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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin+0.027%7-day average −0.197% · you sell dearer than you buy
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$343as in the Price arb table
costs, in and out, $10k−$3663.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 7 days−0.204%−$20 · spread now +0.027%, 7d avg −0.197%
Together, before fees−0.266%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.224% dearer against KuCoin than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.197%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TNSRUSDTM0.037140.0100pay 0.0050% / 4h47m 47s$1.1M$2.1M30x
ShortBingX TNSR-USDT0.037150.0100get 0.0050% / 4h47m 47s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$0
Price spread: +0.027% → −0.197%
$22.39
Slippage, 4 orders
−$343.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$343.31
Costs to cover
3.657%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago5.39 bp91.0 bp −$91doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago4.05 bp36.0 bp −$36153.3 bp −$1,5331101.0 bp −$110.1K1352.4 bp −$676.2K

TNSR on 11 exchanges

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_TNSRUSD−0.0236%1h0.03717+0.073%$16K$21K10xas long as short
Hyperliquid TNSR+0.0100%1h0.03721+0.188%$65K$54K3xas long as short
Aster TNSRUSDT+0.0100%4h0.03713−0.017%$17K$35K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03718+0.108%$2.2M$3.9M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03712−0.054%$1.0M$634K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03712−0.054%$145K$100K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03718+0.108%$332K$176K50xas long as short
KuCoin TNSRUSDTMlong+0.0100%4h0.03714long leg$1.1M$2.1M30x
Bitget TNSRUSDT+0.0100%4h0.03716+0.054%$1.7M$411K25xas long as short
BingX TNSR-USDTshort+0.0100%4h0.03715+0.027%$6.5M
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03703−0.309%$2K$6Kas long as short