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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Hyperliquid−0.212%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: Bitget is 0.212% cheaper against Hyperliquid than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TNSR0.037710.0100pay 0.0013% / 1h21m 56s$66K$55K3x
ShortBitget TNSRUSDT0.037630.0100get 0.0050% / 4h2h 21m$1.7M$414K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.212% → 0.000%
−$21.21
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$42.21
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago3.98 bp40.7 bp −$41575.2 bp −$5,752doesn'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 exchanges

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%1h0.03771long leg$66K$55K3x
Binance TNSRUSDT+0.0100%4h0.03769−0.053%$2.2M$4.0M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03766−0.133%$1.1M$606K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03760−0.292%$149K$120K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03770−0.027%$354K$192K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.037710.000%$1.1M$2.1M30xas long as short
Bitget TNSRUSDTshort+0.0100%4h0.03763−0.212%$1.7M$414K25x
BingX TNSR-USDT+0.0100%4h0.03766−0.133%$6.5Mas long as short
Variational Omni TNSR+0.0100%4h0.03763−0.206%$4K$5Kas long as short
Aster TNSRUSDT+0.0315%4h0.03761−0.269%$17K$35K5xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD+0.1601%1h0.03766−0.140%$16K$21K10xas long as short