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: Bybit against Gate+0.026%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$835as in the Funding arb table
Net, price: spread back to 7d avg − costs−$815as in the Price arb table
costs, in and out, $10k−$8288.284% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.026%, 7d avg −0.111%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.137% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TNSR_USDT | 0.03866 | 0.0100 | pay 0.0050% / 4h | 3m 23s | $147K | $110K | 20x |
| Short | Bybit TNSRUSDT | 0.03867 | 0.0100 | get 0.0050% / 4h | 3m 23s | $1.2M | $487K | 25x |
Gate TNSR_USDT
Bybit TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.026% → −0.111%
- $13.74
- Slippage, 4 orders
- −$802.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$814.69
- Costs to cover
- 8.284%
- Break-even
- never at this rate
Slippage from Gate: live order book, 47 min ago; Bybit: live order book, 2 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, 47 min ago | 5.19 bp | 226.1 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.59 bp | 106.6 bp −$107 | 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 | −0.0255% | 1h | 0.03864 | −0.040% | $18K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03875 | +0.233% | $69K | $60K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03865 | −0.032% | $15K | $28K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03872 | +0.155% | $2.3M | $3.5M | 25x | as long as short |
| Bybit TNSRUSDTshort | +0.0100% | 4h | 0.03867 | +0.026% | $1.2M | $487K | 25x | |
| Gate TNSR_USDTlong | +0.0100% | 4h | 0.03866 | long leg | $147K | $110K | 20x | |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03875 | +0.233% | $390K | $198K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03872 | +0.155% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03871 | +0.129% | $1.8M | $337K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03868 | +0.052% | — | $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 | 0.03860 | −0.147% | $6K | $4K | — | as long as short |
Variational Omni TNSR