Funding you earn now, next payment 06:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.023%
Price spread now: BingX against Reya−0.094%50s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.094% cheaper against Reya than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya TIARUSDPERP | 0.4368 | 0.0181 | pay 0.0023% / 1h | 47m 39s | $6K | — | 15x |
| Short | BingX TIA-USDT | 0.4364 | 0.0100 | get 0.0050% / 4h | 2h 47m | — | $103.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Reya. 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
- −$16.98
- Price spread: −0.094% → 0.000%
- −$9.39
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$42.37
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 11 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 11 min ago | 1.15 bp | 8.8 bp −$9 | 22.7 bp −$227 | 91.3 bp −$9,129 | 424.2 bp −$212.1K |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4369 | +0.021% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4370 | +0.042% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0093% | 1h | 0.4371 | +0.066% | $50K | $228K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4372 | +0.085% | $155K | $422K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4368 | −0.002% | $6K | $266K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4372 | +0.085% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4364 | −0.100% | $33K | $244K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4361 | −0.154% | $13.7M | $44.0M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4361 | −0.163% | $9.8M | $13.8M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4357 | −0.254% | $2.8M | $6.3M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4366 | −0.048% | $984K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4364 | −0.094% | $10.7M | $6.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4365 | −0.071% | $4.2M | $9.4M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4363 | −0.117% | $4.4M | $3.7M | 75x | as long as short |
| BingX TIA-USDTshort | +0.0100% | 4h | 0.4364 | −0.094% | — | $103.0M | — | |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4369 | +0.016% | $102K | $173K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4372 | +0.083% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4370 | +0.043% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4360 | −0.184% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4367 | −0.029% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERPlong | +0.0181% | 1h | 0.4368 | long leg | $6K | — | 15x | |
| Kraken Futures PF_TIAUSD | +0.0192% | 1h | 0.4368 | −0.001% | $346K | $206K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4376 | +0.181% | $25K | $11K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4369 | +0.021% | $1.7M | $704K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0360% / S −0.0613% | 1h | 0.4370 | +0.042% | $24K | — | 100x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4378 | +0.227% | $47K | $84K | 50x | as long as short |
| dYdX TIA-USD | +0.0465% | 1h | 0.4366 | −0.042% | $52K | $139 | 10x | as long as short |
BingX TIA-USDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
Coinbase International TIA-PERP-INTX