TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h −0.006%

Price spread now: Bybit against MEXC0.000%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.024%−$2 · spread now 0.000%, 7d avg −0.045%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.045% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.045%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TIA_USDT	0.4403	0.0100	pay 0.0050% / 4h	1h 39m	$12.3M	$6.5M	300x
Short	Bybit TIAUSDT	0.4403	−0.0022	pay 0.0011% / 4h	1h 39m	$9.5M	$13.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$25.72
Price spread: 0.000% → −0.045%: $4.45
Slippage, 4 orders: −$21.72
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$53.98
Costs to cover: 0.327%
Break-even: never at this rate

Slippage from MEXC: live order book, 9 min ago; Bybit: live order book, 4 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 MEXC live order book, 9 min ago	1.13 bp	4.2 bp −$4	17.2 bp −$172	83.3 bp −$8,333	139.1 bp −$69.5K
Sell Bybit live order book, 4 min ago	2.26 bp	11.4 bp −$11	30.6 bp −$306	171.2 bp −$17.1K	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
Deribit TIA_USDC-PERPETUAL	−0.0204%	1h	0.4403	0.000%	$31K	$27K	25x	as long as short
ApeX Omni TIAUSDT	−0.0025%	1h	0.4421	+0.409%	$50K	$232K	50x	as long as short
Bybit TIAUSDTshort	−0.0022%	4h	0.4403	0.000%	$9.5M	$13.3M	50x
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4405	+0.045%	$1K	—	150x	as long as short
KuCoin TIAUSDTM	+0.0010%	4h	0.4404	+0.023%	$4.2M	$9.0M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0037%	4h	0.4400	−0.068%	$2.8M	$6.1M	50x	as long as short
Variational Omni TIA	+0.0067%	4h	0.4404	+0.015%	$103K	$84K	—	as long as short
Kraken Futures PF_TIAUSD	+0.0075%	1h	0.4407	+0.085%	$360K	$206K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4410	+0.161%	$156K	$414K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4402	−0.023%	$5K	$317K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4412	+0.211%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4405	+0.054%	$32K	$246K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4406	+0.075%	$14.5M	$42.6M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4408	+0.114%	$992K	$1.8M	75x	as long as short
MEXC TIA_USDTlong	+0.0100%	4h	0.4403	long leg	$12.3M	$6.5M	300x
Bitget TIAUSDT	+0.0100%	4h	0.4405	+0.045%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4406	+0.068%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4404	+0.032%	$102K	$153K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4406	+0.068%	$59K	$74K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4399	−0.084%	$56K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4403	−0.009%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4403	+0.007%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0218%	1h	0.4412	+0.204%	$52K	$199	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4407	+0.091%	$1.4M	$707K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0376%	1h	0.4430	+0.613%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0494% / S −0.1196%	1h	0.4404	+0.016%	$40K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0496%	1h	0.4428	+0.568%	$26K	$10K	12x	as long as short