Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Binance against KuCoin+0.079%7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3423.419% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days−0.265%−$26 · spread now +0.079%, 7d avg −0.162%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.240% dearer against KuCoin than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.162%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TNSRUSDTM | 0.03812 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $1.2M | $2.2M | 30x |
| Short | Binance TNSRUSDT | 0.03815 | 0.0100 | get 0.0050% / 4h | 2h 50m | $2.3M | $3.6M | 25x |
KuCoin TNSRUSDTM
Binance TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $0
- Price spread: +0.079% → −0.162%
- $24.04
- Slippage, 4 orders
- −$319.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$317.83
- Costs to cover
- 3.419%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, just now.
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 KuCoin live order book, 1 min ago | 1.31 bp | 84.4 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, just now | 1.31 bp | 35.6 bp −$36 | 208.1 bp −$2,081 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSD | −0.0250% | 1h | 0.03809 | −0.070% | $18K | $16K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03816 | +0.105% | $69K | $58K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03812 | −0.011% | $19K | $33K | 5x | as long as short |
| Binance TNSRUSDTshort | +0.0100% | 4h | 0.03815 | +0.079% | $2.3M | $3.6M | 25x | |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03809 | −0.079% | $1.1M | $510K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03810 | −0.052% | $146K | $110K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03803 | −0.236% | $365K | $192K | 50x | as long as short |
| KuCoin TNSRUSDTMlong | +0.0100% | 4h | 0.03812 | long leg | $1.2M | $2.2M | 30x | |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03812 | 0.000% | $1.8M | $365K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03811 | −0.026% | — | $6.5M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Bybit TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
Bitget TNSRUSDT
BingX TNSR-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TNSR | +0.0100% | 4h | 0.03808 | −0.109% | $6K | $4K | — | as long as short |
Variational Omni TNSR