Settings8H · net · $10k
Funding arb · Price arb /

TIA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0490%/8h= −53.6% APRpaid last 24h −0.047%
Price spread now: KuCoin against GMX−0.063%59s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.063% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TIA/USD [ETH-USDC]0.4371L +0.0460% / S −0.3505%pay 0.0057% / 1h21m 24s$36K100x
ShortKuCoin TIAUSDTM0.4368−0.0030pay 0.0015% / 4h21m 24s$4.2M$8.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against GMX. 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

Funding earned
−$102.82
Price spread: −0.063% → 0.000%
−$6.29
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$133.11
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell KuCoin live order book, 2 min ago2.29 bp35.6 bp −$36103.1 bp −$1,031doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TIA-USDT-SWAP−0.0185%4h0.4364−0.154%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0163%1h0.4370−0.020%$359K$246K50xas long as short
KuCoin TIAUSDTMshort−0.0030%4h0.4368−0.063%$4.2M$8.7M50x
ApeX Omni TIAUSDT−0.0004%1h0.4355−0.360%$49K$235K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4371+0.006%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4371+0.014%$1K150xas long as short
Lighter TIA+0.0096%1h0.4372+0.026%$139K$362K10xas long as short
Gate TIA_USDT+0.0096%4h0.4367−0.086%$981K$1.8M75xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4368−0.063%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4373+0.056%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4366−0.109%$34K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4368−0.063%$14.5M$42.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4367−0.086%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4368−0.063%$13.3M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4368−0.063%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4366−0.109%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4370−0.026%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4362−0.200%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4368−0.063%$66K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4363−0.173%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4371+0.005%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4365−0.126%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.418%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4360−0.246%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4365−0.132%$1.2M$572K75xas long as short
GMX TIA/USD [ETH-USDC]longL +0.0460% / S −0.3505%1h0.4371long leg$36K100x
dYdX TIA-USD+0.0710%1h0.4371+0.013%$52K$5910xas long as short