TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0257%/8h= −28.2% APRnext payment −$1.29 per $10,000 · paid last 24h −0.028%

Price spread now: OKX against MEXC−0.091%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$360.362% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days+0.081%+$8 · spread now −0.091%, 7d avg −0.047%

Together, before fees+0.033%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.044% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.047%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TIA_USDT	0.4401	0.0100	pay 0.0050% / 4h	3h 25m	$13.3M	$6.7M	300x
Short	OKX TIA-USDT-SWAP	0.4397	−0.0157	pay 0.0079% / 4h	3h 25m	$2.8M	$5.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$54.07
Price spread: −0.091% → −0.047%: −$4.43
Slippage, 4 orders: −$26.19
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$94.7
Costs to cover: 0.362%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; OKX: 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 MEXC live order book, 3 min ago	1.14 bp	2.9 bp −$3	8.0 bp −$80	54.4 bp −$5,440	133.5 bp −$66.8K
Sell OKX live order book, 3 min ago	1.14 bp	15.5 bp −$15	48.2 bp −$482	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
OKX TIA-USDT-SWAPshort	−0.0157%	4h	0.4397	−0.091%	$2.8M	$5.9M	50x
Kraken Futures PF_TIAUSD	−0.0152%	1h	0.4393	−0.191%	$361K	$225K	50x	as long as short
KuCoin TIAUSDTM	−0.0024%	4h	0.4391	−0.227%	$4.2M	$8.8M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4395	−0.136%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4394	−0.156%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4402	+0.020%	$140K	$359K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4393	−0.182%	$5K	$362K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4404	+0.070%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4393	−0.181%	$34K	$249K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4399	−0.045%	$14.6M	$41.1M	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	0.4397	−0.091%	$9.7M	$12.8M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4401	0.000%	$989K	$1.8M	75x	as long as short
MEXC TIA_USDTlong	+0.0100%	4h	0.4401	long leg	$13.3M	$6.7M	300x
Bitget TIAUSDT	+0.0100%	4h	0.4398	−0.068%	$4.5M	$3.2M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4399	−0.045%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4400	−0.030%	$102K	$154K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4386	−0.346%	$102K	$84K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4381	−0.454%	$49K	$235K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4394	−0.159%	$58K	$68K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4391	−0.227%	$55K	$173K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4394	−0.168%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0117%	1h	0.4385	−0.364%	$27K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4391	−0.235%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4398	−0.068%	$51K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4392	−0.204%	$1.2M	$580K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0461% / S −0.3505%	1h	0.4395	−0.147%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.1034%	1h	0.4393	−0.182%	$52K	$59	10x	as long as short