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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TIA-USDT | 0.4371 | 0.0100 | pay 0.0050% / 4h | 3h 56m | — | $99.1M | — |
| Short | KuCoin TIAUSDTM | 0.4370 | −0.0054 | pay 0.0027% / 4h | 3h 56m | $4.2M | $8.8M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 3 min ago | 1.14 bp | 9.4 bp −$9 | 16.9 bp −$169 | 62.6 bp −$6,263 | 372.6 bp −$186.3K |
| Sell KuCoin live order book, 2 min ago | 1.14 bp | 21.8 bp −$22 | 76.4 bp −$764 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.0381% | 4h | 0.4371 | 0.000% | $9.6M | $13.1M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0210% | 4h | 0.4371 | 0.000% | $2.8M | $6.1M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4375 | +0.091% | $360K | $247K | 50x | as long as short |
| KuCoin TIAUSDTMshort | −0.0054% | 4h | 0.4370 | −0.023% | $4.2M | $8.8M | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4373 | +0.046% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4374 | +0.074% | $1K | — | 150x | as long as short |
| Backpack TIA_USDC_PERP | +0.0035% | 1h | 0.4374 | +0.064% | $104K | $154K | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.0072% | 1h | 0.4384 | +0.297% | $49K | $234K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4379 | +0.178% | $139K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4372 | +0.023% | $5K | $364K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4380 | +0.210% | $4.5M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4371 | 0.000% | $34K | $268K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4374 | +0.069% | $14.6M | $41.9M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4373 | +0.046% | $982K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4374 | +0.069% | $13.3M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4372 | +0.023% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDTlong | +0.0100% | 4h | 0.4371 | long leg | — | $99.1M | — | |
| Variational Omni TIA | +0.0100% | 4h | 0.4372 | +0.021% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4372 | +0.023% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4369 | −0.042% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4376 | +0.125% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4381 | +0.229% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4367 | −0.081% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.412% | $51K | $77K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4370 | −0.023% | $1.2M | $577K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4373 | +0.057% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0546% | 1h | 0.4375 | +0.092% | $52K | $59 | 10x | as long as short |
BingX TIA-USDT
KuCoin TIAUSDTM
Bybit TIAUSDT
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Backpack TIA_USDC_PERP
ApeX Omni TIAUSDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]