Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against BingX−0.115%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now −0.115%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.097% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TIA-USDT | 0.4356 | 0.0100 | pay 0.0050% / 4h | 1h 47m | — | $103.1M | — |
| Short | OKX TIA-USDT-SWAP | 0.4351 | 0.0062 | get 0.0031% / 4h | 1h 47m | $2.7M | $6.5M | 50x |
BingX TIA-USDT
OKX TIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$7.91
- Price spread: −0.115% → −0.018%
- −$9.69
- Slippage, 4 orders
- −$27.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$65.58
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; OKX: 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 BingX live order book, 7 min ago | 2.30 bp | 8.3 bp −$8 | 15.9 bp −$159 | 51.6 bp −$5,160 | 381.7 bp −$190.9K |
| Sell OKX live order book, 6 min ago | 1.15 bp | 16.3 bp −$16 | 47.8 bp −$478 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4357 | +0.023% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4358 | +0.043% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0006% | 1h | 0.4353 | −0.069% | $50K | $227K | 50x | as long as short |
| OKX TIA-USDT-SWAPshort | +0.0062% | 4h | 0.4351 | −0.115% | $2.7M | $6.5M | 50x | |
| Lighter TIA | +0.0096% | 1h | 0.4361 | +0.115% | $150K | $424K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4356 | 0.000% | $7K | $255K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4362 | +0.138% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4356 | −0.002% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4354 | −0.046% | $13.6M | $47.5M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4354 | −0.046% | $9.8M | $14.0M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4358 | +0.046% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4355 | −0.023% | $13.0M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4355 | −0.023% | $4.2M | $9.7M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4351 | −0.115% | $4.4M | $3.9M | 75x | as long as short |
| BingX TIA-USDTlong | +0.0100% | 4h | 0.4356 | long leg | — | $103.1M | — | |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4355 | −0.016% | $101K | $172K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4351 | −0.120% | $101K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4357 | +0.023% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4352 | −0.102% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4356 | −0.011% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0129% / S +0.0053% | 1h | 0.4357 | +0.014% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0146% | 1h | 0.4356 | −0.002% | $345K | $201K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4358 | +0.046% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4352 | −0.095% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0270% | 1h | 0.4357 | +0.028% | $52K | $139 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4357 | +0.023% | $1.7M | $703K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4395 | +0.895% | $47K | $87K | 50x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
Reya TIARUSDPERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX