Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: BingX against Backpack+0.051%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.051% dearer against Backpack than usual: you sell high and buy low, +$5 on $10k if it 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 | Backpack TIA_USDC_PERP | 0.4335 | 0.0100 | pay 0.0013% / 1h | 1m 33s | $100K | $172K | 10x |
| Short | BingX TIA-USDC | 0.4337 | 0.0100 | get 0.0050% / 4h | 3h 01m | — | $6.5M | — |
Backpack TIA_USDC_PERP
BingX TIA-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Backpack. 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
- $0
- Price spread: +0.051% → 0.000%
- $5.08
- Slippage, 4 orders
- −$52.71
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$67.64
- Costs to cover
- 0.727%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 52 min ago; BingX: live order book, 4 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 Backpack live order book, 52 min ago | 2.02 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.45 bp | 25.6 bp −$26 | 74.4 bp −$744 | 490.8 bp −$49.1K | 820.6 bp −$410.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0045% | 1h | 0.4340 | +0.120% | $50K | $229K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4335 | +0.005% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4335 | +0.006% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4343 | +0.187% | $154K | $422K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4335 | +0.005% | $5K | $258K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4341 | +0.141% | $4.6M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4338 | +0.065% | $33K | $244K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4340 | +0.127% | $13.7M | $44.0M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4340 | +0.120% | $9.8M | $13.7M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4339 | +0.097% | $2.7M | $6.3M | 50x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4339 | +0.097% | $982K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4339 | +0.097% | $11.0M | $6.6M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4337 | +0.051% | $4.2M | $9.3M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4338 | +0.074% | $4.4M | $3.7M | 75x | as long as short |
| BingX TIA-USDCshort | +0.0100% | 4h | 0.4337 | +0.051% | — | $6.5M | — | |
| Backpack TIA_USDC_PERPlong | +0.0100% | 1h | 0.4335 | long leg | $100K | $172K | 10x | |
| Variational Omni TIA | +0.0100% | 4h | 0.4344 | +0.218% | $101K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4339 | +0.097% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4338 | +0.082% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4334 | −0.017% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4333 | −0.045% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4351 | +0.374% | $25K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0333% | 1h | 0.4340 | +0.129% | $344K | $205K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4341 | +0.143% | $1.7M | $701K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0359% / S −0.0613% | 1h | 0.4336 | +0.017% | $23K | — | 100x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4359 | +0.558% | $47K | $84K | 50x | as long as short |
| dYdX TIA-USD | +0.0469% | 1h | 0.4336 | +0.028% | $51K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
Coinbase International TIA-PERP-INTX
dYdX TIA-USD