Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.014%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$900.895% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.014%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TNSR_USDT | 0.03769 | 0.0100 | pay 0.0050% / 4h | 40m 14s | $361K | $193K | 50x |
| Short | Binance TNSRUSDT | 0.03770 | 0.0100 | get 0.0050% / 4h | 40m 14s | $2.3M | $4.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.014% → +0.009%
- $0.52
- Slippage, 4 orders
- −$75.54
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.02
- Costs to cover
- 0.895%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 45 min ago; Binance: live order book, 11 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 MEXC live order book, 45 min ago | 1.33 bp | 14.9 bp −$15 | 68.5 bp −$685 | 200.7 bp −$20.1K | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.33 bp | 33.7 bp −$34 | 190.2 bp −$1,902 | 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 | 0.03773 | +0.106% | $66K | $57K | 3x | as long as short |
| Binance TNSRUSDTshort | +0.0100% | 4h | 0.03770 | +0.014% | $2.3M | $4.0M | 25x | |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03770 | +0.027% | $1.1M | $573K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03772 | +0.080% | $147K | $118K | 20x | as long as short |
| MEXC TNSR_USDTlong | +0.0100% | 4h | 0.03769 | long leg | $361K | $193K | 50x | |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03771 | +0.053% | $1.1M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03770 | +0.027% | $1.7M | $421K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03776 | +0.186% | — | $6.6M | — | as long as short |
| Variational Omni TNSR | +0.0100% | 4h | 0.03780 | +0.286% | $4K | $5K | — | as long as short |
| Aster TNSRUSDT | +0.0392% | 4h | 0.03770 | +0.035% | $19K | $33K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSD | +0.1107% | 1h | 0.03769 | −0.004% | $18K | $18K | 10x | as long as short |
MEXC TNSR_USDT
Binance TNSRUSDT
Hyperliquid TNSR
Bybit TNSRUSDT
Gate TNSR_USDT
KuCoin TNSRUSDTM
Bitget TNSRUSDT
BingX TNSR-USDT
Variational Omni TNSR
Aster TNSRUSDT
Kraken Futures PF_TNSRUSD