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: Variational Omni against Hyperliquid−0.283%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 4 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 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.283% cheaper against Hyperliquid than usual: you would sell low and buy high, −$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TNSR0.037590.0100pay 0.0013% / 1h43m 23s$67K$59K3x
ShortVariational Omni TNSR0.037480.0100get 0.0050% / 4h1h 43m$4K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.283% → 0.000%
−$28.35
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.35
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: no order-book sample; Variational Omni: 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 Variational Omni no order-book sample
Hyperliquid and Variational Omni: 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%1h0.03759long leg$67K$59K3x
Aster TNSRUSDT+0.0100%4h0.03751−0.226%$19K$33K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03757−0.043%$2.3M$3.9M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03750−0.239%$1.1M$561K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03754−0.133%$147K$117K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03756−0.080%$344K$194K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03755−0.106%$1.1M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03752−0.186%$1.7M$420K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03757−0.053%$6.5Mas long as short
Variational Omni TNSRshort+0.0100%4h0.03748−0.283%$4K$5K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD+0.0926%1h0.03756−0.070%$18K$18K10xas long as short