Funding arb · Price arb /

TIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0425%/8h= +46.5% APRpaid last 24h +0.031%

Price spread now: HTX against ApeX Omni−0.251%76s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.065%+$7 on $10k

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. HTX is 0.251% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.251% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 47 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.065% in total) that is about 27 days. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TIAUSDT	0.4375	−0.0325	get 0.0041% / 1h	53m 55s	$49K	$234K	50x
Short	HTX TIA-USDT	0.4364	0.0100	get 0.0050% / 4h	3h 53m	$58K	$68K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.251%Rate

Funding earned: $89.26
Price spread: −0.251% → 0.000%: −$25.14
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $42.12
Costs to cover: 0.220%
Break-even: 3.7 days

Slippage unknown: ApeX Omni: live order book, 17 min ago; HTX: no order-book sample. 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 ApeX Omni live order book, 17 min ago	8.03 bp	16.1 bp −$16	126.5 bp −$1,265	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
ApeX Omni TIAUSDTlong	−0.0325%	1h	0.4375	long leg	$49K	$234K	50x
Bybit TIAUSDT	−0.0245%	4h	0.4369	−0.137%	$9.6M	$13.1M	50x	as long as short
OKX TIA-USDT-SWAP	−0.0204%	4h	0.4369	−0.137%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0153%	1h	0.4368	−0.157%	$359K	$247K	50x	as long as short
KuCoin TIAUSDTM	−0.0058%	4h	0.4369	−0.137%	$4.2M	$8.8M	50x	as long as short
Backpack TIA_USDC_PERP	−0.0048%	1h	0.4370	−0.103%	$103K	$154K	10x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4369	−0.137%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4367	−0.177%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4374	−0.032%	$139K	$359K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4365	−0.229%	$5K	$364K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4377	+0.043%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4367	−0.172%	$34K	$262K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4374	−0.023%	$14.6M	$41.9M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4372	−0.069%	$981K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4373	−0.046%	$13.3M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4371	−0.091%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4373	−0.046%	—	$6.5M	—	as long as short
Variational Omni TIA	+0.0100%	4h	0.4372	−0.071%	$102K	$84K	—	as long as short
HTX TIA-USDTshort	+0.0100%	4h	0.4364	−0.251%	$58K	$68K	50x
Extended TIA-USD	+0.0104%	1h	0.4370	−0.123%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4369	−0.127%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0117%	1h	0.4377	+0.046%	$27K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4362	−0.304%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4389	+0.320%	$51K	$77K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4371	−0.091%	$1.2M	$577K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0459% / S −0.3505%	1h	0.4365	−0.225%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0657%	1h	0.4364	−0.244%	$52K	$59	10x	as long as short