Funding arb · Price arb /

TIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bitget−0.023%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$710.714% of the position

Long on Bitget Short on BingX

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+0.023%+$2 · spread now −0.023%, 7d avg +0.031%

Together, before fees+0.055%+$5 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: BingX is 0.053% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TIAUSDT	0.4424	0.0100	pay 0.0050% / 4h	21m 46s	$4.4M	$4.1M	75x
Short	BingX TIA-USDC	0.4423	0.0100	get 0.0050% / 4h	21m 46s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 BitgetbpFee BingXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → +0.031%: −$5.32
Slippage, 4 orders: −$49.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$76.77
Costs to cover: 0.714%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 4 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 Bitget live order book, 1 min ago	1.13 bp	15.2 bp −$15	37.0 bp −$370	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	2.26 bp	22.9 bp −$23	75.5 bp −$755	526.8 bp −$52.7K	801.1 bp −$400.6K

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
GMX TIA/USD [ETH-USDC]	L −0.0635% / S +0.0074%	1h	0.4425	+0.016%	$6K	—	100x	as long as short
ApeX Omni TIAUSDT	−0.0113%	1h	0.4418	−0.136%	$51K	$225K	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0007%	1h	0.4426	+0.041%	$349K	$205K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4426	+0.045%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4425	+0.019%	$1K	—	150x	as long as short
Injective TIA/USDC PERP	+0.0014%	1h	0.4418	−0.136%	$24K	$12K	12x	as long as short
OKX TIA-USDT-SWAP	+0.0042%	4h	0.4422	−0.045%	$2.8M	$6.7M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4430	+0.127%	$153K	$424K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4424	0.000%	$7K	$232K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4432	+0.174%	$4.7M	$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	0.4426	+0.049%	$33K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4426	+0.045%	$14.0M	$48.2M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4426	+0.045%	$10.1M	$14.0M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4428	+0.090%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4425	+0.023%	$12.4M	$14.1M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4424	0.000%	$4.2M	$10.0M	50x	as long as short
Bitget TIAUSDTlong	+0.0100%	4h	0.4424	long leg	$4.4M	$4.1M	75x
BingX TIA-USDCshort	+0.0100%	4h	0.4423	−0.023%	—	$6.5M	—
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4425	+0.014%	$102K	$174K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4411	−0.301%	$135K	$78K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4431	+0.158%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4423	−0.032%	$57K	$210K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4424	0.000%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4422	−0.049%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0225%	1h	0.4432	+0.181%	$53K	$139	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4417	−0.158%	$1.7M	$713K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0432%	1h	0.4430	+0.136%	$52K	$102K	50x	as long as short