Funding you earn now, next payment 21:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h +0.095%
Price spread now: BloFin against GMX−0.085%7-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 −$2 a day on $10k at the current rate, and BloFin is 0.085% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TIA/USD [ETH-USDC] | 0.4355 | L +0.0395% / S −0.2692% | pay 0.0049% / 1h | 30m 54s | $28K | — | 100x |
| Short | BloFin TIA-USDT | 0.4351 | 0.0340 | get 0.0170% / 4h | 3h 30m | $969K | $495K | 75x |
GMX TIA/USD [ETH-USDC]
BloFin TIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$11.46
- Price spread: −0.085% → 0.000%
- −$8.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$43.95
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 16 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 BloFin live order book, 16 min ago | 1.16 bp | 9.0 bp −$9 | 24.0 bp −$240 | 71.9 bp −$7,191 | 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 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 | −0.0390% | 1h | 0.4356 | +0.031% | $364K | $233K | 50x | as long as short |
| Backpack TIA_USDC_PERP | −0.0200% | 1h | 0.4356 | +0.032% | $100K | $158K | 10x | as long as short |
| Gate TIA_USDT | −0.0102% | 4h | 0.4354 | −0.016% | $987K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0064% | 1h | 0.4338 | −0.383% | $49K | $235K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4357 | +0.053% | $36K | $22K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4355 | +0.007% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0004% | 4h | 0.4353 | −0.039% | $4.2M | $8.8M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0058% | 4h | 0.4351 | −0.085% | $2.7M | $5.8M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4361 | +0.138% | $123K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4353 | −0.039% | $5K | $357K | 10x | as long as short |
Kraken Futures PF_TIAUSD
Backpack TIA_USDC_PERP
Gate TIA_USDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4358 | +0.078% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4355 | +0.015% | $30K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4354 | −0.005% | $14.3M | $41.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4352 | −0.062% | $9.5M | $12.8M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4357 | +0.053% | $9.3M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4353 | −0.039% | $4.5M | $3.6M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4353 | −0.039% | — | $6.5M | — | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4339 | −0.371% | $100K | $78K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4349 | −0.131% | $74K | $15K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4354 | −0.024% | $74K | $154K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4358 | +0.067% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0144% | 1h | 0.4357 | +0.053% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4351 | −0.085% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4359 | +0.099% | $49K | $71K | 50x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4351 | −0.085% | $969K | $495K | 75x | |
| GMX TIA/USD [ETH-USDC]long | L +0.0395% / S −0.2692% | 1h | 0.4355 | long leg | $28K | — | 100x | |
| dYdX TIA-USD | +0.0562% | 1h | 0.4354 | −0.020% | $52K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
dYdX TIA-USD