Funding you earn now, next payment 04:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Bitget−0.023%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now −0.023%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.039% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TIAUSDT | 0.4331 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $4.4M | $3.3M | 75x |
| Short | Bybit TIAUSDT | 0.4330 | 0.0051 | get 0.0025% / 4h | 2h 54m | $9.4M | $13.0M | 50x |
Bitget TIAUSDT
Bybit TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$10.29
- Price spread: −0.023% → +0.016%
- −$3.91
- Slippage, 4 orders
- −$42.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.43
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 3 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 Bitget live order book, 3 min ago | 3.45 bp | 17.7 bp −$18 | 45.4 bp −$454 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.31 bp | 20.9 bp −$21 | 39.4 bp −$394 | 189.7 bp −$19.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.1335% | 1h | 0.4340 | +0.208% | $49K | $232K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0124% | 4h | 0.4330 | −0.023% | $2.7M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0010% | 4h | 0.4333 | +0.046% | $4.2M | $8.8M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0003% | 1h | 0.4333 | +0.045% | $356K | $226K | 50x | as long as short |
| dYdX TIA-USD | 0.0000% | 1h | 0.4332 | +0.023% | $51K | $199 | 10x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4332 | +0.023% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4332 | +0.024% | $1K | — | 150x | as long as short |
| Bybit TIAUSDTshort | +0.0051% | 4h | 0.4330 | −0.023% | $9.4M | $13.0M | 50x | |
| Lighter TIA | +0.0096% | 1h | 0.4337 | +0.132% | $138K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4331 | 0.000% | $5K | $346K | 10x | as long as short |
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Kraken Futures PF_TIAUSD
dYdX TIA-USD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4339 | +0.182% | $4.6M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4335 | +0.085% | $34K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4335 | +0.092% | $14.3M | $42.0M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4334 | +0.069% | $974K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4335 | +0.092% | $12.5M | $6.7M | 300x | as long as short |
| Bitget TIAUSDTlong | +0.0100% | 4h | 0.4331 | long leg | $4.4M | $3.3M | 75x | |
| BingX TIA-USDC | +0.0100% | 4h | 0.4332 | +0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4334 | +0.062% | $103K | $158K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4323 | −0.177% | $101K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4336 | +0.115% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4330 | −0.024% | $49K | $189K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4332 | +0.032% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4327 | −0.089% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0266% | 1h | 0.4348 | +0.393% | $26K | $10K | 12x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0304% | 1h | 0.4360 | +0.670% | $51K | $75K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4333 | +0.046% | $1.3M | $612K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4332 | +0.029% | $35K | — | 100x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]