TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.46 per $10,000 · paid last 24h +0.039%

Price spread now: Bybit against KuCoin0.000%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$790.794% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.034%−$3 · spread now 0.000%, 7d avg −0.029%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.029% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TIAUSDTM	0.4384	0.0026	pay 0.0013% / 4h	39m 07s	$4.2M	$9.1M	50x
Short	Bybit TIAUSDT	0.4384	−0.0067	pay 0.0033% / 4h	39m 07s	$9.6M	$13.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$19.53
Price spread: 0.000% → −0.029%: $2.93
Slippage, 4 orders: −$56.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$96.03
Costs to cover: 0.794%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 4 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	2.28 bp	33.2 bp −$33	103.3 bp −$1,033	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.14 bp	10.2 bp −$10	32.2 bp −$322	173.6 bp −$17.4K	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
Variational Omni TIA	−0.0081%	4h	0.4389	+0.107%	$103K	$85K	—	as long as short
Bybit TIAUSDTshort	−0.0067%	4h	0.4384	0.000%	$9.6M	$13.4M	50x
ApeX Omni TIAUSDT	−0.0028%	1h	0.4394	+0.228%	$49K	$231K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4387	+0.068%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4391	+0.157%	$1K	—	150x	as long as short
KuCoin TIAUSDTMlong	+0.0026%	4h	0.4384	long leg	$4.2M	$9.1M	50x
Lighter TIA	+0.0096%	1h	0.4391	+0.160%	$155K	$418K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4385	+0.023%	$5K	$273K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4390	+0.130%	$4.7M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4386	+0.048%	$32K	$245K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4388	+0.084%	$14.3M	$42.9M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4383	−0.023%	$2.8M	$6.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4388	+0.091%	$994K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4384	0.000%	$11.9M	$6.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4385	+0.023%	$4.4M	$3.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4382	−0.046%	—	$99.1M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4385	+0.027%	$102K	$157K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4389	+0.114%	$59K	$74K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4381	−0.071%	$55K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4386	+0.036%	$7K	—	3x	as long as short
Kraken Futures PF_TIAUSD	+0.0165%	1h	0.4389	+0.108%	$359K	$194K	50x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4387	+0.070%	$6K	—	15x	as long as short
Injective TIA/USDC PERP	+0.0237%	1h	0.4404	+0.456%	$26K	$10K	12x	as long as short
dYdX TIA-USD	+0.0282%	1h	0.4391	+0.164%	$52K	$199	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4389	+0.114%	$1.6M	$738K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0384%	1h	0.4406	+0.502%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0494% / S −0.1196%	1h	0.4390	+0.148%	$40K	—	100x	as long as short