Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Binance against BloFin−0.116%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.263%−$26 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.116%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.102% cheaper against BloFin 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TIA-USDT | 0.4329 | 0.0340 | pay 0.0170% / 4h | 1h 32m | $1.1M | $549K | 75x |
| Short | Binance TIAUSDT | 0.4324 | 0.0100 | get 0.0050% / 4h | 1h 32m | $14.6M | $41.9M | 75x |
BloFin TIA-USDT
Binance TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$50.4
- Price spread: −0.116% → −0.013%
- −$10.24
- Slippage, 4 orders
- −$25.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.71
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 9 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 BloFin live order book, 4 min ago | 3.46 bp | 14.8 bp −$15 | 19.0 bp −$190 | 42.5 bp −$4,249 | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.15 bp | 9.1 bp −$9 | 17.6 bp −$176 | 74.3 bp −$7,426 | 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 | −0.0228% | 1h | 0.4329 | +0.004% | $354K | $242K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0212% | 1h | 0.4328 | −0.023% | $30K | $27K | 25x | as long as short |
| OKX TIA-USDT-SWAP | −0.0067% | 4h | 0.4320 | −0.208% | $2.7M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0046% | 4h | 0.4324 | −0.116% | $4.2M | $8.6M | 50x | as long as short |
| Gate TIA_USDT | −0.0036% | 4h | 0.4323 | −0.139% | $993K | $1.8M | 75x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4330 | +0.032% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0091% | 1h | 0.4326 | −0.069% | $49K | $236K | 50x | as long as short |
| Variational Omni TIA | +0.0094% | 4h | 0.4329 | 0.000% | $101K | $84K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4330 | +0.035% | $128K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4328 | −0.023% | $5K | $362K | 10x | as long as short |
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Gate TIA_USDT
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Variational Omni TIA
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 | 0.4332 | +0.067% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4327 | −0.046% | $34K | $267K | 10x | as long as short |
| Binance TIAUSDTshort | +0.0100% | 4h | 0.4324 | −0.116% | $14.6M | $41.9M | 75x | |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4323 | −0.139% | $9.5M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4324 | −0.116% | $14.0M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4322 | −0.162% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4323 | −0.139% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4329 | −0.012% | $100K | $149K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4331 | +0.046% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4322 | −0.168% | $57K | $171K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4329 | −0.012% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4342 | +0.300% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4326 | −0.075% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4339 | +0.231% | $47K | $74K | 50x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4329 | long leg | $1.1M | $549K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4330 | +0.015% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0720% | 1h | 0.4334 | +0.126% | $51K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD