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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0227%/8h= +24.9% APRpaid last 24h −0.060%
Price spread now: Kraken Futures against Aster+0.040%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.273%+$27 on $10k
Price spread, last 4 days (all we have)+0.297%+$30 · spread now +0.040%, 7d avg +0.026%
Together, before fees+0.571%+ Points / potential airdropAster: Stage 5 · farm board+$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TIAUSDT0.44180.0100pay 0.0050% / 4h3h 56m$33K$244K10x
ShortKraken Futures PF_TIAUSD0.44200.0327get 0.0041% / 1h56m 34s$361K$193K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$47.7
Price spread: +0.040% → +0.026%
$1.43
Slippage, 4 orders
−$99.89
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$68.75
Costs to cover
1.179%
Break-even
17.1 days
Slippage from Aster: live order book, 60 min ago; Kraken Futures: live order book, 61 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 Aster live order book, 60 min ago9.07 bp21.6 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 61 min ago23.93 bp32.2 bp −$3275.0 bp −$750doesn'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
ApeX Omni TIAUSDT−0.0056%1h0.4417−0.034%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4419+0.012%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4419+0.020%$1K150xas long as short
Lighter TIA+0.0096%1h0.4421+0.048%$156K$416K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4417−0.034%$5K$243K10xas long as short
Variational Omni TIA+0.0100%4h0.4427+0.186%$103K$66Kas long as short
Hyperliquid TIA+0.0100%1h0.4421+0.068%$4.7M$1.5M5xas long as short
Aster TIAUSDTlong+0.0100%4h0.4418long leg$33K$244K10x
Binance TIAUSDT+0.0100%4h0.4415−0.080%$14.5M$43.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4408−0.237%$9.8M$13.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TIA-USDT-SWAP+0.0100%4h0.4405−0.305%$2.8M$6.2M50xas long as short
Gate TIA_USDT+0.0100%4h0.4413−0.124%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4411−0.169%$11.8M$6.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4416−0.056%$4.2M$9.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4407−0.260%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4408−0.237%$101.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4419+0.016%$103K$166K10xas long as short
HTX TIA-USDT+0.0100%4h0.4423+0.102%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4405−0.304%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4417−0.033%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4414−0.094%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4428+0.215%$26K$10K12xas long as short
Kraken Futures PF_TIAUSDshort+0.0327%1h0.4420+0.040%$361K$193K50x
BloFin TIA-USDT+0.0340%4h0.4426+0.170%$1.6M$738K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4449+0.691%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4418−0.001%$40K100xas long as short
dYdX TIA-USD+0.0683%1h0.4413−0.119%$52K$13910xas long as short