Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h −0.045%
Price spread now: KuCoin against Bitget−0.045%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.045%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.091% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TIAUSDT | 0.4397 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $4.5M | $3.5M | 75x |
| Short | KuCoin TIAUSDTM | 0.4395 | 0.0010 | get 0.0005% / 4h | 2h 16m | $4.2M | $8.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$18.9
- Price spread: −0.045% → +0.046%
- −$9.1
- Slippage, 4 orders
- −$59.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$111.64
- Costs to cover
- 0.836%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: 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 Bitget live order book, 2 min ago | 1.14 bp | 15.4 bp −$15 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.28 bp | 21.4 bp −$21 | 70.8 bp −$708 | doesn't fit | doesn't fit |
TIA on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0070% | 1h | 0.4399 | +0.045% | $50K | $232K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0059% | 4h | 0.4394 | −0.068% | $2.8M | $6.1M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0003% | 1h | 0.4397 | +0.004% | $359K | $214K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4396 | −0.023% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4398 | +0.022% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTMshort | +0.0010% | 4h | 0.4395 | −0.045% | $4.2M | $8.9M | 50x | |
| Lighter TIA | +0.0096% | 1h | 0.4401 | +0.082% | $156K | $408K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4395 | −0.045% | $5K | $318K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4404 | +0.157% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4397 | +0.007% | $32K | $245K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4397 | +0.007% | $14.4M | $42.6M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4394 | −0.068% | $9.5M | $13.1M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4398 | +0.023% | $990K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4398 | +0.023% | $12.4M | $6.8M | 300x | as long as short |
| Bitget TIAUSDTlong | +0.0100% | 4h | 0.4397 | long leg | $4.5M | $3.5M | 75x | |
| BingX TIA-USDT | +0.0100% | 4h | 0.4396 | −0.023% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4394 | −0.066% | $101K | $159K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4401 | +0.084% | $103K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4399 | +0.045% | $59K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4391 | −0.139% | $42K | $198K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4394 | −0.066% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4395 | −0.050% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0206% | 1h | 0.4397 | +0.005% | $52K | $199 | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0266% | 1h | 0.4411 | +0.318% | $27K | $10K | 12x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0304% | 1h | 0.4417 | +0.455% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0464% / S −0.3505% | 1h | 0.4396 | −0.032% | $36K | — | 100x | as long as short |
Bitget TIAUSDT
KuCoin TIAUSDTM
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]