Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against BingX−0.023%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$900.897% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.023%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.038% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TIA-USDC | 0.4353 | 0.0100 | pay 0.0050% / 4h | 3h 30m | — | $6.5M | — |
| Short | KuCoin TIAUSDTM | 0.4352 | 0 | get 0.0000% / 4h | 3h 30m | $4.2M | $8.8M | 50x |
BingX TIA-USDC
KuCoin TIAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$21
- Price spread: −0.023% → +0.015%
- −$3.84
- Slippage, 4 orders
- −$67.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$114.54
- Costs to cover
- 0.897%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; KuCoin: 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 BingX live order book, 15 min ago | 2.32 bp | 17.7 bp −$18 | 50.6 bp −$506 | 401.6 bp −$40.2K | 733.2 bp −$366.6K |
| Sell KuCoin live order book, 4 min ago | 2.31 bp | 28.2 bp −$28 | 87.3 bp −$873 | 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 | −0.0390% | 1h | 0.4355 | +0.050% | $364K | $233K | 50x | as long as short |
| Backpack TIA_USDC_PERP | −0.0200% | 1h | 0.4356 | +0.071% | $100K | $158K | 10x | as long as short |
| Gate TIA_USDT | −0.0122% | 4h | 0.4352 | −0.023% | $986K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0064% | 1h | 0.4338 | −0.345% | $49K | $235K | 50x | as long as short |
| KuCoin TIAUSDTMshort | 0.0000% | 4h | 0.4352 | −0.023% | $4.2M | $8.8M | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4355 | +0.046% | $36K | $22K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4356 | +0.069% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0056% | 4h | 0.4350 | −0.069% | $2.7M | $5.8M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4358 | +0.122% | $123K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4355 | +0.046% | $5K | $357K | 10x | as long as short |
Kraken Futures PF_TIAUSD
Backpack TIA_USDC_PERP
Gate TIA_USDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4358 | +0.124% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4356 | +0.074% | $30K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4352 | −0.027% | $14.3M | $41.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4352 | −0.023% | $9.5M | $12.8M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4355 | +0.046% | $9.3M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4354 | +0.023% | $4.5M | $3.6M | 75x | as long as short |
| BingX TIA-USDClong | +0.0100% | 4h | 0.4353 | long leg | — | $6.5M | — | |
| Variational Omni TIA | +0.0100% | 4h | 0.4350 | −0.059% | $97K | $82K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4336 | −0.391% | $74K | $15K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4351 | −0.038% | $74K | $154K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4356 | +0.077% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0144% | 1h | 0.4357 | +0.092% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4352 | −0.018% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4359 | +0.138% | $49K | $71K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4351 | −0.046% | $969K | $495K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0394% / S −0.2692% | 1h | 0.4355 | +0.043% | $28K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0574% | 1h | 0.4357 | +0.088% | $52K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD