Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: BingX against Backpack−0.030%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.030%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TIA_USDC_PERP | 0.4327 | 0.0100 | pay 0.0013% / 1h | 15m 55s | $103K | $150K | 10x |
| Short | BingX TIA-USDT | 0.4326 | 0.0100 | get 0.0050% / 4h | 2h 15m | — | $101.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Backpack. 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: −0.030% → −0.014%
- −$1.62
- Slippage, 4 orders
- −$27.74
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$49.36
- Costs to cover
- 0.477%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 7 min ago; BingX: live order book, 8 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 Backpack live order book, 7 min ago | 1.61 bp | 12.5 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.15 bp | 8.8 bp −$9 | 23.1 bp −$231 | 82.4 bp −$8,241 | 418.2 bp −$209.1K |
TIA on 27 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_TIAUSD | −0.0388% | 1h | 0.4333 | +0.125% | $356K | $239K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0212% | 1h | 0.4329 | +0.039% | $30K | $27K | 25x | as long as short |
| Bybit TIAUSDT | −0.0093% | 4h | 0.4324 | −0.076% | $9.4M | $13.0M | 50x | as long as short |
| Gate TIA_USDT | −0.0054% | 4h | 0.4327 | −0.007% | $998K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0043% | 1h | 0.4336 | +0.201% | $49K | $235K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0039% | 4h | 0.4326 | −0.030% | $2.7M | $5.8M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0022% | 4h | 0.4326 | −0.030% | $4.2M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4330 | +0.062% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0066% | 4h | 0.4334 | +0.161% | $101K | $85K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4332 | +0.109% | $128K | $353K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4328 | +0.016% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4334 | +0.150% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4327 | −0.015% | $35K | $272K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4328 | +0.016% | $14.1M | $41.0M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4328 | +0.016% | $9.1M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4325 | −0.053% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDTshort | +0.0100% | 4h | 0.4326 | −0.030% | — | $101.0M | — | |
| Backpack TIA_USDC_PERPlong | +0.0100% | 1h | 0.4327 | long leg | $103K | $150K | 10x | |
| HTX TIA-USDT | +0.0100% | 4h | 0.4327 | −0.007% | $64K | $38K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4324 | −0.071% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4327 | −0.007% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4325 | −0.056% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4345 | +0.409% | $48K | $72K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4331 | +0.086% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4334 | +0.155% | $1.0M | $543K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4329 | +0.042% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0819% | 1h | 0.4334 | +0.150% | $51K | $59 | 10x | as long as short |
Backpack TIA_USDC_PERP
BingX TIA-USDT
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
Bybit TIAUSDT
Gate TIA_USDT
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
Variational Omni TIA
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]