Funding you earn now, next payment 00:00 UTC+0.0488%/8h= +53.5% APRnext payment +$2.44 per $10,000 · paid last 24h +0.084%
Price spread now: BloFin against OKX+0.412%103s7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as 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−$480.485% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 3 days (all we have)−0.301%−$30 · spread now +0.412%, 7d avg +0.072%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BloFin is 0.340% dearer against OKX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.072%. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.298% in total (about 15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.44 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 | OKX TIA-USDT-SWAP | 0.4366 | −0.0148 | get 0.0074% / 4h | 47m 29s | $2.8M | $6.0M | 50x |
| Short | BloFin TIA-USDT | 0.4384 | 0.0340 | get 0.0170% / 4h | 47m 29s | $1.1M | $570K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $102.53
- Price spread: +0.412% → +0.072%
- $33.99
- Slippage, 4 orders
- −$26.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $88.06
- Costs to cover
- 0.485%
- Break-even
- 1.0 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 5 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 OKX live order book, 5 min ago | 2.29 bp | 12.5 bp −$12 | 45.2 bp −$452 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.14 bp | 14.0 bp −$14 | 19.5 bp −$195 | 58.2 bp −$5,818 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0162% | 1h | 0.4380 | +0.324% | $360K | $245K | 50x | as long as short |
| OKX TIA-USDT-SWAPlong | −0.0148% | 4h | 0.4366 | long leg | $2.8M | $6.0M | 50x | |
| ApeX Omni TIAUSDT | −0.0054% | 1h | 0.4384 | +0.412% | $49K | $234K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0024% | 4h | 0.4368 | +0.046% | $4.2M | $8.6M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4377 | +0.252% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4371 | +0.119% | $1K | — | 150x | as long as short |
| Gate TIA_USDT | +0.0052% | 4h | 0.4376 | +0.229% | $991K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4380 | +0.328% | $140K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4376 | +0.229% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4374 | +0.192% | $4.3M | $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 | 0.4377 | +0.246% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4371 | +0.105% | $14.5M | $42.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4368 | +0.046% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4368 | +0.046% | $13.6M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4368 | +0.046% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4372 | +0.137% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4377 | +0.259% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4382 | +0.365% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4379 | +0.298% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4370 | +0.090% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4376 | +0.240% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4367 | +0.023% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.527% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4384 | +0.412% | $27K | $10K | 12x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4384 | +0.412% | $1.1M | $570K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4378 | +0.273% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0608% | 1h | 0.4377 | +0.261% | $52K | $59 | 10x | as long as short |
OKX TIA-USDT-SWAP
BloFin TIA-USDT
Kraken Futures PF_TIAUSD
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]