Funding you earn now, next payment 03:00 UTC−0.0380%/8h= −41.6% APRpaid last 24h −0.036%
Price spread now: Bitget against GMX−0.318%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.318% cheaper against GMX than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | GMX TIA/USD [ETH-USDC] | 0.4412 | L +0.0480% / S −0.1125% | pay 0.0060% / 1h | 57m 37s | $40K | — | 100x |
| Short | Bitget TIAUSDT | 0.4398 | 0.0100 | get 0.0050% / 4h | 1h 57m | $4.5M | $3.5M | 75x |
GMX TIA/USD [ETH-USDC]
Bitget TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GMX. 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
- −$79.88
- Price spread: −0.318% → 0.000%
- −$31.8
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$135.67
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 1.14 bp | 14.9 bp −$15 | 37.1 bp −$371 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TIA on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0014% | 4h | 0.4397 | −0.341% | $2.8M | $6.1M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4412 | −0.001% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4413 | +0.022% | $1K | — | 150x | as long as short |
| Backpack TIA_USDC_PERP | +0.0013% | 1h | 0.4410 | −0.039% | $102K | $149K | 10x | as long as short |
| KuCoin TIAUSDTM | +0.0016% | 4h | 0.4400 | −0.273% | $4.2M | $8.9M | 50x | as long as short |
| dYdX TIA-USD | +0.0060% | 1h | 0.4405 | −0.153% | $52K | $199 | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.0073% | 1h | 0.4415 | +0.067% | $50K | $233K | 50x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0075% | 1h | 0.4412 | +0.006% | $361K | $209K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4410 | −0.053% | $156K | $411K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4410 | −0.046% | $5K | $317K | 10x | as long as short |
OKX TIA-USDT-SWAP
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Backpack TIA_USDC_PERP
KuCoin TIAUSDTM
dYdX TIA-USD
ApeX Omni TIAUSDT
Kraken Futures PF_TIAUSD
Lighter TIA
Orderly PERP_TIA_USDCShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4408 | −0.082% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4407 | −0.105% | $32K | $245K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4400 | −0.273% | $14.5M | $42.7M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4398 | −0.318% | $9.5M | $13.3M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4404 | −0.182% | $991K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4400 | −0.273% | $12.3M | $6.5M | 300x | as long as short |
| Bitget TIAUSDTshort | +0.0100% | 4h | 0.4398 | −0.318% | $4.5M | $3.5M | 75x | |
| BingX TIA-USDT | +0.0100% | 4h | 0.4400 | −0.273% | — | $99.0M | — | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4409 | −0.075% | $103K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4416 | +0.090% | $59K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4397 | −0.341% | $42K | $198K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4413 | +0.024% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4396 | −0.366% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4430 | +0.407% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC]long | L +0.0480% / S −0.1125% | 1h | 0.4412 | long leg | $40K | — | 100x | |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4431 | +0.430% | $27K | $10K | 12x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
BingX TIA-USDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP