TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.106%

Price spread now: KuCoin against BloFin−0.134%80s7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$880.883% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.314%−$31 on $10k

Price spread, last 4 days (all we have)−0.284%−$28 · spread now −0.134%, 7d avg −0.033%

Together, before fees−0.598%−$60 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 KuCoin 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 −0.033%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TIA-USDT	0.4469	0.0340	pay 0.0170% / 4h	3h 29m	$1.7M	$768K	75x
Short	KuCoin TIAUSDTM	0.4463	0.0100	get 0.0050% / 4h	3h 29m	$4.3M	$10.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$50.4
Price spread: −0.134% → −0.033%: −$10.17
Slippage, 4 orders: −$64.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$148.9
Costs to cover: 0.883%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago	3.36 bp	13.6 bp −$14	25.3 bp −$253	83.4 bp −$8,343	doesn't fit
Sell KuCoin live order book, 8 min ago	3.34 bp	30.7 bp −$31	87.3 bp −$873	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 −0.2739% / S +0.0139%	1h	0.4466	−0.061%	$5K	—	100x	as long as short
Kraken Futures PF_TIAUSD	−0.0112%	1h	0.4468	−0.030%	$352K	$223K	50x	as long as short
ApeX Omni TIAUSDT	−0.0043%	1h	0.4461	−0.179%	$51K	$224K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4464	−0.112%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4467	−0.047%	$1K	—	150x	as long as short
OKX TIA-USDT-SWAP	+0.0019%	4h	0.4459	−0.224%	$2.8M	$7.0M	50x	as long as short
Injective TIA/USDC PERP	+0.0048%	1h	0.4472	+0.067%	$45K	$42K	12x	as long as short
Lighter TIA	+0.0096%	1h	0.4472	+0.078%	$193K	$469K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4463	−0.134%	$7K	$217K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4472	+0.063%	$4.9M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4467	−0.037%	$33K	$249K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4465	−0.087%	$14.4M	$49.3M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4459	−0.224%	$10.1M	$14.5M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4465	−0.090%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4467	−0.045%	$11.6M	$14.4M	300x	as long as short
KuCoin TIAUSDTMshort	+0.0100%	4h	0.4463	−0.134%	$4.3M	$10.1M	50x
Bitget TIAUSDT	+0.0100%	4h	0.4460	−0.201%	$4.4M	$4.1M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4464	−0.112%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4465	−0.098%	$103K	$176K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4465	−0.084%	$136K	$78K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4468	−0.022%	$60K	$76K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4463	−0.132%	$56K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4468	−0.015%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0108%	1h	0.4464	−0.112%	$53K	$139	10x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4463	−0.137%	$6K	—	15x	as long as short
BloFin TIA-USDTlong	+0.0340%	4h	0.4469	long leg	$1.7M	$768K	75x
Coinbase International TIA-PERP-INTX	+0.0416%	1h	0.4500	+0.694%	$53K	$107K	50x	as long as short