Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX+0.067%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$620.625% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.067%, 7d avg +0.027%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.040% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TIA-USDC	0.4304	0.0100	pay 0.0050% / 4h	2h 37m	—	$6.5M	—
Short	Binance TIAUSDT	0.4307	0.0100	get 0.0050% / 4h	2h 37m	$14.0M	$41.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.067%Rate

Funding earned: $0
Price spread: +0.067% → +0.027%: $4.01
Slippage, 4 orders: −$42.49
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$58.48
Costs to cover: 0.625%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Binance: live order book, 5 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 BingX live order book, 3 min ago	2.33 bp	21.5 bp −$22	56.1 bp −$561	408.8 bp −$40.9K	703.2 bp −$351.6K
Sell Binance live order book, 5 min ago	1.16 bp	9.7 bp −$10	28.7 bp −$287	110.8 bp −$11.1K	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	−0.0466%	4h	0.4304	0.000%	$9.3M	$13.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0390%	1h	0.4308	+0.102%	$354K	$239K	50x	as long as short
ApeX Omni TIAUSDT	−0.0128%	1h	0.4298	−0.139%	$48K	$235K	50x	as long as short
Gate TIA_USDT	−0.0120%	4h	0.4304	0.000%	$994K	$1.8M	75x	as long as short
OKX TIA-USDT-SWAP	−0.0027%	4h	0.4304	0.000%	$2.7M	$5.7M	50x	as long as short
KuCoin TIAUSDTM	−0.0020%	4h	0.4304	0.000%	$4.1M	$8.6M	50x	as long as short
Variational Omni TIA	−0.0018%	4h	0.4296	−0.185%	$96K	$81K	—	as long as short
Backpack TIA_USDC_PERP	−0.0010%	1h	0.4308	+0.084%	$102K	$151K	10x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4309	+0.116%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4307	+0.071%	$1K	—	150x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0092%	4h	0.4306	+0.038%	$34K	$272K	10x	as long as short
Lighter TIA	+0.0096%	1h	0.4310	+0.144%	$127K	$353K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4304	0.000%	$5K	$360K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4312	+0.181%	$4.2M	$1.5M	5x	as long as short
Binance TIAUSDTshort	+0.0100%	4h	0.4307	+0.067%	$14.0M	$41.1M	75x
MEXC TIA_USDT	+0.0100%	4h	0.4307	+0.070%	$9.0M	$5.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4305	+0.023%	$4.4M	$3.5M	75x	as long as short
BingX TIA-USDClong	+0.0100%	4h	0.4304	long leg	—	$6.5M	—
HTX TIA-USDT	+0.0100%	4h	0.4306	+0.046%	$73K	$15K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4304	−0.011%	$58K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4305	+0.028%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0178%	1h	0.4305	+0.022%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0200%	1h	0.4322	+0.418%	$48K	$71K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4300	−0.093%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4300	−0.093%	$1.0M	$511K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0456% / S −0.3505%	1h	0.4308	+0.084%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0826%	1h	0.4303	−0.027%	$51K	$59	10x	as long as short