Funding you earn now, next payment 00:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against Bybit+0.070%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$620.615% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.070%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.055% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TIAUSDT | 0.4301 | −0.0006 | get 0.0003% / 4h | 2h 00m | $9.3M | $13.0M | 50x |
| Short | BingX TIA-USDC | 0.4304 | 0.0100 | get 0.0050% / 4h | 2h 00m | — | $6.5M | — |
Bybit TIAUSDT
BingX TIA-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $22.24
- Price spread: +0.070% → +0.014%
- $5.54
- Slippage, 4 orders
- −$40.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$33.76
- Costs to cover
- 0.615%
- Break-even
- 17.6 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 5 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 Bybit live order book, 3 min ago | 1.16 bp | 13.4 bp −$13 | 35.4 bp −$354 | 177.6 bp −$17.8K | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.33 bp | 17.1 bp −$17 | 50.7 bp −$507 | 478.8 bp −$47.9K | 783.3 bp −$391.6K |
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 | −0.0391% | 1h | 0.4307 | +0.148% | $354K | $239K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0214% | 1h | 0.4308 | +0.163% | $30K | $27K | 25x | as long as short |
| Gate TIA_USDT | −0.0048% | 4h | 0.4303 | +0.047% | $992K | $1.8M | 75x | as long as short |
| KuCoin TIAUSDTM | −0.0046% | 4h | 0.4304 | +0.070% | $4.1M | $8.5M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0010% | 4h | 0.4302 | +0.023% | $2.7M | $5.8M | 50x | as long as short |
| Bybit TIAUSDTlong | −0.0006% | 4h | 0.4301 | long leg | $9.3M | $13.0M | 50x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4310 | +0.204% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0065% | 1h | 0.4305 | +0.093% | $48K | $237K | 50x | as long as short |
| Variational Omni TIA | +0.0087% | 4h | 0.4300 | −0.016% | $101K | $85K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4311 | +0.223% | $127K | $353K | 10x | as long as short |
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
Gate TIA_USDT
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Variational Omni TIA
Lighter TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4308 | +0.163% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4311 | +0.239% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4308 | +0.159% | $34K | $272K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4305 | +0.093% | $14.0M | $40.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4306 | +0.116% | $9.1M | $5.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4304 | +0.070% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDCshort | +0.0100% | 4h | 0.4304 | +0.070% | — | $6.5M | — | |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4306 | +0.119% | $100K | $151K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4299 | −0.047% | $64K | $41K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4302 | +0.030% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4307 | +0.140% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4304 | +0.073% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4345 | +1.023% | $48K | $72K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4318 | +0.395% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4307 | +0.140% | $1.0M | $539K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0456% / S −0.3505% | 1h | 0.4310 | +0.203% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0776% | 1h | 0.4306 | +0.111% | $51K | $59 | 10x | as long as short |
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD