Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against BloFin−0.137%96s7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.219%−$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.137% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TIA-USDT0.43830.0340pay 0.0170% / 4h3h 19m$1.7M$729K75x
ShortBingX TIA-USDC0.43770.0100get 0.0050% / 4h3h 19m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.137% → 0.000%
−$13.69
Slippage, 4 orders
−$49.39
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$135.48
Costs to cover
0.714%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago3.43 bp13.6 bp −$1426.0 bp −$26077.1 bp −$7,709doesn't fit
Sell BingX live order book, 16 min ago3.40 bp22.9 bp −$2363.1 bp −$631489.4 bp −$48.9K787.4 bp −$393.7K

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TIAUSDT−0.0067%1h0.43830.000%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4390+0.160%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4389+0.135%$1K150xas long as short
Lighter TIA+0.0096%1h0.4384+0.021%$155K$420K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4388+0.114%$6K$250K10xas long as short
Hyperliquid TIA+0.0100%1h0.4384+0.021%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4379−0.087%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4379−0.091%$13.9M$43.7M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4377−0.137%$9.8M$13.6M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4376−0.160%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4382−0.023%$995K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4376−0.160%$11.2M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4379−0.091%$4.2M$9.3M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4381−0.046%$4.4M$3.5M75xas long as short
BingX TIA-USDCshort+0.0100%4h0.4377−0.137%$6.5M
Backpack TIA_USDC_PERP+0.0100%1h0.4386+0.078%$101K$167K10xas long as short
Variational Omni TIA+0.0100%4h0.4378−0.120%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4380−0.068%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4375−0.182%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4389+0.128%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4377−0.140%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4374−0.205%$25K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0330%1h0.4386+0.071%$359K$193K50xas long as short
BloFin TIA-USDTlong+0.0340%4h0.4383long leg$1.7M$729K75x
Coinbase International TIA-PERP-INTX+0.0400%1h0.4397+0.319%$49K$78K50xas long as short
dYdX TIA-USD+0.0476%1h0.4380−0.063%$52K$13910xas long as short
GMX TIA/USD [ETH-USDC]L +0.0493% / S −0.1196%1h0.4389+0.137%$40K100xas long as short