TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.036%

Price spread now: Gate against Binance−0.046%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$740.743% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 7 days+0.070%+$7 · spread now −0.046%, 7d avg −0.013%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.033% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.013%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TIAUSDT	0.4315	0.0100	pay 0.0050% / 4h	2h 51m	$14.1M	$41.2M	75x
Short	Gate TIA_USDT	0.4313	−0.0118	pay 0.0059% / 4h	2h 51m	$997K	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.046%Rate

Funding earned: −$45.78
Price spread: −0.046% → −0.013%: −$3.31
Slippage, 4 orders: −$49.27
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$123.36
Costs to cover: 0.743%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Gate: live order book, 1 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, 6 min ago	1.16 bp	8.6 bp −$9	17.2 bp −$172	111.5 bp −$11.2K	doesn't fit
Sell Gate live order book, 1 min ago	3.48 bp	28.0 bp −$28	75.0 bp −$750	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
Bybit TIAUSDT	−0.0609%	4h	0.4313	−0.046%	$9.4M	$13.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0390%	1h	0.4319	+0.081%	$355K	$239K	50x	as long as short
ApeX Omni TIAUSDT	−0.0292%	1h	0.4306	−0.209%	$48K	$235K	50x	as long as short
Backpack TIA_USDC_PERP	−0.0174%	1h	0.4310	−0.125%	$102K	$158K	10x	as long as short
Gate TIA_USDTshort	−0.0118%	4h	0.4313	−0.046%	$997K	$1.8M	75x
OKX TIA-USDT-SWAP	−0.0009%	4h	0.4311	−0.093%	$2.7M	$5.8M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4318	+0.070%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4317	+0.046%	$1K	—	150x	as long as short
KuCoin TIAUSDTM	+0.0004%	4h	0.4313	−0.046%	$4.2M	$8.6M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4321	+0.151%	$127K	$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	0.4316	+0.023%	$5K	$360K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4287	−0.638%	$96K	$81K	—	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4321	+0.137%	$4.2M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4314	−0.024%	$34K	$272K	10x	as long as short
Binance TIAUSDTlong	+0.0100%	4h	0.4315	long leg	$14.1M	$41.2M	75x
MEXC TIA_USDT	+0.0100%	4h	0.4314	−0.023%	$9.1M	$5.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4316	+0.023%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4312	−0.070%	—	$6.5M	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4314	−0.023%	$73K	$15K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4313	−0.049%	$71K	$156K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4319	+0.085%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0178%	1h	0.4311	−0.083%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0200%	1h	0.4315	0.000%	$48K	$71K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4314	−0.023%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4317	+0.046%	$995K	$510K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0456% / S −0.3505%	1h	0.4318	+0.066%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0787%	1h	0.4310	−0.116%	$51K	$59	10x	as long as short