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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0361%/8h= +39.5% APRpaid last 24h +0.007%
Price spread now: Aster against Kraken Futures+0.134%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Aster is 0.134% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TNSRUSD0.03785−0.0261get 0.0033% / 1h59m 54s$17K$15K10x
ShortAster TNSRUSDT0.037900.0100get 0.0050% / 4h2h 59m$15K$30K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$75.81
Price spread: +0.134% → 0.000%
$13.35
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$71.16
Costs to cover
0.180%
Break-even
0.4 days
Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures 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
Kraken Futures PF_TNSRUSDlong−0.0261%1h0.03785long leg$17K$15K10x
Hyperliquid TNSR+0.0100%1h0.03793+0.224%$68K$59K3xas long as short
Aster TNSRUSDTshort+0.0100%4h0.03790+0.134%$15K$30K5x
Binance TNSRUSDT+0.0100%4h0.03792+0.198%$2.3M$3.6M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03789+0.119%$1.1M$500K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03790+0.145%$145K$110K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03792+0.198%$365K$201K50xas long as short
KuCoin TNSRUSDTM+0.0100%4h0.03790+0.145%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03791+0.172%$1.8M$361K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03791+0.172%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03810+0.682%$6K$4Kas long as short