Funding you earn now, next payment 04:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.045%
Price spread now: Bitget against KuCoin0.000%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days−0.005%$0 · spread now 0.000%, 7d avg −0.045%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.045% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TIAUSDTM | 0.4394 | −0.0010 | get 0.0005% / 4h | 3h 04m | $4.2M | $8.8M | 50x |
| Short | Bitget TIAUSDT | 0.4394 | 0.0100 | get 0.0050% / 4h | 3h 04m | $4.5M | $3.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $23.1
- Price spread: 0.000% → −0.045%
- $4.54
- Slippage, 4 orders
- −$56.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.91
- Costs to cover
- 0.806%
- Break-even
- 23.0 days
Slippage from KuCoin: live order book, 4 min ago; Bitget: 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 KuCoin live order book, 4 min ago | 2.27 bp | 28.2 bp −$28 | 101.9 bp −$1,019 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.14 bp | 13.9 bp −$14 | 30.1 bp −$301 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0152% | 1h | 0.4396 | +0.052% | $361K | $225K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0140% | 4h | 0.4394 | 0.000% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTMlong | −0.0010% | 4h | 0.4394 | long leg | $4.2M | $8.8M | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4393 | −0.023% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4392 | −0.045% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4404 | +0.230% | $140K | $360K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4392 | −0.046% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4403 | +0.209% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4400 | +0.140% | $34K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4397 | +0.066% | $14.7M | $41.3M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4393 | −0.023% | $9.6M | $12.9M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4397 | +0.068% | $988K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4398 | +0.091% | $13.0M | $6.8M | 300x | as long as short |
| Bitget TIAUSDTshort | +0.0100% | 4h | 0.4394 | 0.000% | $4.5M | $3.1M | 75x | |
| BingX TIA-USDC | +0.0100% | 4h | 0.4396 | +0.046% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4392 | −0.039% | $102K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | −0.189% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4412 | +0.410% | $50K | $233K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4393 | −0.023% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4391 | −0.069% | $55K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4391 | −0.061% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4409 | +0.341% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4389 | −0.120% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4422 | +0.637% | $52K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4391 | −0.068% | $1.3M | $602K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4392 | −0.052% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0827% | 1h | 0.4399 | +0.117% | $52K | $199 | 10x | as long as short |
KuCoin TIAUSDTM
Bitget TIAUSDT
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]