Funding you earn now, next payment 05:00 UTC−0.0356%/8h= −39.0% APRpaid last 24h −0.007%
Price spread now: Kraken Futures against MEXC−0.006%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TNSR_USDT | 0.03859 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $389K | $196K | 50x |
| Short | Kraken Futures PF_TNSRUSD | 0.03859 | −0.0256 | pay 0.0032% / 1h | 47m 02s | $18K | $15K | 10x |
MEXC TNSR_USDT
Kraken Futures PF_TNSRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$74.75
- Price spread: −0.006% → 0.000%
- −$0.62
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$89.38
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 54 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 MEXC live order book, 54 min ago | 1.29 bp | 15.5 bp −$16 | 93.4 bp −$934 | 210.5 bp −$21.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSDshort | −0.0256% | 1h | 0.03859 | −0.006% | $18K | $15K | 10x | |
| Hyperliquid TNSR | +0.0100% | 1h | 0.03860 | +0.026% | $69K | $59K | 3x | as long as short |
| Aster TNSRUSDT | +0.0100% | 4h | 0.03861 | +0.059% | $15K | $28K | 5x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03859 | +0.011% | $2.3M | $3.5M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03854 | −0.130% | $1.2M | $488K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03857 | −0.052% | $146K | $109K | 20x | as long as short |
| MEXC TNSR_USDTlong | +0.0100% | 4h | 0.03859 | long leg | $389K | $196K | 50x | |
| KuCoin TNSRUSDTM | +0.0100% | 4h | 0.03863 | +0.104% | $1.2M | $2.2M | 30x | as long as short |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03858 | −0.026% | $1.8M | $349K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03858 | −0.026% | — | $6.5M | — | as long as short |
Hyperliquid TNSR
Aster TNSRUSDT
Binance TNSRUSDT
Bybit 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 | 0.03863 | +0.112% | $6K | $4K | — | as long as short |
Variational Omni TNSR