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

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.035%
Price spread now: Hyperliquid against KuCoin0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TNSRUSDTM0.038750.0100pay 0.0050% / 4h3h 55m$1.2M$2.2M30x
ShortHyperliquid TNSR0.038750.0100get 0.0013% / 1h55m 13s$69K$59K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$21
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 1 min ago; Hyperliquid: no order-book sample. Net counts fees only.

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, 1 min ago6.46 bp87.8 bp −$88doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid no order-book sample
Hyperliquid: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TNSR on 11 venues

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−0.0255%1h0.03872−0.084%$18K$15K10xas long as short
Hyperliquid TNSRshort+0.0100%1h0.038750.000%$69K$59K3x
Aster TNSRUSDT+0.0100%4h0.03867−0.216%$15K$28K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03876+0.025%$2.3M$3.5M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03871−0.103%$1.2M$486K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03868−0.181%$147K$108K20xas long as short
MEXC TNSR_USDT+0.0100%4h0.03877+0.052%$390K$195K50xas long as short
KuCoin TNSRUSDTMlong+0.0100%4h0.03875long leg$1.2M$2.2M30x
Bitget TNSRUSDT+0.0100%4h0.03871−0.103%$1.8M$338K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03867−0.206%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03860−0.379%$6K$4Kas long as short