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: Bybit against MEXC−0.134%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2202.195% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.134%, 7d avg −0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TNSR_USDT | 0.03736 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $340K | $199K | 50x |
| Short | Bybit TNSRUSDT | 0.03731 | 0.0100 | get 0.0050% / 4h | 2h 14m | $1.1M | $554K | 25x |
MEXC TNSR_USDT
Bybit TNSRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.134% → −0.088%
- −$4.63
- Slippage, 4 orders
- −$204.51
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$224.14
- Costs to cover
- 2.195%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 15 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 MEXC live order book, 15 min ago | 1.35 bp | 13.2 bp −$13 | 93.4 bp −$934 | 196.3 bp −$19.6K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.68 bp | 88.9 bp −$89 | 801.4 bp −$8,014 | 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 | −0.0256% | 1h | 0.03732 | −0.120% | $17K | $18K | 10x | as long as short |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03735 | −0.027% | $66K | $59K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03727 | −0.242% | $19K | $33K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03737 | +0.020% | $2.2M | $3.9M | 25x | as long as short |
| Bybit TNSRUSDTshort | +0.0100% | 4h | 0.03731 | −0.134% | $1.1M | $554K | 25x | |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03730 | −0.161% | $146K | $117K | 20x | as long as short |
| MEXC TNSR_USDTlong | +0.0100% | 4h | 0.03736 | long leg | $340K | $199K | 50x | |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03736 | 0.000% | $1.1M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03733 | −0.080% | $1.7M | $417K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03735 | −0.027% | — | $6.6M | — | as long as short |
Kraken Futures PF_TNSRUSD
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Gate TNSR_USDT
KuCoin TNSRUSDTM
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 | −0.137% | $4K | $5K | — | as long as short |
Variational Omni TNSR