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 0.000%
Price spread now: Hyperliquid against MEXC+0.105%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 days0.000%$0 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.105% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TNSR_USDT0.038270.0100pay 0.0050% / 4h3h 10m$385K$198K50x
ShortHyperliquid TNSR0.038310.0100get 0.0013% / 1h10m 55s$68K$58K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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: +0.105% → 0.000%
$10.45
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$2.55
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 25 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 MEXC live order book, 25 min ago2.60 bp15.1 bp −$1580.6 bp −$806189.7 bp −$19.0K563.3 bp −$281.7K
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−0.0258%1h0.03826−0.016%$17K$15K10xas long as short
Hyperliquid TNSRshort+0.0100%1h0.03831+0.105%$68K$58K3x
Aster TNSRUSDT+0.0100%4h0.03829+0.058%$15K$29K5xas long as short
Binance TNSRUSDT+0.0100%4h0.03828+0.032%$2.3M$3.5M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03823−0.105%$1.1M$492K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03828+0.026%$146K$109K20xas long as short
MEXC TNSR_USDTlong+0.0100%4h0.03827long leg$385K$198K50x
KuCoin TNSRUSDTM+0.0100%4h0.03832+0.131%$1.2M$2.2M30xas long as short
Bitget TNSRUSDT+0.0100%4h0.03828+0.026%$1.8M$347K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03825−0.052%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni TNSR+0.0100%4h0.03822−0.123%$6K$4Kas long as short