TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0233%/8h= −25.5% APRnext payment −$1.16 per $10,000 · paid last 24h −0.028%

Price spread now: OKX against Bitget−0.091%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$570.574% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days+0.067%+$7 · spread now −0.091%, 7d avg +0.013%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.104% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TIAUSDT	0.4409	0.0100	pay 0.0050% / 4h	3h 12m	$4.6M	$3.1M	75x
Short	OKX TIA-USDT-SWAP	0.4405	−0.0133	pay 0.0066% / 4h	3h 12m	$2.8M	$5.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$48.87
Price spread: −0.091% → +0.013%: −$10.36
Slippage, 4 orders: −$35.44
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$116.67
Costs to cover: 0.574%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	2.28 bp	15.1 bp −$15	33.0 bp −$330	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.14 bp	16.2 bp −$16	48.6 bp −$486	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
Kraken Futures PF_TIAUSD	−0.0152%	1h	0.4412	+0.070%	$363K	$225K	50x	as long as short
OKX TIA-USDT-SWAPshort	−0.0133%	4h	0.4405	−0.091%	$2.8M	$5.9M	50x
KuCoin TIAUSDTM	−0.0022%	4h	0.4407	−0.045%	$4.2M	$8.8M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4410	+0.023%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4410	+0.025%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4414	+0.116%	$140K	$360K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4410	+0.023%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4412	+0.068%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4411	+0.042%	$35K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4410	+0.016%	$14.7M	$41.2M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TIAUSDT	+0.0100%	4h	0.4405	−0.091%	$9.7M	$12.9M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4411	+0.045%	$991K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4412	+0.068%	$13.1M	$6.8M	300x	as long as short
Bitget TIAUSDTlong	+0.0100%	4h	0.4409	long leg	$4.6M	$3.1M	75x
BingX TIA-USDT	+0.0100%	4h	0.4407	−0.045%	—	$98.9M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4409	−0.005%	$102K	$154K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4393	−0.367%	$103K	$84K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4403	−0.136%	$50K	$233K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4414	+0.113%	$58K	$68K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4406	−0.068%	$55K	$184K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4408	−0.030%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0117%	1h	0.4421	+0.272%	$27K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4406	−0.071%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4422	+0.295%	$52K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4407	−0.045%	$1.3M	$599K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0462% / S −0.3505%	1h	0.4409	+0.007%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0880%	1h	0.4416	+0.161%	$52K	$199	10x	as long as short