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+0.0356%/8h= +39.0% APRpaid last 24h +0.007%
Price spread now: MEXC against Kraken Futures+0.006%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TNSRUSD0.03859−0.0256get 0.0032% / 1h47m 02s$18K$15K10x
ShortMEXC TNSR_USDT0.038590.0100get 0.0050% / 4h3h 47m$389K$196K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$74.75
Price spread: +0.006% → 0.000%
$0.62
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$61.38
Costs to cover
0.140%
Break-even
1.3 days
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 54 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 Kraken Futures no order-book sample
Sell MEXC live order book, 54 min ago1.29 bp11.8 bp −$12102.1 bp −$1,021214.4 bp −$21.4Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSDlong−0.0256%1h0.03859long leg$18K$15K10x
Hyperliquid TNSR+0.0100%1h0.03860+0.032%$69K$59K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03861+0.065%$15K$28K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03859+0.017%$2.3M$3.5M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03854−0.123%$1.2M$488K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03857−0.046%$146K$109K20xas long as short
MEXC TNSR_USDTshort+0.0100%4h0.03859+0.006%$389K$196K50x
KuCoin TNSRUSDTM+0.0100%4h0.03863+0.110%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03858−0.020%$1.8M$349K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03858−0.020%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03863+0.118%$6K$4Kas long as short