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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.025%
Price spread now: Extended against ApeX Omni+0.117%92s7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.465% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)−0.677%−$68 · spread now +0.117%, 7d avg −0.089%
Together, before fees−0.698%+ Points / potential airdropExtended: Active · farm board−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.206% dearer against ApeX Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.089%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TIAUSDT0.45100.0003pay 0.0000% / 1h14m 00s$52K$224K50x
ShortExtended TIA-USD0.45150.0104get 0.0013% / 1h14m 00s$57K$211K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.2
Price spread: +0.117% → −0.089%
$20.61
Slippage, 4 orders
−$31.49
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$4.68
Costs to cover
0.465%
Break-even
8.5 days
Slippage from ApeX Omni: live order book, 17 min ago; Extended: live order book, 17 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, 17 min ago8.96 bp16.7 bp −$17118.5 bp −$1,185doesn't fitdoesn't fit
Sell Extended live order book, 17 min ago3.36 bp6.6 bp −$7doesn't fitdoesn'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
GMX TIA/USD [ETH-USDC]L −0.3390% / S +0.0161%1h0.4520+0.225%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0111%1h0.4524+0.315%$356K$206K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4522+0.266%$31K$23K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4521+0.243%$1K150xas long as short
ApeX Omni TIAUSDTlong+0.0003%1h0.4510long leg$52K$224K50x
Injective TIA/USDC PERP+0.0048%1h0.4519+0.200%$82K$156K12xas long as short
OKX TIA-USDT-SWAP+0.0049%4h0.4517+0.155%$2.8M$7.1M50xas long as short
Lighter TIA+0.0096%1h0.4529+0.430%$196K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4522+0.266%$7K$210K10xas long as short
Hyperliquid TIA+0.0100%1h0.4525+0.341%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4520+0.225%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4520+0.222%$14.7M$49.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4518+0.177%$10.2M$14.6M50xas long as short
Gate TIA_USDT+0.0100%4h0.4523+0.288%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4520+0.222%$11.5M$14.6M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4518+0.177%$4.4M$10.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4516+0.133%$4.5M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4519+0.200%$14.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4521+0.246%$104K$170K10xas long as short
Variational Omni TIA+0.0100%4h0.4514+0.085%$138K$77Kas long as short
HTX TIA-USDT+0.0100%4h0.4519+0.200%$60K$76K50xas long as short
Extended TIA-USDshort+0.0104%1h0.4515+0.117%$57K$211K25x
Aevo TIA-PERP+0.0104%1h0.4520+0.226%$7K3xas long as short
dYdX TIA-USD+0.0110%1h0.4528+0.399%$54K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4514+0.081%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4519+0.200%$1.7M$773K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4521+0.244%$54K$104K50xas long as short