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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0226%/8h= +24.8% APRpaid last 24h 0.000%
Price spread now: Aster against Hyperliquid−0.181%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.181% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.181% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 2.7 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TNSR0.037750.0100pay 0.0013% / 1h8m 04s$67K$59K3x
ShortAster TNSRUSDT0.037680.0326get 0.0163% / 4h1h 08m$19K$33K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
$47.54
Price spread: −0.181% → 0.000%
−$18.14
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
$12.4
Costs to cover
0.170%
Break-even
5.2 days
Slippage unknown: Hyperliquid: no order-book sample; Aster: 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 Hyperliquid no order-book sample
Sell Aster no order-book sample
Hyperliquid and Aster: 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 TNSRlong+0.0100%1h0.03775long leg$67K$59K3x
Binance TNSRUSDT+0.0100%4h0.037750.000%$2.3M$3.9M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03773−0.053%$1.1M$564K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03774−0.026%$147K$117K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.037750.000%$362K$197K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.037750.000%$1.1M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03774−0.026%$1.7M$422K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03773−0.053%$6.5Mas long as short
Variational Omni TNSR+0.0100%4h0.03760−0.403%$4K$5Kas long as short
Aster TNSRUSDTshort+0.0326%4h0.03768−0.181%$19K$33K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD+0.0923%1h0.03770−0.122%$18K$18K10xas long as short