Funding arb · Price arb /

TIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.071%

Price spread now: BloFin against Aevo−0.115%53s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. BloFin is 0.115% cheaper against Aevo than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 39 hours of funding at the current rate (+$7 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TIA-PERP	0.4339	0.0104	pay 0.0013% / 1h	24m 02s	$7K	—	3x
Short	BloFin TIA-USDT	0.4334	0.0340	get 0.0170% / 4h	2h 24m	$1.0M	$519K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. 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 AevobpFee BloFinbpOrdersPrice spread, now −0.115%Rate

Funding earned: $49.56
Price spread: −0.115% → 0.000%: −$11.52
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: $10.04
Costs to cover: 0.280%
Break-even: 5.6 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 3 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 Aevo no order-book sample	—	—	—	—	—
Sell BloFin live order book, 3 min ago	3.46 bp	13.4 bp −$13	29.4 bp −$294	84.6 bp −$8,458	doesn't fit

Aevo: 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	−0.0388%	1h	0.4340	+0.012%	$357K	$239K	50x	as long as short
Bybit TIAUSDT	−0.0199%	4h	0.4336	−0.069%	$9.4M	$13.0M	50x	as long as short
ApeX Omni TIAUSDT	−0.0079%	1h	0.4329	−0.230%	$49K	$235K	50x	as long as short
Gate TIA_USDT	−0.0042%	4h	0.4337	−0.046%	$1.0M	$1.8M	75x	as long as short
OKX TIA-USDT-SWAP	−0.0022%	4h	0.4335	−0.092%	$2.7M	$5.8M	50x	as long as short
KuCoin TIAUSDTM	−0.0006%	4h	0.4336	−0.069%	$4.2M	$8.6M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4341	+0.046%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4341	+0.035%	$1K	—	150x	as long as short
Variational Omni TIA	+0.0039%	4h	0.4337	−0.038%	$101K	$85K	—	as long as short
Lighter TIA	+0.0096%	1h	0.4343	+0.099%	$128K	$353K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4338	−0.023%	$5K	$360K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4345	+0.131%	$4.2M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4338	−0.016%	$35K	$272K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4339	+0.008%	$14.1M	$41.1M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4340	+0.023%	$9.1M	$5.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4337	−0.046%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4338	−0.023%	—	$101.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4339	+0.005%	$103K	$150K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4314	−0.576%	$68K	$28K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4336	−0.070%	$58K	$169K	25x	as long as short
Aevo TIA-PERPlong	+0.0104%	1h	0.4339	long leg	$7K	—	3x
Reya TIARUSDPERP	+0.0178%	1h	0.4334	−0.110%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0200%	1h	0.4344	+0.115%	$48K	$72K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4344	+0.115%	$26K	$10K	12x	as long as short
BloFin TIA-USDTshort	+0.0340%	4h	0.4334	−0.115%	$1.0M	$519K	75x
GMX TIA/USD [ETH-USDC]	L +0.0457% / S −0.3505%	1h	0.4341	+0.044%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0834%	1h	0.4336	−0.069%	$51K	$59	10x	as long as short