Funding you earn now, next payment 00:00 UTC−0.0263%/8h= −28.7% APRpaid last 24h −0.077%
Price spread now: Kraken Futures against BingX+0.092%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1021.023% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 3 days (all we have)+0.121%+$12 · spread now +0.092%, 7d avg +0.072%
=The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.250%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TIA-USDC | 0.4372 | 0.0100 | pay 0.0050% / 4h | 45m 35s | — | $6.5M | — |
| Short | Kraken Futures PF_TIAUSD | 0.4376 | −0.0163 | pay 0.0020% / 1h | 45m 35s | $359K | $245K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$55.13
- Price spread: +0.092% → +0.072%
- $1.96
- Slippage, 4 orders
- −$82.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$155.47
- Costs to cover
- 1.023%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Kraken Futures: live order book, 32 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 BingX live order book, 5 min ago | 2.28 bp | 23.3 bp −$23 | 59.2 bp −$592 | 372.5 bp −$37.2K | 670.4 bp −$335.2K |
| Sell Kraken Futures live order book, 32 min ago | 14.99 bp | 32.6 bp −$33 | 80.4 bp −$804 | 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_TIAUSDshort | −0.0163% | 1h | 0.4376 | +0.092% | $359K | $245K | 50x | |
| OKX TIA-USDT-SWAP | −0.0144% | 4h | 0.4369 | −0.069% | $2.8M | $6.0M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0022% | 4h | 0.4372 | 0.000% | $4.2M | $8.6M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0006% | 1h | 0.4370 | −0.046% | $49K | $234K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4378 | +0.137% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4378 | +0.142% | $1K | — | 150x | as long as short |
| Gate TIA_USDT | +0.0056% | 4h | 0.4373 | +0.023% | $990K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4380 | +0.188% | $140K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4376 | +0.091% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4377 | +0.110% | $4.3M | $1.5M | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4375 | +0.075% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4372 | −0.003% | $14.6M | $42.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4369 | −0.069% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4372 | 0.000% | $13.6M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4374 | +0.046% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDClong | +0.0100% | 4h | 0.4372 | long leg | — | $6.5M | — | |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4378 | +0.128% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4382 | +0.228% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4377 | +0.114% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4370 | −0.041% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4377 | +0.120% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4369 | −0.057% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.389% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4384 | +0.274% | $27K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4371 | −0.023% | $1.1M | $568K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4378 | +0.136% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0612% | 1h | 0.4378 | +0.137% | $52K | $59 | 10x | as long as short |
BingX TIA-USDC
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]