Funding you earn now, next payment 08:00 UTC−0.1007%/8h= −110.2% APRpaid last 24h −0.023%
Price spread now: Gate against Kraken Futures+0.084%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Gate is 0.084% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TNSRUSD | 0.03769 | 0.1107 | pay 0.0138% / 1h | 40m 19s | $18K | $18K | 10x |
| Short | Gate TNSR_USDT | 0.03772 | 0.0100 | get 0.0050% / 4h | 40m 19s | $147K | $118K | 20x |
Kraken Futures PF_TNSRUSD
Gate TNSR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$211.4
- Price spread: +0.084% → 0.000%
- $8.36
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$228.04
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 55 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 Gate live order book, 55 min ago | 4.02 bp | doesn't fit | doesn't fit | doesn't fit | 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 | 0.03776 | +0.190% | $67K | $57K | 3x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03770 | +0.035% | $2.3M | $4.0M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03771 | +0.057% | $1.1M | $573K | 25x | as long as short |
| Gate TNSR_USDTshort | +0.0100% | 4h | 0.03772 | +0.084% | $147K | $118K | 20x | |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03769 | +0.004% | $361K | $193K | 50x | as long as short |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03772 | +0.084% | $1.1M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03770 | +0.031% | $1.7M | $421K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03776 | +0.190% | — | $6.6M | — | as long as short |
| Variational Omni TNSR | +0.0100% | 4h | 0.03780 | +0.290% | $4K | $5K | — | as long as short |
| Aster TNSRUSDT | +0.0392% | 4h | 0.03771 | +0.053% | $19K | $33K | 5x | as long as short |
Hyperliquid TNSR
Binance TNSRUSDT
Bybit TNSRUSDT
MEXC TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDT
BingX TNSR-USDT
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 | +0.1107% | 1h | 0.03769 | long leg | $18K | $18K | 10x |