Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%

Price spread now: Gate against ApeX Omni−0.092%96s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$850.850% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.092%, 7d avg −0.018%

Together, before fees−0.194%−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.074% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.018%. The two prices were read 96 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	ApeX Omni TIAUSDT	0.4334	0.0100	pay 0.0013% / 1h	37m 46s	$50K	$228K	50x
Short	Gate TIA_USDT	0.4330	0.0100	get 0.0050% / 4h	2h 37m	$971K	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee GatebpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → −0.018%: −$7.38
Slippage, 4 orders: −$59.97
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$92.36
Costs to cover: 0.850%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 8 min ago; Gate: live order book, 5 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 ApeX Omni live order book, 8 min ago	8.04 bp	17.5 bp −$17	127.4 bp −$1,274	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	6.92 bp	27.4 bp −$27	74.0 bp −$740	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
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4328	−0.138%	$30K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4327	−0.162%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4335	+0.030%	$154K	$423K	10x	as long as short
OKX TIA-USDT-SWAP	+0.0097%	4h	0.4330	−0.092%	$2.7M	$6.3M	50x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4324	−0.231%	$6K	$273K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4336	+0.051%	$4.6M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4328	−0.148%	$33K	$243K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4331	−0.075%	$13.6M	$44.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4331	−0.069%	$9.7M	$13.8M	50x	as long as short
Gate TIA_USDTshort	+0.0100%	4h	0.4330	−0.092%	$971K	$1.8M	75x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TIA_USDT	+0.0100%	4h	0.4332	−0.046%	$10.4M	$6.5M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4328	−0.138%	$4.2M	$9.4M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4331	−0.069%	$4.4M	$3.7M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4330	−0.092%	—	$103.1M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4329	−0.111%	$100K	$174K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4329	−0.120%	$101K	$51K	—	as long as short
ApeX Omni TIAUSDTlong	+0.0100%	1h	0.4334	long leg	$50K	$228K	50x
HTX TIA-USDT	+0.0100%	4h	0.4324	−0.231%	$58K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4326	−0.188%	$55K	$212K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4326	−0.173%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4325	−0.204%	$6K	—	15x	as long as short
Kraken Futures PF_TIAUSD	+0.0193%	1h	0.4330	−0.086%	$343K	$205K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0218% / S +0.0050%	1h	0.4325	−0.215%	$6K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0237%	1h	0.4324	−0.231%	$25K	$11K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4321	−0.300%	$1.6M	$697K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4378	+1.015%	$47K	$84K	50x	as long as short
dYdX TIA-USD	+0.0543%	1h	0.4332	−0.038%	$51K	$139	10x	as long as short