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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TNSR_USDT | 0.03749 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $352K | $183K | 50x |
| Short | KuCoin TNSRUSDTM | 0.03748 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1.1M | $2.1M | 30x |
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 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: −0.027% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 56 min ago | 2.66 bp | 13.5 bp −$14 | 50.3 bp −$503 | 213.2 bp −$21.3K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.32 bp | 132.2 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
TNSR on 11 exchanges
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 | 0.03749 | 0.000% | $65K | $55K | 3x | as long as short |
| Binance TNSRUSDT | +0.0100% | 4h | 0.03750 | +0.022% | $2.2M | $3.9M | 25x | as long as short |
| Bybit TNSRUSDT | +0.0100% | 4h | 0.03744 | −0.133% | $1.1M | $608K | 25x | as long as short |
| Gate TNSR_USDT | +0.0100% | 4h | 0.03748 | −0.027% | $149K | $118K | 20x | as long as short |
| MEXC TNSR_USDTlong | +0.0100% | 4h | 0.03749 | long leg | $352K | $183K | 50x | |
| KuCoin TNSRUSDTMshort | +0.0100% | 4h | 0.03748 | −0.027% | $1.1M | $2.1M | 30x | |
| Bitget TNSRUSDT | +0.0100% | 4h | 0.03746 | −0.080% | $1.7M | $414K | 25x | as long as short |
| BingX TNSR-USDT | +0.0100% | 4h | 0.03745 | −0.107% | — | $6.6M | — | as long as short |
| Variational Omni TNSR | +0.0100% | 4h | 0.03749 | +0.001% | $2K | $7K | — | as long as short |
| Aster TNSRUSDT | +0.0179% | 4h | 0.03745 | −0.110% | $17K | $35K | 5x | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TNSRUSD | +0.0180% | 1h | 0.03745 | −0.102% | $16K | $21K | 10x | as long as short |
MEXC TNSR_USDT
KuCoin TNSRUSDTM
Hyperliquid TNSR
Binance TNSRUSDT
Bybit TNSRUSDT
Gate TNSR_USDT
Bitget TNSRUSDT
BingX TNSR-USDT
Variational Omni TNSR
Aster TNSRUSDT
Kraken Futures PF_TNSRUSD