Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Binance against BloFin−0.042%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.042%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TIA-USDT | 0.4357 | 0.0340 | pay 0.0170% / 4h | 1h 47m | $1.7M | $703K | 75x |
| Short | Binance TIAUSDT | 0.4355 | 0.0100 | get 0.0050% / 4h | 1h 47m | $13.6M | $47.5M | 75x |
BloFin TIA-USDT
Binance TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$50.4
- Price spread: −0.042% → −0.004%
- −$3.75
- Slippage, 4 orders
- −$19.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.16
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Binance: 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 BloFin live order book, 5 min ago | 1.15 bp | 9.3 bp −$9 | 16.3 bp −$163 | 60.2 bp −$6,021 | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.15 bp | 8.1 bp −$8 | 19.8 bp −$198 | 85.4 bp −$8,542 | 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 | 0.000% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4358 | +0.020% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0006% | 1h | 0.4353 | −0.092% | $50K | $227K | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0062% | 4h | 0.4351 | −0.138% | $2.7M | $6.5M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4361 | +0.092% | $150K | $424K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4356 | −0.023% | $7K | $255K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4363 | +0.133% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4356 | −0.025% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDTshort | +0.0100% | 4h | 0.4355 | −0.042% | $13.6M | $47.5M | 75x | |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4355 | −0.046% | $9.8M | $14.0M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster 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 | +0.023% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4355 | −0.046% | $13.0M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4355 | −0.046% | $4.2M | $9.7M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4353 | −0.092% | $4.4M | $3.9M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4356 | −0.023% | — | $103.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4358 | +0.021% | $101K | $172K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4351 | −0.143% | $101K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4357 | 0.000% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4352 | −0.125% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4356 | −0.034% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0129% / S +0.0053% | 1h | 0.4357 | −0.009% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0146% | 1h | 0.4356 | −0.025% | $345K | $201K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4358 | +0.023% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4352 | −0.118% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0270% | 1h | 0.4357 | +0.005% | $52K | $139 | 10x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4357 | long leg | $1.7M | $703K | 75x | |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4395 | +0.872% | $47K | $87K | 50x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
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
Coinbase International TIA-PERP-INTX