Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%
Price spread now: Bitget against KuCoin−0.130%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$356as in the Price arb table
costs, in and out, $10k−$3593.587% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.130%, 7d avg −0.161%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.161%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TNSRUSDTM | 0.03856 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $1.2M | $2.2M | 30x |
| Short | Bitget TNSRUSDT | 0.03851 | 0.0100 | get 0.0050% / 4h | 1h 31m | $1.8M | $324K | 25x |
KuCoin TNSRUSDTM
Bitget TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.130% → −0.161%
- $3.09
- Slippage, 4 orders
- −$334.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$355.66
- Costs to cover
- 3.587%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 5 min ago.
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, 5 min ago | 6.51 bp | 83.3 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.22 bp | 44.3 bp −$44 | 197.8 bp −$1,978 | 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 | −0.0157% | 1h | 0.03854 | −0.040% | $18K | $15K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03856 | 0.000% | $69K | $60K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03849 | −0.175% | $15K | $28K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03857 | +0.022% | $2.3M | $3.5M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03853 | −0.078% | $1.2M | $478K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03856 | 0.000% | $151K | $106K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03855 | −0.026% | $376K | $195K | 50x | as long as short |
| KuCoin TNSRUSDTMlong | +0.0100% | 4h | 0.03856 | long leg | $1.2M | $2.2M | 30x | |
| Bitget TNSRUSDTshort | +0.0100% | 4h | 0.03851 | −0.130% | $1.8M | $324K | 25x | |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03855 | −0.026% | — | $6.5M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Bybit TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
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 | 0.03836 | −0.525% | $6K | $4K | — | as long as short |
Variational Omni TNSR