TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.006%

Price spread now: MEXC against Bybit0.000%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$340.340% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days+0.038%+$4 · spread now 0.000%, 7d avg +0.043%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.043% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.043%). If the spread goes back, that is −$4 on $10k: about 3.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.006% in total) that is about 50 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TIAUSDT	0.4329	0.0052	pay 0.0026% / 4h	1h 45m	$9.5M	$13.2M	50x
Short	MEXC TIA_USDT	0.4329	0.0100	get 0.0050% / 4h	1h 45m	$14.1M	$6.7M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $10.04
Price spread: 0.000% → +0.043%: −$4.25
Slippage, 4 orders: −$22.99
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$28.21
Costs to cover: 0.340%
Break-even: 26.7 days

Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 3 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	15.6 bp −$16	34.4 bp −$344	174.5 bp −$17.4K	doesn't fit
Sell MEXC live order book, 3 min ago	1.16 bp	3.6 bp −$4	10.4 bp −$104	50.7 bp −$5,068	124.0 bp −$62.0K

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	0.4331	+0.054%	$354K	$242K	50x	as long as short
KuCoin TIAUSDTM	−0.0030%	4h	0.4328	−0.023%	$4.2M	$8.5M	50x	as long as short
Gate TIA_USDT	−0.0016%	4h	0.4328	−0.023%	$995K	$1.8M	75x	as long as short
OKX TIA-USDT-SWAP	−0.0015%	4h	0.4328	−0.023%	$2.7M	$5.9M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4329	0.000%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4330	+0.030%	$1K	—	150x	as long as short
Bybit TIAUSDTlong	+0.0052%	4h	0.4329	long leg	$9.5M	$13.2M	50x
Lighter TIA	+0.0096%	1h	0.4332	+0.072%	$128K	$351K	10x	as long as short
Variational Omni TIA	+0.0098%	4h	0.4320	−0.206%	$101K	$84K	—	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4328	−0.023%	$5K	$361K	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	0.4334	+0.122%	$4.2M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4328	−0.014%	$35K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4329	0.000%	$14.6M	$41.7M	75x	as long as short
MEXC TIA_USDTshort	+0.0100%	4h	0.4329	0.000%	$14.1M	$6.7M	300x
Bitget TIAUSDT	+0.0100%	4h	0.4329	0.000%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4328	−0.023%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4330	+0.032%	$100K	$150K	10x	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4322	−0.162%	$49K	$237K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4330	+0.023%	$64K	$41K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4329	−0.007%	$57K	$171K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4327	−0.038%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0106%	1h	0.4330	+0.023%	$26K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4327	−0.053%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0216%	1h	0.4330	+0.023%	$47K	$74K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4330	+0.023%	$1.1M	$549K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0457% / S −0.3505%	1h	0.4330	+0.014%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0650%	1h	0.4329	−0.011%	$51K	$59	10x	as long as short