Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.045%
Price spread now: KuCoin against Binance−0.109%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$780.784% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.109%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.095% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TIAUSDT | 0.4393 | 0.0100 | pay 0.0050% / 4h | 37m 48s | $14.3M | $42.8M | 75x |
| Short | KuCoin TIAUSDTM | 0.4388 | 0.0028 | get 0.0014% / 4h | 37m 48s | $4.2M | $9.1M | 50x |
Binance TIAUSDT
KuCoin TIAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$15.12
- Price spread: −0.109% → −0.014%
- −$9.49
- Slippage, 4 orders
- −$56.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$102.98
- Costs to cover
- 0.784%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: 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 Binance live order book, 4 min ago | 1.14 bp | 11.6 bp −$12 | 24.1 bp −$241 | 145.6 bp −$14.6K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.28 bp | 22.3 bp −$22 | 81.6 bp −$816 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TIA | −0.0081% | 4h | 0.4389 | −0.093% | $103K | $85K | — | as long as short |
| Bybit TIAUSDT | −0.0062% | 4h | 0.4389 | −0.086% | $9.6M | $13.4M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0028% | 1h | 0.4394 | +0.028% | $49K | $231K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4393 | +0.003% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTMshort | +0.0028% | 4h | 0.4388 | −0.109% | $4.2M | $9.1M | 50x | |
| Lighter TIA | +0.0096% | 1h | 0.4397 | +0.103% | $156K | $418K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4392 | −0.018% | $5K | $273K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4398 | +0.121% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4391 | −0.050% | $32K | $245K | 10x | as long as short |
| Binance TIAUSDTlong | +0.0100% | 4h | 0.4393 | long leg | $14.3M | $42.8M | 75x |
Variational Omni TIA
Bybit TIAUSDT
ApeX Omni TIAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4388 | −0.109% | $2.8M | $6.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4393 | +0.005% | $995K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4393 | +0.005% | $11.9M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4390 | −0.063% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4392 | −0.018% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4392 | −0.016% | $102K | $157K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4388 | −0.109% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4388 | −0.111% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4393 | +0.008% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0165% | 1h | 0.4391 | −0.035% | $359K | $194K | 50x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4389 | −0.078% | $6K | — | 15x | as long as short |
| Deribit TIA_USDC-PERPETUAL | +0.0205% | 1h | 0.4395 | +0.050% | $31K | $27K | 25x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4404 | +0.255% | $26K | $10K | 12x | as long as short |
| dYdX TIA-USD | +0.0301% | 1h | 0.4386 | −0.150% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4389 | −0.086% | $1.6M | $738K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0384% | 1h | 0.4406 | +0.301% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0494% / S −0.1196% | 1h | 0.4392 | −0.007% | $40K | — | 100x | as long as short |
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Kraken Futures PF_TIAUSD
Reya TIARUSDPERP
Deribit TIA_USDC-PERPETUAL
Injective TIA/USDC PERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]