Funding you earn now, next payment 08:00 UTC+0.0327%/8h= +35.8% APRpaid last 24h −0.006%
Price spread now: BloFin against GMX+0.021%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.021% dearer against GMX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | GMX TIA/USD [ETH-USDC] | 0.4433 | L +0.0013% / S +0.0056% | pay 0.0002% / 1h | 40m 02s | $6K | — | 100x |
| Short | BloFin TIA-USDT | 0.4434 | 0.0340 | get 0.0170% / 4h | 40m 02s | $1.7M | $716K | 75x |
GMX TIA/USD [ETH-USDC]
BloFin TIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- $68.63
- Price spread: +0.021% → 0.000%
- $2.1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $46.72
- Costs to cover
- 0.240%
- Break-even
- 2.2 days
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 2.25 bp | 16.3 bp −$16 | 29.6 bp −$296 | 80.9 bp −$8,086 | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0136% | 1h | 0.4429 | −0.092% | $51K | $224K | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0007% | 1h | 0.4428 | −0.106% | $351K | $202K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4432 | −0.024% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4432 | −0.024% | $1K | — | 150x | as long as short |
| GMX TIA/USD [ETH-USDC]long | L +0.0013% / S +0.0056% | 1h | 0.4433 | long leg | $6K | — | 100x | |
| Injective TIA/USDC PERP | +0.0014% | 1h | 0.4437 | +0.089% | $24K | $12K | 12x | as long as short |
| OKX TIA-USDT-SWAP | +0.0048% | 4h | 0.4423 | −0.227% | $2.8M | $6.7M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4434 | +0.012% | $153K | $423K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4431 | −0.047% | $7K | $236K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4434 | +0.028% | $4.7M | $1.5M | 5x | as long as short |
ApeX Omni TIAUSDT
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Injective TIA/USDC PERP
OKX TIA-USDT-SWAP
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 | 0.4429 | −0.099% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4428 | −0.123% | $14.0M | $47.8M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4427 | −0.137% | $10.0M | $13.9M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4431 | −0.047% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4426 | −0.159% | $12.6M | $14.0M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4428 | −0.114% | $4.2M | $9.9M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4425 | −0.182% | $4.4M | $4.0M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4426 | −0.159% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4430 | −0.078% | $102K | $170K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4433 | −0.010% | $103K | $46K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4437 | +0.089% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4422 | −0.254% | $57K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4430 | −0.058% | $7K | — | 3x | as long as short |
| dYdX TIA-USD | +0.0169% | 1h | 0.4433 | +0.001% | $53K | $139 | 10x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4423 | −0.237% | $6K | — | 15x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4434 | +0.021% | $1.7M | $716K | 75x | |
| Coinbase International TIA-PERP-INTX | +0.0432% | 1h | 0.4444 | +0.247% | $48K | $94K | 50x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
dYdX TIA-USD
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX