Funding you earn now, next payment 03:00 UTC+0.1096%/8h= +120.0% APRpaid last 24h +0.498%
Price spread now: GMX against Binance+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and GMX is 0.052% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TIAUSDT | 0.4405 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $14.5M | $42.6M | 75x |
| Short | GMX TIA/USD [ETH-USDC] | 0.4408 | L +0.0494% / S −0.1196% | get 0.0149% / 1h | 38m 10s | $40K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $230.15
- Price spread: +0.052% → 0.000%
- $5.2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $213.35
- Costs to cover
- 0.220%
- Break-even
- 0.5 days
Slippage unknown: Binance: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
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 | 1.13 bp | 13.1 bp −$13 | 26.7 bp −$267 | 154.7 bp −$15.5K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0033% | 4h | 0.4401 | −0.099% | $9.5M | $13.3M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0025% | 1h | 0.4421 | +0.355% | $50K | $232K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4408 | +0.060% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4409 | +0.081% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0010% | 4h | 0.4406 | +0.015% | $4.2M | $9.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0038% | 4h | 0.4403 | −0.054% | $2.8M | $6.1M | 50x | as long as short |
| Variational Omni TIA | +0.0067% | 4h | 0.4404 | −0.039% | $103K | $84K | — | as long as short |
| Kraken Futures PF_TIAUSD | +0.0075% | 1h | 0.4409 | +0.071% | $360K | $206K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4413 | +0.183% | $156K | $414K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4414 | +0.192% | $4.7M | $1.6M | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4408 | +0.066% | $32K | $246K | 10x | as long as short |
| Binance TIAUSDTlong | +0.0100% | 4h | 0.4405 | long leg | $14.5M | $42.6M | 75x | |
| Gate TIA_USDT | +0.0100% | 4h | 0.4410 | +0.105% | $992K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4406 | +0.015% | $12.3M | $6.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4403 | −0.054% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4406 | +0.015% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4406 | +0.012% | $102K | $155K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4405 | −0.008% | $5K | $317K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4417 | +0.264% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4404 | −0.024% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4407 | +0.037% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4405 | −0.013% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0207% | 1h | 0.4414 | +0.199% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4407 | +0.037% | $1.4M | $707K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4430 | +0.559% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC]short | L +0.0494% / S −0.1196% | 1h | 0.4408 | +0.052% | $40K | — | 100x | |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4428 | +0.514% | $26K | $10K | 12x | as long as short |
Binance TIAUSDT
GMX TIA/USD [ETH-USDC]
Bybit TIAUSDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Variational Omni TIA
Kraken Futures PF_TIAUSD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP