TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h −0.012%

Price spread now: OKX against Binance−0.069%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.069%, 7d avg −0.046%

Together, before fees+0.001%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.023% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.046%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.57 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	0.4378	0.0100	pay 0.0050% / 4h	3h 59m	$14.5M	$42.1M	75x
Short	OKX TIA-USDT-SWAP	0.4375	−0.0214	pay 0.0107% / 4h	3h 59m	$2.8M	$6.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$65.89
Price spread: −0.069% → −0.046%: −$2.27
Slippage, 4 orders: −$27.45
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$115.61
Costs to cover: 0.475%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; OKX: live order book, 3 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, 12 min ago	1.15 bp	10.6 bp −$11	22.6 bp −$226	136.6 bp −$13.7K	doesn't fit
Sell OKX live order book, 3 min ago	1.14 bp	13.5 bp −$13	41.4 bp −$414	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
OKX TIA-USDT-SWAPshort	−0.0214%	4h	0.4375	−0.069%	$2.8M	$6.1M	50x
Kraken Futures PF_TIAUSD	−0.0162%	1h	0.4387	+0.212%	$361K	$246K	50x	as long as short
KuCoin TIAUSDTM	−0.0046%	4h	0.4376	−0.046%	$4.2M	$8.8M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4386	+0.183%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4387	+0.210%	$1K	—	150x	as long as short
ApeX Omni TIAUSDT	+0.0066%	1h	0.4378	0.000%	$49K	$235K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4387	+0.201%	$140K	$359K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4386	+0.183%	$5K	$364K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4390	+0.263%	$4.5M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4383	+0.122%	$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	0.4378	long leg	$14.5M	$42.1M	75x
Bybit TIAUSDT	+0.0100%	4h	0.4375	−0.069%	$9.6M	$13.2M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4385	+0.160%	$984K	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4382	+0.091%	$13.3M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4377	−0.023%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4378	0.000%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4384	+0.132%	$101K	$153K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4383	+0.112%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4385	+0.160%	$58K	$68K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4379	+0.032%	$56K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4385	+0.148%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4383	+0.107%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0208%	1h	0.4389	+0.251%	$51K	$77K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4381	+0.069%	$27K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4387	+0.206%	$1.2M	$579K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0460% / S −0.3505%	1h	0.4387	+0.205%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0694%	1h	0.4385	+0.168%	$52K	$59	10x	as long as short