TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.18 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against MEXC−0.023%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$280.279% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.023%, 7d avg −0.046%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.023% dearer against MEXC than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.046%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TIA_USDT	0.4362	0.0100	pay 0.0050% / 4h	1h 05m	$10.4M	$18.6M	300x
Short	Bybit TIAUSDT	0.4361	0.0065	get 0.0032% / 4h	1h 05m	$9.6M	$15.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$7.37
Price spread: −0.023% → −0.046%: $2.32
Slippage, 4 orders: −$16.91
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$32.96
Costs to cover: 0.279%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 1 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 MEXC live order book, 1 min ago	1.15 bp	4.4 bp −$4	10.1 bp −$101	56.5 bp −$5,654	127.0 bp −$63.5K
Sell Bybit live order book, 1 min ago	1.15 bp	10.4 bp −$10	23.8 bp −$238	138.6 bp −$13.9K	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	0.4356	−0.134%	$5K	—	100x	as long as short
Injective TIA/USDC PERP	−0.0275%	1h	0.4374	+0.275%	$83K	$165K	12x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4362	0.000%	$32K	$20K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4353	−0.215%	$1K	—	150x	as long as short
Bybit TIAUSDTshort	+0.0065%	4h	0.4361	−0.023%	$9.6M	$15.1M	50x
Kraken Futures PF_TIAUSD	+0.0083%	1h	0.4359	−0.070%	$353K	$253K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4366	+0.103%	$156K	$483K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4359	−0.069%	$6K	$172K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4369	+0.154%	$4.6M	$1.7M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4362	+0.005%	$24K	$276K	10x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4364	+0.046%	$14.0M	$52.3M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4360	−0.046%	$2.7M	$6.8M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4362	0.000%	$985K	$1.8M	75x	as long as short
MEXC TIA_USDTlong	+0.0100%	4h	0.4362	long leg	$10.4M	$18.6M	300x
KuCoin TIAUSDTM	+0.0100%	4h	0.4358	−0.092%	$4.1M	$10.7M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4357	−0.115%	$4.4M	$4.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4361	−0.023%	—	$14.7M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4363	+0.023%	$101K	$184K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4349	−0.290%	$101K	$96K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4346	−0.367%	$50K	$221K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4364	+0.046%	$58K	$79K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4356	−0.136%	$55K	$209K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4360	−0.041%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0159%	1h	0.4362	−0.007%	$52K	$139	10x	as long as short
Reya TIARUSDPERP	+0.0183%	1h	0.4350	−0.266%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4360	−0.046%	$1.4M	$828K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4367	+0.115%	$53K	$108K	50x	as long as short