Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against BingX−0.067%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.067%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.047% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TIA-USDC | 0.4498 | 0.0100 | pay 0.0050% / 4h | 3h 18m | — | $6.5M | — |
| Short | OKX TIA-USDT-SWAP | 0.4495 | 0.0033 | get 0.0017% / 4h | 3h 18m | $2.8M | $7.0M | 50x |
BingX TIA-USDC
OKX TIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$13.99
- Price spread: −0.067% → −0.020%
- −$4.68
- Slippage, 4 orders
- −$53.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$92.47
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago | 2.22 bp | 18.9 bp −$19 | 55.2 bp −$552 | 412.4 bp −$41.2K | 674.3 bp −$337.1K |
| Sell OKX live order book, 4 min ago | 1.11 bp | 13.9 bp −$14 | 54.0 bp −$540 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC] | L −0.3140% / S +0.0153% | 1h | 0.4506 | +0.177% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0112% | 1h | 0.4502 | +0.088% | $354K | $206K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4499 | +0.022% | $31K | $23K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4498 | 0.000% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0008% | 1h | 0.4513 | +0.333% | $52K | $224K | 50x | as long as short |
| OKX TIA-USDT-SWAPshort | +0.0033% | 4h | 0.4495 | −0.067% | $2.8M | $7.0M | 50x | |
| Injective TIA/USDC PERP | +0.0048% | 1h | 0.4510 | +0.267% | $83K | $136K | 12x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4507 | +0.209% | $195K | $469K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4499 | +0.022% | $7K | $214K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4506 | +0.185% | $4.9M | $1.5M | 5x | as long as short |
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Injective TIA/USDC PERP
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 | 0.4502 | +0.093% | $33K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4500 | +0.048% | $14.6M | $49.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4497 | −0.022% | $10.2M | $14.5M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4501 | +0.067% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4498 | 0.000% | $11.3M | $14.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4498 | 0.000% | $4.3M | $10.1M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4496 | −0.044% | $4.5M | $4.1M | 75x | as long as short |
| BingX TIA-USDClong | +0.0100% | 4h | 0.4498 | long leg | — | $6.5M | — | |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4496 | −0.051% | $104K | $171K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4509 | +0.241% | $138K | $77K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4502 | +0.089% | $60K | $76K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4495 | −0.074% | $57K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4497 | −0.021% | $7K | — | 3x | as long as short |
| dYdX TIA-USD | +0.0112% | 1h | 0.4502 | +0.097% | $53K | $139 | 10x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4497 | −0.029% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4501 | +0.067% | $1.7M | $780K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0416% | 1h | 0.4515 | +0.378% | $54K | $102K | 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
dYdX TIA-USD
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX