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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h +0.028%
Price spread now: Bitget against ApeX Omni−0.202%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$680.677% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now −0.202%, 7d avg −0.085%
Together, before fees−0.145%−$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.118% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.085%). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.020% in total) that is about 42 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TIAUSDT0.44500.0001pay 0.0000% / 1h27m 29s$50K$231K50x
ShortBitget TIAUSDT0.44410.0100get 0.0050% / 4h27m 29s$4.5M$3.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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
$20.76
Price spread: −0.202% → −0.085%
−$11.75
Slippage, 4 orders
−$45.71
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$58.7
Costs to cover
0.677%
Break-even
26.8 days
Slippage from ApeX Omni: live order book, 29 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 29 min ago7.94 bp16.0 bp −$16105.9 bp −$1,059doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago1.13 bp17.9 bp −$1845.4 bp −$454doesn't fitdoesn't fit

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
Variational Omni TIA−0.0051%4h0.4426−0.545%$104K$85Kas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4451+0.022%$31K$27K25xas long as short
ApeX Omni TIAUSDTlong+0.0001%1h0.4450long leg$50K$231K50x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4439−0.249%$1K150xas long as short
Bybit TIAUSDT+0.0003%4h0.4442−0.180%$9.8M$13.5M50xas long as short
KuCoin TIAUSDTM+0.0048%4h0.4442−0.180%$4.3M$9.1M50xas long as short
Lighter TIA+0.0096%1h0.4454+0.088%$157K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.44500.000%$5K$273K10xas long as short
Hyperliquid TIA+0.0100%1h0.4448−0.038%$4.8M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4447−0.062%$33K$248K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4444−0.135%$14.5M$42.9M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4439−0.247%$2.8M$6.3M50xas long as short
Gate TIA_USDT+0.0100%4h0.4449−0.022%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4442−0.180%$12.0M$6.6M300xas long as short
Bitget TIAUSDTshort+0.0100%4h0.4441−0.202%$4.5M$3.5M75x
BingX TIA-USDT+0.0100%4h0.4447−0.067%$101.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4450+0.004%$103K$164K10xas long as short
HTX TIA-USDT+0.0100%4h0.4454+0.090%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4444−0.126%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4450+0.011%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0163%1h0.4452+0.041%$364K$195K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4439−0.240%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4452+0.045%$26K$10K12xas long as short
dYdX TIA-USD+0.0332%1h0.4451+0.026%$53K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4454+0.090%$1.6M$747K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4448−0.045%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0497% / S −0.1196%1h0.4440−0.233%$41K100xas long as short