Funding you earn now, next payment 04:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.045%
Price spread now: KuCoin against Bitget−0.023%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.023%, 7d avg +0.045%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.068% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TIAUSDT | 0.4431 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $4.5M | $3.4M | 75x |
| Short | KuCoin TIAUSDTM | 0.4430 | 0.0018 | get 0.0009% / 4h | 1h 28m | $4.3M | $9.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$17.22
- Price spread: −0.023% → +0.045%
- −$6.81
- Slippage, 4 orders
- −$55.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$103.99
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 10 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 Bitget live order book, 4 min ago | 2.25 bp | 15.1 bp −$15 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 2.27 bp | 25.4 bp −$25 | 85.5 bp −$855 | 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 | 0.4447 | +0.361% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4448 | +0.378% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTMshort | +0.0018% | 4h | 0.4430 | −0.023% | $4.3M | $9.0M | 50x | |
| Bybit TIAUSDT | +0.0022% | 4h | 0.4429 | −0.045% | $9.7M | $13.4M | 50x | as long as short |
| ApeX Omni TIAUSDT | +0.0059% | 1h | 0.4451 | +0.451% | $50K | $231K | 50x | as long as short |
| Variational Omni TIA | +0.0061% | 4h | 0.4448 | +0.374% | $104K | $85K | — | as long as short |
| Kraken Futures PF_TIAUSD | +0.0074% | 1h | 0.4448 | +0.394% | $364K | $205K | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0075% | 4h | 0.4432 | +0.023% | $2.8M | $6.1M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4439 | +0.181% | $156K | $415K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4441 | +0.223% | $4.8M | $1.6M | 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 | 0.4440 | +0.195% | $33K | $246K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4434 | +0.068% | $14.6M | $42.8M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4435 | +0.090% | $998K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4434 | +0.068% | $12.2M | $6.5M | 300x | as long as short |
| Bitget TIAUSDTlong | +0.0100% | 4h | 0.4431 | long leg | $4.5M | $3.4M | 75x | |
| BingX TIA-USDC | +0.0100% | 4h | 0.4432 | +0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4444 | +0.284% | $103K | $154K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4445 | +0.316% | $5K | $316K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4447 | +0.361% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4430 | −0.022% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4446 | +0.339% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4444 | +0.294% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0234% | 1h | 0.4434 | +0.069% | $53K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4448 | +0.384% | $1.4M | $720K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4460 | +0.654% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0496% / S −0.1196% | 1h | 0.4447 | +0.371% | $41K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4441 | +0.226% | $26K | $10K | 12x | as long as short |
Bitget TIAUSDT
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
ApeX Omni TIAUSDT
Variational Omni TIA
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP