Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BingX−0.116%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days+0.101%+$10 · spread now −0.116%, 7d avg −0.032%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.084% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TIA-USDT	0.4319	0.0100	pay 0.0050% / 4h	1h 28m	—	$14.7M	—
Short	Bitget TIAUSDT	0.4314	0.0100	get 0.0050% / 4h	1h 28m	$4.3M	$4.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpFee BitgetbpOrdersPrice spread, now −0.116%Rate

Funding earned: $0
Price spread: −0.116% → −0.032%: −$8.42
Slippage, 4 orders: −$27.68
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$58.1
Costs to cover: 0.497%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 3 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 BingX live order book, 3 min ago	1.16 bp	7.0 bp −$7	16.6 bp −$166	95.9 bp −$9,585	409.1 bp −$204.6K
Sell Bitget live order book, 3 min ago	2.32 bp	17.9 bp −$18	41.3 bp −$413	doesn't fit	doesn't fit

TIA on 27 exchanges

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
GMX TIA/USD [ETH-USDC]	L −0.6754% / S +0.0274%	1h	0.4317	−0.038%	$5K	—	100x	as long as short
Injective TIA/USDC PERP	−0.0275%	1h	0.4374	+1.273%	$83K	$165K	12x	as long as short
Deribit TIA_USDC-PERPETUAL	−0.0213%	1h	0.4316	−0.069%	$32K	$20K	25x	as long as short
Bybit TIAUSDT	−0.0092%	4h	0.4316	−0.069%	$9.6M	$14.9M	50x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4312	−0.170%	$1K	—	150x	as long as short
dYdX TIA-USD	+0.0062%	1h	0.4319	−0.001%	$51K	$139	10x	as long as short
Kraken Futures PF_TIAUSD	+0.0084%	1h	0.4314	−0.112%	$349K	$253K	50x	as long as short
Variational Omni TIA	+0.0090%	4h	0.4310	−0.197%	$100K	$100K	—	as long as short
Lighter TIA	+0.0096%	1h	0.4320	+0.016%	$151K	$472K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4314	−0.116%	$6K	$177K	10x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni TIAUSDT	+0.0099%	1h	0.4311	−0.185%	$50K	$221K	50x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4325	+0.130%	$4.5M	$1.7M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4316	−0.066%	$31K	$238K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4318	−0.020%	$13.9M	$49.2M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4316	−0.069%	$2.7M	$6.7M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4319	0.000%	$979K	$1.7M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4317	−0.046%	$10.1M	$14.7M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4315	−0.093%	$4.1M	$10.5M	50x	as long as short
Bitget TIAUSDTshort	+0.0100%	4h	0.4314	−0.116%	$4.3M	$4.4M	75x
BingX TIA-USDTlong	+0.0100%	4h	0.4319	long leg	—	$14.7M	—
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4315	−0.090%	$100K	$181K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4320	+0.023%	$58K	$79K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4317	−0.056%	$55K	$209K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4313	−0.139%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0183%	1h	0.4315	−0.103%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4311	−0.185%	$1.5M	$792K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4407	+2.038%	$53K	$109K	50x	as long as short