Funding you earn now, next payment 01:00 UTC+0.3437%/8h= +376.3% APRpaid last 24h +0.442%
Price spread now: GMX against Bybit+0.391%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$103 a day on $10k at the current rate, and GMX is 0.391% dearer against Bybit than usual: you sell high and buy low: +$39 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TIAUSDT | 0.4347 | 0.0069 | pay 0.0034% / 4h | 3h 01m | $9.5M | $13.0M | 50x |
| Short | GMX TIA/USD [ETH-USDC] | 0.4364 | L +0.0461% / S −0.3505% | get 0.0438% / 1h | 1m 45s | $36K | — | 100x |
Bybit TIAUSDT
GMX TIA/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- $721.71
- Price spread: +0.391% → 0.000%
- $39.06
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $737.78
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.14 bp | 12.1 bp −$12 | 31.2 bp −$312 | 184.4 bp −$18.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4361 | +0.325% | $358K | $226K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0138% | 4h | 0.4349 | +0.046% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0028% | 4h | 0.4355 | +0.184% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4358 | +0.253% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4365 | +0.414% | $1K | — | 150x | as long as short |
| Bybit TIAUSDTlong | +0.0069% | 4h | 0.4347 | long leg | $9.5M | $13.0M | 50x | |
| Lighter TIA | +0.0096% | 1h | 0.4356 | +0.219% | $138K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4359 | +0.276% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4359 | +0.265% | $4.6M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4353 | +0.140% | $34K | $240K | 10x | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4352 | +0.115% | $14.5M | $41.6M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4351 | +0.092% | $979K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4350 | +0.069% | $12.7M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4351 | +0.092% | $4.5M | $3.2M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4351 | +0.092% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4356 | +0.205% | $102K | $156K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | +0.890% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4390 | +0.989% | $49K | $232K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4362 | +0.345% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4352 | +0.109% | $54K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4358 | +0.242% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4403 | +1.288% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4362 | +0.353% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4357 | +0.230% | $51K | $75K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4377 | +0.690% | $1.3M | $600K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC]short | L +0.0461% / S −0.3505% | 1h | 0.4364 | +0.391% | $36K | — | 100x | |
| dYdX TIA-USD | +0.0818% | 1h | 0.4373 | +0.604% | $52K | $199 | 10x | as long as short |
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
dYdX TIA-USD