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: Bybit against KuCoin−0.160%7-day average −0.273% · you buy dearer than you sell
Net, funding: paid 7d − costs−$677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$654as in the Price arb table
costs, in and out, $10k−$6656.650% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now −0.160%, 7d avg −0.273%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.114% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.273%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TNSRUSDTM | 0.03759 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $1.1M | $2.2M | 30x |
| Short | Bybit TNSRUSDT | 0.03753 | 0.0100 | get 0.0050% / 4h | 3h 44m | $1.1M | $590K | 25x |
KuCoin TNSRUSDTM
Bybit TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.160% → −0.273%
- $11.37
- Slippage, 4 orders
- −$642.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$653.67
- Costs to cover
- 6.650%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 1 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, 2 min ago | 4.00 bp | 101.2 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.99 bp | 59.0 bp −$59 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TNSR | +0.0100% | 1h | 0.03760 | +0.027% | $66K | $57K | 3x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03759 | +0.005% | $2.3M | $4.0M | 25x | as long as short |
| Bybit TNSRUSDTshort | +0.0100% | 4h | 0.03753 | −0.160% | $1.1M | $590K | 25x | |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03760 | +0.027% | $148K | $118K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03758 | −0.027% | $348K | $193K | 50x | as long as short |
| KuCoin TNSRUSDTMlong | +0.0100% | 4h | 0.03759 | long leg | $1.1M | $2.2M | 30x | |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03756 | −0.080% | $1.7M | $430K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03757 | −0.053% | — | $6.6M | — | as long as short |
| Variational Omni TNSR | +0.0100% | 4h | 0.03748 | −0.282% | $4K | $5K | — | as long as short |
| Aster TNSRUSDT | +0.0486% | 4h | 0.03753 | −0.169% | $19K | $33K | 5x | as long as short |
Hyperliquid TNSR
Binance TNSRUSDT
Gate TNSR_USDT
MEXC TNSR_USDT
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_TNSRUSD | +0.1913% | 1h | 0.03757 | −0.046% | $18K | $18K | 10x | as long as short |
Kraken Futures PF_TNSRUSD