TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.078%

Price spread now: Bybit against BloFin+0.161%7-day average −0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.269%−$27 on $10k

Price spread, last 3 days (all we have)−0.285%−$28 · spread now +0.161%, 7d avg −0.074%

Together, before fees−0.553%−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.236% dearer against BloFin than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of −0.074%): +$24 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TIA-USDT	0.4336	0.0340	pay 0.0170% / 4h	1h 06m	$1.1M	$557K	75x
Short	Bybit TIAUSDT	0.4343	0.0100	get 0.0050% / 4h	1h 06m	$9.5M	$13.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$50.45
Price spread: +0.161% → −0.074%: $23.58
Slippage, 4 orders: −$22.39
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$72.26
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 7 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, 6 min ago	1.15 bp	12.6 bp −$13	20.0 bp −$200	57.1 bp −$5,711	doesn't fit
Sell Bybit live order book, 7 min ago	1.15 bp	12.7 bp −$13	32.8 bp −$328	179.8 bp −$18.0K	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	−0.0228%	1h	0.4342	+0.140%	$355K	$241K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0146%	4h	0.4342	+0.138%	$2.8M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0044%	4h	0.4342	+0.138%	$4.2M	$8.6M	50x	as long as short
Gate TIA_USDT	−0.0028%	4h	0.4339	+0.069%	$996K	$1.8M	75x	as long as short
ApeX Omni TIAUSDT	−0.0020%	1h	0.4335	−0.023%	$49K	$236K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4343	+0.161%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4341	+0.118%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4349	+0.302%	$128K	$351K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4338	+0.046%	$5K	$362K	10x	as long as short
Bybit TIAUSDTshort	+0.0100%	4h	0.4343	+0.161%	$9.5M	$13.2M	50x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TIA	+0.0100%	4h	0.4333	−0.060%	$101K	$84K	—	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4351	+0.353%	$4.3M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4343	+0.161%	$35K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4345	+0.208%	$14.4M	$42.0M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4345	+0.208%	$14.1M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4344	+0.185%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4343	+0.161%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4342	+0.131%	$100K	$152K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4342	+0.138%	$65K	$42K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4340	+0.083%	$57K	$167K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4339	+0.069%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0106%	1h	0.4333	−0.069%	$26K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4337	+0.028%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0216%	1h	0.4348	+0.277%	$48K	$73K	50x	as long as short
BloFin TIA-USDTlong	+0.0340%	4h	0.4336	long leg	$1.1M	$557K	75x
GMX TIA/USD [ETH-USDC]	L +0.0458% / S −0.3505%	1h	0.4341	+0.123%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0721%	1h	0.4344	+0.185%	$52K	$59	10x	as long as short