Funding you earn now, next payment 07:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h +0.543%
Price spread now: GMX against Binance−0.090%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GMX is 0.090% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TIAUSDT | 0.4354 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $13.6M | $47.5M | 75x |
| Short | GMX TIA/USD [ETH-USDC] | 0.4350 | L +0.0094% / S +0.0053% | pay 0.0007% / 1h | 26m 45s | $6K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- −$32.23
- Price spread: −0.090% → 0.000%
- −$9.01
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$63.25
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 min ago; GMX: no order-book sample. Net counts fees only.
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 Binance live order book, 15 min ago | 2.29 bp | 9.5 bp −$9 | 20.8 bp −$208 | 111.0 bp −$11.1K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4352 | −0.049% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4347 | −0.163% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0051% | 4h | 0.4351 | −0.072% | $2.7M | $6.4M | 50x | as long as short |
| GMX TIA/USD [ETH-USDC]short | L +0.0094% / S +0.0053% | 1h | 0.4350 | −0.090% | $6K | — | 100x | |
| Lighter TIA | +0.0096% | 1h | 0.4362 | +0.171% | $150K | $426K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4350 | −0.095% | $7K | $252K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4361 | +0.166% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4351 | −0.069% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDTlong | +0.0100% | 4h | 0.4354 | long leg | $13.6M | $47.5M | 75x | |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4355 | +0.019% | $9.8M | $13.9M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4354 | −0.004% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4354 | −0.004% | $12.9M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4350 | −0.095% | $4.2M | $9.8M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4354 | −0.004% | $4.3M | $3.8M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4352 | −0.049% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4352 | −0.059% | $100K | $173K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4349 | −0.124% | $101K | $51K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4345 | −0.210% | $50K | $226K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4357 | +0.065% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4351 | −0.062% | $56K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4350 | −0.095% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0146% | 1h | 0.4351 | −0.076% | $345K | $204K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4353 | −0.027% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4342 | −0.276% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4352 | −0.049% | $1.6M | $702K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4395 | +0.938% | $47K | $87K | 50x | as long as short |
| dYdX TIA-USD | +0.0465% | 1h | 0.4352 | −0.049% | $52K | $139 | 10x | as long as short |
Binance TIAUSDT
GMX TIA/USD [ETH-USDC]
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX