Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Bitget against Backpack−0.078%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.078%, 7d avg −0.072%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TIA_USDC_PERP | 0.4362 | 0.0100 | pay 0.0013% / 1h | 0m 48s | $101K | $151K | 10x |
| Short | Bitget TIAUSDT | 0.4359 | 0.0100 | get 0.0050% / 4h | 1h 00m | $4.5M | $3.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.078% → −0.072%
- −$0.6
- Slippage, 4 orders
- −$35.37
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.98
- Costs to cover
- 0.574%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 17 min ago; Bitget: live order book, 2 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, 17 min ago | 1.62 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.15 bp | 14.0 bp −$14 | 38.5 bp −$385 | doesn't fit | doesn't fit |
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 | −0.0227% | 1h | 0.4361 | −0.038% | $356K | $243K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0145% | 4h | 0.4358 | −0.101% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0036% | 4h | 0.4359 | −0.078% | $4.2M | $8.6M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4361 | −0.032% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4361 | −0.026% | $1K | — | 150x | as long as short |
| Gate TIA_USDT | +0.0004% | 4h | 0.4361 | −0.032% | $1.0M | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | +0.0009% | 1h | 0.4354 | −0.193% | $49K | $236K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4364 | +0.044% | $139K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4358 | −0.101% | $5K | $363K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4341 | −0.493% | $101K | $84K | — | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4366 | +0.078% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4362 | −0.014% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4362 | −0.005% | $14.5M | $42.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4360 | −0.055% | $9.5M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4362 | −0.009% | $14.0M | $6.8M | 300x | as long as short |
| Bitget TIAUSDTshort | +0.0100% | 4h | 0.4359 | −0.078% | $4.5M | $3.5M | 75x | |
| BingX TIA-USDT | +0.0100% | 4h | 0.4360 | −0.055% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERPlong | +0.0100% | 1h | 0.4362 | long leg | $101K | $151K | 10x | |
| HTX TIA-USDT | +0.0100% | 4h | 0.4354 | −0.193% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4359 | −0.075% | $57K | $168K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4360 | −0.044% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4357 | −0.124% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4356 | −0.147% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4366 | +0.083% | $48K | $73K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4360 | −0.055% | $1.1M | $563K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4361 | −0.034% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0739% | 1h | 0.4359 | −0.072% | $52K | $59 | 10x | as long as short |
Backpack TIA_USDC_PERP
Bitget TIAUSDT
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
ApeX Omni TIAUSDT
Lighter TIA
Variational Omni TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
BingX TIA-USDT
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]