Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against KuCoin+0.089%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1031.027% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 days−0.084%−$8 · spread now +0.089%, 7d avg −0.013%
Together, before fees+0.002%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.102% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TIAUSDTM0.45090.0100pay 0.0050% / 4h3h 21m$4.3M$10.1M50x
ShortBingX TIA-USDC0.45130.0100get 0.0050% / 4h3h 21m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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

Funding earned
$0
Price spread: +0.089% → −0.013%
$10.19
Slippage, 4 orders
−$80.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$92.46
Costs to cover
1.027%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; BingX: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago3.36 bp26.9 bp −$2768.9 bp −$689doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago3.36 bp27.9 bp −$2868.6 bp −$686522.5 bp −$52.2K778.0 bp −$389.0K

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX TIA/USD [ETH-USDC]L −0.3033% / S +0.0149%1h0.4502−0.156%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0111%1h0.4510+0.032%$355K$212K50xas long as short
ApeX Omni TIAUSDT−0.0013%1h0.4504−0.111%$52K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4516+0.155%$31K$23K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4516+0.157%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0028%4h0.4511+0.044%$2.8M$7.1M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4496−0.288%$83K$135K12xas long as short
Lighter TIA+0.0096%1h0.4518+0.200%$195K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4513+0.089%$7K$215K10xas long as short
Hyperliquid TIA+0.0100%1h0.4518+0.208%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4512+0.067%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4514+0.111%$14.6M$49.7M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4512+0.067%$10.2M$14.6M50xas long as short
Gate TIA_USDT+0.0100%4h0.4513+0.089%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4513+0.089%$11.4M$14.5M300xas long as short
KuCoin TIAUSDTMlong+0.0100%4h0.4509long leg$4.3M$10.1M50x
Bitget TIAUSDT+0.0100%4h0.4510+0.022%$4.5M$4.1M75xas long as short
BingX TIA-USDCshort+0.0100%4h0.4513+0.089%$6.5M
Backpack TIA_USDC_PERP+0.0100%1h0.4516+0.164%$104K$179K10xas long as short
Variational Omni TIA+0.0100%4h0.4464−1.006%$136K$77Kas long as short
HTX TIA-USDT+0.0100%4h0.4506−0.067%$60K$76K50xas long as short
Extended TIA-USD+0.0104%1h0.4507−0.047%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4513+0.100%$7K3xas long as short
dYdX TIA-USD+0.0121%1h0.4512+0.067%$54K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4510+0.031%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4504−0.111%$1.7M$775K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4515+0.133%$54K$108K50xas long as short