TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.106%

Price spread now: KuCoin against BloFin−0.579%110s7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$840.841% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.314%−$31 on $10k

Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.579%, 7d avg −0.033%

Together, before fees−0.154%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.546% cheaper against BloFin than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of −0.033%). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TIA-USDT	0.4492	0.0340	pay 0.0170% / 4h	2h 57m	$1.7M	$768K	75x
Short	KuCoin TIAUSDTM	0.4466	0.0100	get 0.0050% / 4h	2h 57m	$4.3M	$10.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.579%Rate

Funding earned: −$50.4
Price spread: −0.579% → −0.033%: −$54.63
Slippage, 4 orders: −$60.06
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$189.09
Costs to cover: 0.841%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 11 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	3.33 bp	12.2 bp −$12	25.1 bp −$251	91.2 bp −$9,121	doesn't fit
Sell KuCoin live order book, 11 min ago	2.23 bp	28.3 bp −$28	99.1 bp −$991	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
GMX TIA/USD [ETH-USDC]	L −0.3914% / S +0.0179%	1h	0.4501	+0.192%	$6K	—	100x	as long as short
Kraken Futures PF_TIAUSD	−0.0167%	1h	0.4470	−0.489%	$352K	$198K	50x	as long as short
dYdX TIA-USD	0.0000%	1h	0.4469	−0.510%	$53K	$139	10x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4473	−0.423%	$31K	$20K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4497	+0.106%	$1K	—	150x	as long as short
Backpack TIA_USDC_PERP	+0.0022%	1h	0.4471	−0.459%	$103K	$171K	10x	as long as short
Injective TIA/USDC PERP	+0.0079%	1h	0.4518	+0.579%	$81K	$157K	12x	as long as short
OKX TIA-USDT-SWAP	+0.0094%	4h	0.4469	−0.512%	$2.8M	$7.0M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4477	−0.332%	$194K	$436K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4471	−0.467%	$7K	$205K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4477	−0.334%	$4.9M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4473	−0.429%	$33K	$249K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4472	−0.445%	$14.5M	$49.3M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4469	−0.512%	$10.1M	$14.5M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4471	−0.467%	$1.0M	$1.7M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4471	−0.467%	$10.9M	$14.3M	300x	as long as short
KuCoin TIAUSDTMshort	+0.0100%	4h	0.4466	−0.579%	$4.3M	$10.3M	50x
Bitget TIAUSDT	+0.0100%	4h	0.4467	−0.557%	$4.4M	$4.1M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4471	−0.467%	—	$6.5M	—	as long as short
Variational Omni TIA	+0.0100%	4h	0.4493	+0.015%	$138K	$78K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4497	+0.111%	$52K	$224K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4478	−0.312%	$60K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4470	−0.495%	$57K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4471	−0.456%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4468	−0.523%	$6K	—	15x	as long as short
BloFin TIA-USDTlong	+0.0340%	4h	0.4492	long leg	$1.7M	$768K	75x
Coinbase International TIA-PERP-INTX	+0.0408%	1h	0.4521	+0.646%	$54K	$99K	50x	as long as short