TIA

Alert: funding

Alert: spread

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: Bitget against KuCoin+0.046%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$840.836% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days−0.051%−$5 · spread now +0.046%, 7d avg −0.046%

Together, before fees+0.003%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.091% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TIAUSDTM	0.4395	0.0010	pay 0.0005% / 4h	2h 16m	$4.2M	$8.9M	50x
Short	Bitget TIAUSDT	0.4397	0.0100	get 0.0050% / 4h	2h 16m	$4.5M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.046%Rate

Funding earned: $18.9
Price spread: +0.046% → −0.046%: $9.1
Slippage, 4 orders: −$59.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$55.64
Costs to cover: 0.836%
Break-even: 27.6 days

Slippage from KuCoin: live order book, 2 min ago; Bitget: 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 KuCoin live order book, 2 min ago	2.28 bp	31.1 bp −$31	107.7 bp −$1,077	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.14 bp	15.8 bp −$16	36.8 bp −$368	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	+0.091%	$50K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0059%	4h	0.4394	−0.023%	$2.8M	$6.1M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4397	+0.049%	$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	+0.068%	$1K	—	150x	as long as short
KuCoin TIAUSDTMlong	+0.0010%	4h	0.4395	long leg	$4.2M	$8.9M	50x
Lighter TIA	+0.0096%	1h	0.4401	+0.127%	$156K	$408K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4395	0.000%	$5K	$318K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4404	+0.203%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4397	+0.053%	$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	+0.052%	$14.4M	$42.6M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4394	−0.023%	$9.5M	$13.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4398	+0.068%	$990K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4398	+0.068%	$12.4M	$6.8M	300x	as long as short
Bitget TIAUSDTshort	+0.0100%	4h	0.4397	+0.046%	$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	−0.020%	$101K	$159K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4401	+0.129%	$103K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4399	+0.091%	$59K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4391	−0.094%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4394	−0.020%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4395	−0.005%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0206%	1h	0.4397	+0.050%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4411	+0.364%	$27K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4417	+0.501%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0464% / S −0.3505%	1h	0.4396	+0.014%	$36K	—	100x	as long as short