TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0281%/8h= −30.8% APRnext payment −$1.40 per $10,000 · paid last 24h −0.028%

Price spread now: OKX against MEXC−0.114%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$370.365% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days+0.105%+$10 · spread now −0.114%, 7d avg −0.047%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.068% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.047%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TIA_USDT	0.4374	0.0100	pay 0.0050% / 4h	3h 36m	$13.2M	$6.7M	300x
Short	OKX TIA-USDT-SWAP	0.4369	−0.0181	pay 0.0090% / 4h	3h 36m	$2.8M	$5.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.114%Rate

Funding earned: −$58.99
Price spread: −0.114% → −0.047%: −$6.78
Slippage, 4 orders: −$26.52
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$102.28
Costs to cover: 0.365%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago	1.14 bp	4.7 bp −$5	13.9 bp −$139	70.0 bp −$7,003	134.2 bp −$67.1K
Sell OKX live order book, 2 min ago	1.14 bp	15.2 bp −$15	49.1 bp −$491	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
OKX TIA-USDT-SWAPshort	−0.0181%	4h	0.4369	−0.114%	$2.8M	$5.9M	50x
Kraken Futures PF_TIAUSD	−0.0153%	1h	0.4374	−0.001%	$359K	$233K	50x	as long as short
KuCoin TIAUSDTM	−0.0050%	4h	0.4371	−0.069%	$4.2M	$8.8M	50x	as long as short
ApeX Omni TIAUSDT	−0.0005%	1h	0.4367	−0.160%	$49K	$234K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4374	0.000%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4374	+0.004%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4379	+0.107%	$139K	$359K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4373	−0.023%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4378	+0.101%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4374	+0.004%	$34K	$249K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4373	−0.022%	$14.5M	$41.2M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4371	−0.069%	$9.6M	$12.9M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4374	0.000%	$981K	$1.8M	75x	as long as short
MEXC TIA_USDTlong	+0.0100%	4h	0.4374	long leg	$13.2M	$6.7M	300x
Bitget TIAUSDT	+0.0100%	4h	0.4372	−0.046%	$4.5M	$3.2M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4372	−0.046%	—	$98.9M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4373	−0.021%	$101K	$153K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4370	−0.096%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4376	+0.046%	$58K	$68K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4371	−0.078%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4373	−0.029%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0117%	1h	0.4376	+0.046%	$27K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4370	−0.082%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4389	+0.343%	$51K	$75K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4371	−0.069%	$1.2M	$577K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0460% / S −0.3505%	1h	0.4374	−0.004%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0801%	1h	0.4373	−0.016%	$52K	$59	10x	as long as short