Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h −0.022%
Price spread now: OKX against Bybit−0.091%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.091%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.087% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TIAUSDT | 0.4380 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $9.9M | $13.9M | 50x |
| Short | OKX TIA-USDT-SWAP | 0.4376 | 0.0061 | get 0.0030% / 4h | 1h 21m | $2.8M | $6.5M | 50x |
Bybit TIAUSDT
OKX TIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$8.2
- Price spread: −0.091% → −0.004%
- −$8.74
- Slippage, 4 orders
- −$34.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$72.77
- Costs to cover
- 0.558%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago | 1.14 bp | 12.4 bp −$12 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.14 bp | 15.9 bp −$16 | 50.3 bp −$503 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4373 | −0.160% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4376 | −0.092% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0061% | 1h | 0.4371 | −0.205% | $50K | $225K | 50x | as long as short |
| OKX TIA-USDT-SWAPshort | +0.0061% | 4h | 0.4376 | −0.091% | $2.8M | $6.5M | 50x | |
| GMX TIA/USD [ETH-USDC] | L +0.0086% / S +0.0054% | 1h | 0.4374 | −0.132% | $6K | — | 100x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4387 | +0.158% | $151K | $426K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4374 | −0.137% | $7K | $251K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4387 | +0.160% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4380 | +0.006% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4381 | +0.020% | $13.7M | $47.5M | 75x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
GMX TIA/USD [ETH-USDC]
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDTlong | +0.0100% | 4h | 0.4380 | long leg | $9.9M | $13.9M | 50x | |
| Gate TIA_USDT | +0.0100% | 4h | 0.4382 | +0.046% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4383 | +0.068% | $12.9M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4379 | −0.023% | $4.2M | $9.8M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4378 | −0.046% | $4.4M | $3.8M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4382 | +0.046% | — | $104.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4373 | −0.155% | $101K | $172K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4369 | −0.246% | $102K | $50K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4376 | −0.091% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4377 | −0.058% | $56K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4372 | −0.173% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0145% | 1h | 0.4374 | −0.140% | $347K | $204K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4379 | −0.023% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4371 | −0.208% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4372 | −0.183% | $1.6M | $705K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4388 | +0.183% | $47K | $86K | 50x | as long as short |
| dYdX TIA-USD | +0.0460% | 1h | 0.4379 | −0.017% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD