Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0314%/8h= −34.3% APRpaid last 24h −0.057%

Price spread now: Deribit against Aster+0.013%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TIAUSDT	0.4311	0.0100	pay 0.0050% / 4h	2h 46m	$34K	$272K	10x
Short	Deribit TIA_USDC-PERPETUAL	0.4312	−0.0214	pay 0.0027% / 1h	46m 31s	$30K	$27K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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 AsterbpFee DeribitbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$65.86
Price spread: +0.013% → 0.000%: $1.31
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$79.55
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 40 min ago; Deribit: 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 Aster live order book, 40 min ago	4.61 bp	15.4 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Bybit TIAUSDT	−0.0602%	4h	0.4300	−0.265%	$9.3M	$13.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0390%	1h	0.4312	+0.003%	$355K	$239K	50x	as long as short
ApeX Omni TIAUSDT	−0.0273%	1h	0.4311	−0.010%	$49K	$235K	50x	as long as short
Deribit TIA_USDC-PERPETUALshort	−0.0214%	1h	0.4312	+0.013%	$30K	$27K	25x
Gate TIA_USDT	−0.0128%	4h	0.4305	−0.149%	$995K	$1.8M	75x	as long as short
OKX TIA-USDT-SWAP	−0.0025%	4h	0.4300	−0.265%	$2.7M	$5.7M	50x	as long as short
KuCoin TIAUSDTM	−0.0006%	4h	0.4304	−0.172%	$4.1M	$8.6M	50x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4313	+0.032%	$1K	—	150x	as long as short
Backpack TIA_USDC_PERP	+0.0013%	1h	0.4308	−0.075%	$102K	$153K	10x	as long as short
Variational Omni TIA	+0.0050%	4h	0.4309	−0.068%	$96K	$81K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TIA	+0.0096%	1h	0.4309	−0.047%	$127K	$353K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4312	+0.013%	$5K	$360K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4311	−0.003%	$4.2M	$1.5M	5x	as long as short
Aster TIAUSDTlong	+0.0100%	4h	0.4311	long leg	$34K	$272K	10x
Binance TIAUSDT	+0.0100%	4h	0.4305	−0.157%	$14.0M	$41.1M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4305	−0.149%	$9.1M	$5.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4307	−0.103%	$4.4M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4302	−0.219%	—	$6.5M	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4310	−0.033%	$73K	$15K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4302	−0.216%	$58K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4311	−0.014%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0178%	1h	0.4308	−0.087%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0200%	1h	0.4322	+0.245%	$48K	$71K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4318	+0.152%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4309	−0.056%	$993K	$512K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0456% / S −0.3505%	1h	0.4312	+0.022%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0878%	1h	0.4311	−0.010%	$51K	$59	10x	as long as short