Funding you earn now, next payment 07:00 UTC+0.0828%/8h= +90.6% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against KuCoin−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.067% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$25 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TNSRUSDTM | 0.03753 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $1.1M | $2.2M | 30x |
| Short | Kraken Futures PF_TNSRUSD | 0.03750 | 0.0928 | get 0.0116% / 1h | 23m 34s | $18K | $18K | 10x |
KuCoin TNSRUSDTM
Kraken Futures PF_TNSRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $173.78
- Price spread: −0.067% → 0.000%
- −$6.68
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $145.1
- Costs to cover
- 0.220%
- Break-even
- 1.2 days
Slippage unknown: KuCoin: live order book, 3 min ago; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 6.66 bp | 93.6 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TNSR | +0.0100% | 1h | 0.03756 | +0.080% | $67K | $59K | 3x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03755 | +0.053% | $2.3M | $3.9M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03753 | 0.000% | $1.1M | $565K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03755 | +0.053% | $147K | $117K | 20x | as long as short |
| MEXC TNSR_USDT | +0.0100% | 4h | 0.03755 | +0.053% | $353K | $196K | 50x | as long as short |
| KuCoin TNSRUSDTMlong | +0.0100% | 4h | 0.03753 | long leg | $1.1M | $2.2M | 30x | |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03753 | 0.000% | $1.7M | $422K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03753 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni TNSR | +0.0100% | 4h | 0.03750 | −0.071% | $4K | $5K | — | as long as short |
| Aster TNSRUSDT | +0.0154% | 4h | 0.03748 | −0.133% | $19K | $33K | 5x | as long as short |
Hyperliquid TNSR
Binance TNSRUSDT
Bybit 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_TNSRUSDshort | +0.0928% | 1h | 0.03750 | −0.067% | $18K | $18K | 10x |