Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.105%
Price spread now: BloFin against Backpack−0.034%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 3 days (all we have)+0.140%+$14 · spread now −0.034%, 7d avg +0.032%
=Funding pays, the price is against you. BloFin is 0.066% cheaper against Backpack than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.032%). If the spread goes back, that is −$7 on $10k: about 22 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TIA_USDC_PERP | 0.4366 | 0.0100 | pay 0.0013% / 1h | 20m 31s | $101K | $153K | 10x |
| Short | BloFin TIA-USDT | 0.4365 | 0.0340 | get 0.0170% / 4h | 20m 31s | $1.2M | $574K | 75x |
Backpack TIA_USDC_PERP
BloFin TIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Backpack. 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
- $50.4
- Price spread: −0.034% → +0.032%
- −$6.61
- Slippage, 4 orders
- −$33.16
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$11.36
- Costs to cover
- 0.552%
- Break-even
- 8.6 days
Slippage from Backpack: live order book, 58 min ago; BloFin: 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 Backpack live order book, 58 min ago | 1.62 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 6.87 bp | 12.9 bp −$13 | 28.5 bp −$285 | 64.0 bp −$6,395 | 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-SWAP | −0.0194% | 4h | 0.4360 | −0.149% | $2.8M | $6.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0163% | 1h | 0.4366 | −0.005% | $359K | $246K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0026% | 4h | 0.4364 | −0.057% | $4.2M | $8.7M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0004% | 1h | 0.4355 | −0.263% | $49K | $235K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4366 | −0.011% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4368 | +0.040% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4374 | +0.163% | $139K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4366 | −0.011% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4374 | +0.174% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4365 | −0.033% | $34K | $268K | 10x | as long as short |
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4366 | −0.018% | $14.5M | $42.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4363 | −0.080% | $9.6M | $13.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4365 | −0.034% | $980K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4365 | −0.034% | $13.3M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4364 | −0.057% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4363 | −0.080% | — | $99.1M | — | as long as short |
| Backpack TIA_USDC_PERPlong | +0.0100% | 1h | 0.4366 | long leg | $101K | $153K | 10x | |
| Variational Omni TIA | +0.0100% | 4h | 0.4364 | −0.048% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4367 | +0.011% | $66K | $44K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4362 | −0.099% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4366 | −0.011% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4365 | −0.029% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.515% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4360 | −0.149% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4365 | −0.034% | $1.2M | $574K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4368 | +0.037% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0694% | 1h | 0.4366 | −0.005% | $52K | $59 | 10x | as long as short |
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD