong+0.0100%4h0.03866long leg$147K$110K20x
MEXC TNSR_USDT+0.0100%4h0.03871+0.129%$390K$199K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03874+0.207%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03869+0.078%$1.8M$338K25xas long as short
BingX TNSR-USDTshort+0.0100%4h0.03868+0.052%$6.5M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03860−0.147%$6K$4Kas long as short