Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0154%/8h= −16.9% APRnext payment $0.77 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against BingX−0.023%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 days+0.070%+$7 · spread now −0.023%, 7d avg +0.018%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.040% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TIA-USDT0.43710.0100pay 0.0050% / 4h3h 56m$99.1M
ShortKuCoin TIAUSDTM0.4370−0.0054pay 0.0027% / 4h3h 56m$4.2M$8.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$32.34
Price spread: −0.023% → +0.018%
−$4.05
Slippage, 4 orders
−$51.62
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$110
Costs to cover
0.736%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago1.14 bp9.4 bp −$916.9 bp −$16962.6 bp −$6,263372.6 bp −$186.3K
Sell KuCoin live order book, 2 min ago1.14 bp21.8 bp −$2276.4 bp −$764doesn't fitdoesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT−0.0381%4h0.43710.000%$9.6M$13.1M50xas long as short
OKX TIA-USDT-SWAP−0.0210%4h0.43710.000%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4375+0.091%$360K$247K50xas long as short
KuCoin TIAUSDTMshort−0.0054%4h0.4370−0.023%$4.2M$8.8M50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4373+0.046%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4374+0.074%$1K150xas long as short
Backpack TIA_USDC_PERP+0.0035%1h0.4374+0.064%$104K$154K10xas long as short
ApeX Omni TIAUSDT+0.0072%1h0.4384+0.297%$49K$234K50xas long as short
Lighter TIA+0.0096%1h0.4379+0.178%$139K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4372+0.023%$5K$364K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4380+0.210%$4.5M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.43710.000%$34K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4374+0.069%$14.6M$41.9M75xas long as short
Gate TIA_USDT+0.0100%4h0.4373+0.046%$982K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4374+0.069%$13.3M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4372+0.023%$4.5M$3.4M75xas long as short
BingX TIA-USDTlong+0.0100%4h0.4371long leg$99.1M
Variational Omni TIA+0.0100%4h0.4372+0.021%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4372+0.023%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4369−0.042%$56K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4376+0.125%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4381+0.229%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4367−0.081%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.412%$51K$77K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4370−0.023%$1.2M$577K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4373+0.057%$36K100xas long as short
dYdX TIA-USD+0.0546%1h0.4375+0.092%$52K$5910xas long as short