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% APRpaid last 24h 0.000%
Price spread now: BingX against Hyperliquid−0.129%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 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: BingX is 0.129% cheaper against Hyperliquid than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TNSR0.038680.0100pay 0.0013% / 1h53m 20s$69K$60K3x
ShortBingX TNSR-USDT0.038630.0100get 0.0050% / 4h53m 20s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: −0.129% → 0.000%
−$12.93
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$31.93
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: no order-book sample; BingX: live order book, 13 min ago. 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 BingX live order book, 13 min ago6.48 bp31.1 bp −$31106.2 bp −$1,062doesn't fitdoesn't fit
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
Kraken Futures PF_TNSRUSD−0.0256%1h0.03864−0.111%$18K$15K10xas long as short
Hyperliquid TNSRlong+0.0100%1h0.03868long leg$69K$60K3x
Aster TNSRUSDT+0.0100%4h0.03861−0.179%$15K$28K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03865−0.078%$2.3M$3.5M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03859−0.233%$1.2M$481K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03861−0.181%$147K$109K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03860−0.207%$389K$195K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03863−0.129%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03861−0.181%$1.8M$326K25xas long as short
BingX TNSR-USDTshort+0.0100%4h0.03863−0.129%$6.5M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03861−0.185%$6K$4Kas long as short