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: Gate against KuCoin−0.294%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,436as in the Price arb table
costs, in and out, $10k−$1,42314.231% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.294%, 7d avg −0.164%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.130% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TNSRUSDTM | 0.03741 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $1.1M | $2.2M | 30x |
| Short | Gate TNSR_USDT | 0.03730 | 0.0100 | get 0.0050% / 4h | 2h 13m | $146K | $117K | 20x |
KuCoin TNSRUSDTM
Gate TNSR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.294% → −0.164%
- −$13.03
- Slippage, 4 orders
- −$1,396.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,436.09
- Costs to cover
- 14.231%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 27 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, 3 min ago | 1.34 bp | 130.9 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 min ago | 5.36 bp | 308.4 bp −$308 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSD | −0.0255% | 1h | 0.03741 | +0.006% | $18K | $18K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03745 | +0.107% | $67K | $59K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03733 | −0.208% | $19K | $33K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03747 | +0.160% | $2.3M | $3.9M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03743 | +0.053% | $1.1M | $555K | 25x | as long as short |
| Gate TNSR_USDTshort | +0.0100% | 4h | 0.03730 | −0.294% | $146K | $117K | 20x | |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03746 | +0.134% | $340K | $199K | 50x | as long as short |
| KuCoin TNSRUSDTMlong | +0.0100% | 4h | 0.03741 | long leg | $1.1M | $2.2M | 30x | |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03745 | +0.107% | $1.7M | $417K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03741 | 0.000% | — | $6.5M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Bybit TNSRUSDT
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 | 0.03731 | −0.270% | $4K | $5K | — | as long as short |
Variational Omni TNSR