Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Binance+0.007%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.007%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.050% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TIAUSDT | 0.4363 | 0.0100 | pay 0.0050% / 4h | 7m 38s | $14.5M | $42.2M | 75x |
| Short | Bybit TIAUSDT | 0.4363 | 0.0100 | get 0.0050% / 4h | 7m 38s | $9.5M | $13.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: +0.007% → −0.043%
- $5
- Slippage, 4 orders
- −$22.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.21
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 6 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 Binance live order book, 4 min ago | 1.15 bp | 10.6 bp −$11 | 22.6 bp −$226 | 136.6 bp −$13.7K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.15 bp | 11.5 bp −$11 | 34.1 bp −$341 | 197.9 bp −$19.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0206% | 4h | 0.4361 | −0.039% | $2.8M | $6.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0163% | 1h | 0.4373 | +0.238% | $359K | $246K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0028% | 4h | 0.4364 | +0.030% | $4.2M | $8.7M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4372 | +0.213% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4372 | +0.219% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0048% | 1h | 0.4367 | +0.099% | $49K | $234K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4370 | +0.170% | $139K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4370 | +0.168% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4373 | +0.230% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4366 | +0.076% | $34K | $268K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDTlong | +0.0100% | 4h | 0.4363 | long leg | $14.5M | $42.2M | 75x | |
| Bybit TIAUSDTshort | +0.0100% | 4h | 0.4363 | +0.007% | $9.5M | $13.2M | 50x | |
| Gate TIA_USDT | +0.0100% | 4h | 0.4366 | +0.076% | $980K | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4366 | +0.076% | $13.3M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4367 | +0.099% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4364 | +0.030% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4371 | +0.186% | $101K | $153K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4356 | −0.156% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4370 | +0.168% | $65K | $44K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4361 | −0.035% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4371 | +0.202% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4368 | +0.121% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.603% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4360 | −0.062% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4369 | +0.145% | $1.2M | $577K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4371 | +0.196% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0727% | 1h | 0.4369 | +0.155% | $52K | $59 | 10x | as long as short |
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]