Settings8H · net · $10k
Funding arb · Price arb /

TNSR

all TNSR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.027%7-day average +0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2472.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.027%, 7d avg +0.177%
Together, before fees+0.210%+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.203% cheaper against MEXC than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.177%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TNSR_USDT0.037490.0100pay 0.0050% / 4h1h 49m$352K$183K50x
ShortKuCoin TNSRUSDTM0.037480.0100get 0.0050% / 4h1h 49m$1.1M$2.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.027% → +0.177%
−$20.34
Slippage, 4 orders
−$231.24
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$267.58
Costs to cover
2.472%
Break-even
never at this rate
Slippage from MEXC: live order book, 56 min ago; KuCoin: live order book, 5 min ago.

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, 56 min ago2.66 bp13.5 bp −$1450.3 bp −$503213.2 bp −$21.3Kdoesn't fit
Sell KuCoin live order book, 5 min ago5.32 bp132.2 bp −$132doesn't fitdoesn't fitdoesn't fit

TNSR on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TNSR+0.0100%1h0.037490.000%$65K$55K3xas long as short
Binance TNSRUSDT+0.0100%4h0.03750+0.022%$2.2M$3.9M25xas long as short
Bybit TNSRUSDT+0.0100%4h0.03744−0.133%$1.1M$608K25xas long as short
Gate TNSR_USDT+0.0100%4h0.03748−0.027%$149K$118K20xas long as short
MEXC TNSR_USDTlong+0.0100%4h0.03749long leg$352K$183K50x
KuCoin TNSRUSDTMshort+0.0100%4h0.03748−0.027%$1.1M$2.1M30x
Bitget TNSRUSDT+0.0100%4h0.03746−0.080%$1.7M$414K25xas long as short
BingX TNSR-USDT+0.0100%4h0.03745−0.107%$6.6Mas long as short
Variational Omni TNSR+0.0100%4h0.03749+0.001%$2K$7Kas long as short
Aster TNSRUSDT+0.0179%4h0.03745−0.110%$17K$35K5xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TNSRUSD+0.0180%1h0.03745−0.102%$16K$21K10xas long as short