Funding you earn now, next payment 09:00 UTC−0.1815%/8h= −198.7% APRpaid last 24h −0.044%
Price spread now: BingX against Kraken Futures−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and BingX is 0.033% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TNSRUSD | 0.03753 | 0.1915 | pay 0.0239% / 1h | 38m 54s | $18K | $18K | 10x |
| Short | BingX TNSR-USDT | 0.03752 | 0.0100 | get 0.0050% / 4h | 3h 38m | — | $6.6M | — |
Kraken Futures PF_TNSRUSD
BingX TNSR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$381.13
- Price spread: −0.033% → 0.000%
- −$3.3
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$404.43
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 13 min ago | 6.68 bp | 32.3 bp −$32 | 122.6 bp −$1,226 | 1084.2 bp −$108.4K | doesn't fit |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TNSR | +0.0100% | 1h | 0.03757 | +0.100% | $66K | $55K | 3x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03753 | −0.020% | $2.3M | $4.0M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03749 | −0.113% | $1.1M | $581K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03754 | +0.020% | $148K | $119K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03752 | −0.033% | $348K | $193K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03754 | +0.020% | $1.1M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03753 | −0.006% | $1.7M | $408K | 25x | as long as short |
| BingX TNSR-USDTshort | +0.0100% | 4h | 0.03752 | −0.033% | — | $6.6M | — | |
| Variational Omni TNSR | +0.0100% | 4h | 0.03750 | −0.089% | $4K | $5K | — | as long as short |
| Aster TNSRUSDT | +0.0487% | 4h | 0.03751 | −0.060% | $19K | $33K | 5x | as long as short |
Hyperliquid TNSR
Binance TNSRUSDT
Bybit TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDT
Variational Omni TNSR
Aster TNSRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSDlong | +0.1915% | 1h | 0.03753 | long leg | $18K | $18K | 10x |