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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate+0.053%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.053% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TNSR_USDT0.037700.0100pay 0.0050% / 4h1h 03m$147K$118K20x
ShortHyperliquid TNSR0.037720.0100get 0.0013% / 1h3m 59s$67K$59K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.053% → 0.000%
$5.31
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$18.69
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 32 min ago; Hyperliquid: no order-book sample. Net counts fees only.

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, 32 min ago4.02 bp787.0 bp −$787doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid no order-book sample
Hyperliquid: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hyperliquid TNSRshort+0.0100%1h0.03772+0.053%$67K$59K3x
Binance TNSRUSDT+0.0100%4h0.03769−0.027%$2.3M$3.9M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03765−0.133%$1.1M$570K25xas long as short
Gate TNSR_USDTlong+0.0100%4h0.03770long leg$147K$118K20x
MEXC TNSR_USDT+0.0100%4h0.03769−0.027%$361K$198K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03768−0.053%$1.1M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03767−0.080%$1.7M$422K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03767−0.080%$6.6Mas long as short
Variational Omni TNSR+0.0100%4h0.03772+0.062%$4K$5Kas long as short
Aster TNSRUSDT+0.0368%4h0.03762−0.221%$19K$33K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD+0.0924%1h0.03765−0.138%$18K$18K10xas long as short