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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0222%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h −0.061%
Price spread now: Kraken Futures against Aevo+0.105%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.105% dearer against Aevo than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TIA-PERP0.44260.0104pay 0.0013% / 1h49m 22s$7K3x
ShortKraken Futures PF_TIAUSD0.44300.0326get 0.0041% / 1h49m 22s$362K$193K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$46.7
Price spread: +0.105% → 0.000%
$10.47
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$31.17
Costs to cover
0.260%
Break-even
2.3 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Kraken Futures live order book, 3 min ago24.71 bp33.9 bp −$3475.4 bp −$754doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4426+0.006%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4424−0.043%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0090%4h0.4417−0.197%$2.8M$6.3M50xas long as short
Lighter TIA+0.0096%1h0.4430+0.085%$156K$417K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4424−0.039%$5K$240K10xas long as short
Hyperliquid TIA+0.0100%1h0.4428+0.053%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4427+0.028%$34K$241K10xas long as short
Binance TIAUSDT+0.0100%4h0.4422−0.085%$14.5M$43.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4420−0.130%$9.9M$13.4M50xas long as short
Gate TIA_USDT+0.0100%4h0.4425−0.017%$1.0M$1.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TIA_USDT+0.0100%4h0.4424−0.039%$11.9M$6.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4422−0.085%$4.3M$9.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4422−0.085%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4421−0.107%$101.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4426+0.015%$102K$170K10xas long as short
Variational Omni TIA+0.0100%4h0.4440+0.327%$103K$66Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4451+0.571%$50K$230K50xas long as short
HTX TIA-USDT+0.0100%4h0.4432+0.141%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4419−0.146%$56K$211K25xas long as short
Aevo TIA-PERPlong+0.0104%1h0.4426long leg$7K3x
Reya TIARUSDPERP+0.0181%1h0.4419−0.150%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4451+0.571%$26K$11K12xas long as short
Kraken Futures PF_TIAUSDshort+0.0326%1h0.4430+0.105%$362K$193K50x
BloFin TIA-USDT+0.0340%4h0.4435+0.209%$1.7M$738K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4456+0.684%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4423−0.055%$41K100xas long as short
dYdX TIA-USD+0.0526%1h0.4425−0.011%$53K$13910xas long as short