Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against BingX+0.135%96s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.135%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.097% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TIA-USDC | 0.4453 | 0.0100 | pay 0.0050% / 4h | 3h 59m | — | $6.5M | — |
| Short | BloFin TIA-USDT | 0.4459 | 0.0340 | get 0.0170% / 4h | 3h 59m | $1.7M | $719K | 75x |
BingX TIA-USDC
BloFin TIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $50.4
- Price spread: +0.135% → +0.038%
- $9.69
- Slippage, 4 orders
- −$50.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$11.93
- Costs to cover
- 0.720%
- Break-even
- 8.7 days
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 8 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, 6 min ago | 3.37 bp | 20.1 bp −$20 | 57.9 bp −$579 | 402.4 bp −$40.2K | 677.9 bp −$339.0K |
| Sell BloFin live order book, 8 min ago | 3.37 bp | 15.1 bp −$15 | 26.8 bp −$268 | 70.7 bp −$7,074 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC] | L −0.1532% / S +0.0099% | 1h | 0.4455 | +0.042% | $5K | — | 100x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0199% | 1h | 0.4454 | +0.022% | $31K | $25K | 25x | as long as short |
| ApeX Omni TIAUSDT | −0.0089% | 1h | 0.4442 | −0.247% | $51K | $225K | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0007% | 1h | 0.4456 | +0.079% | $352K | $212K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4451 | −0.044% | $1K | — | 150x | as long as short |
| Injective TIA/USDC PERP | +0.0014% | 1h | 0.4450 | −0.067% | $24K | $12K | 12x | as long as short |
| OKX TIA-USDT-SWAP | +0.0038% | 4h | 0.4446 | −0.157% | $2.8M | $6.8M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4459 | +0.135% | $194K | $464K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4452 | −0.022% | $7K | $227K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4455 | +0.038% | $4.8M | $1.5M | 5x | as long as short |
GMX TIA/USD [ETH-USDC]
Deribit TIA_USDC-PERPETUAL
ApeX Omni TIAUSDT
Kraken Futures PF_TIAUSD
gTrade (Gains Network) TIA/USD
Injective TIA/USDC PERP
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4453 | −0.003% | $33K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4450 | −0.078% | $14.1M | $48.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4449 | −0.090% | $10.2M | $14.1M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4456 | +0.067% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4450 | −0.067% | $12.3M | $14.1M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4451 | −0.045% | $4.3M | $10.0M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4447 | −0.135% | $4.4M | $4.1M | 75x | as long as short |
| BingX TIA-USDClong | +0.0100% | 4h | 0.4453 | long leg | — | $6.5M | — | |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4456 | +0.056% | $103K | $174K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4456 | +0.076% | $136K | $78K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4457 | +0.090% | $59K | $76K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4451 | −0.035% | $57K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4453 | 0.000% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4451 | −0.046% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0220% | 1h | 0.4457 | +0.092% | $53K | $139 | 10x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4459 | +0.135% | $1.7M | $719K | 75x | |
| Coinbase International TIA-PERP-INTX | +0.0432% | 1h | 0.4459 | +0.135% | $52K | $104K | 50x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
dYdX TIA-USD
Coinbase International TIA-PERP-INTX