Funding you earn now, next payment 00:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against OKX+0.023%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.588% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.023%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.037% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.014%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TIA-USDT-SWAP | 0.4336 | −0.0146 | get 0.0073% / 4h | 1h 07m | $2.8M | $5.9M | 50x |
| Short | Bitget TIAUSDT | 0.4337 | 0.0100 | get 0.0050% / 4h | 1h 07m | $4.5M | $3.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $51.66
- Price spread: +0.023% → −0.014%
- $3.75
- Slippage, 4 orders
- −$36.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$3.37
- Costs to cover
- 0.588%
- Break-even
- 7.5 days
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 6 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 OKX live order book, 5 min ago | 1.15 bp | 12.3 bp −$12 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 3.46 bp | 15.8 bp −$16 | 33.1 bp −$331 | doesn't fit | doesn't fit |
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 | −0.0228% | 1h | 0.4337 | +0.032% | $354K | $241K | 50x | as long as short |
| OKX TIA-USDT-SWAPlong | −0.0146% | 4h | 0.4336 | long leg | $2.8M | $5.9M | 50x | |
| KuCoin TIAUSDTM | −0.0044% | 4h | 0.4334 | −0.046% | $4.2M | $8.6M | 50x | as long as short |
| Gate TIA_USDT | −0.0028% | 4h | 0.4338 | +0.046% | $996K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0020% | 1h | 0.4335 | −0.023% | $49K | $236K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4336 | 0.000% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4341 | +0.118% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0091% | 4h | 0.4336 | 0.000% | $9.5M | $13.2M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4340 | +0.101% | $128K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4338 | +0.046% | $5K | $362K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TIA | +0.0100% | 4h | 0.4333 | −0.060% | $101K | $84K | — | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4346 | +0.228% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4341 | +0.104% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4340 | +0.092% | $14.4M | $41.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4341 | +0.115% | $14.1M | $6.8M | 300x | as long as short |
| Bitget TIAUSDTshort | +0.0100% | 4h | 0.4337 | +0.023% | $4.5M | $3.5M | 75x | |
| BingX TIA-USDC | +0.0100% | 4h | 0.4339 | +0.069% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4335 | −0.028% | $100K | $152K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4330 | −0.138% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4332 | −0.101% | $57K | $167K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4334 | −0.046% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4333 | −0.069% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4337 | +0.028% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4348 | +0.277% | $48K | $73K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4339 | +0.069% | $1.1M | $557K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0458% / S −0.3505% | 1h | 0.4336 | +0.011% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0714% | 1h | 0.4337 | +0.032% | $52K | $59 | 10x | as long as short |
OKX TIA-USDT-SWAP
Bitget TIAUSDT
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Gate TIA_USDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Lighter TIA
Variational Omni TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]