Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.026%

Price spread now: Reya against Aster−0.052%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 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 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.052% cheaper against Aster than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TIAUSDT	0.4328	0.0100	pay 0.0050% / 4h	1h 36m	$35K	$267K	10x
Short	Reya TIARUSDPERP	0.4326	0.0179	get 0.0022% / 1h	36m 23s	$6K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.052%Rate

Funding earned: $16.52
Price spread: −0.052% → 0.000%: −$5.21
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: −$2.69
Costs to cover: 0.140%
Break-even: 8.1 days

Slippage unknown: Aster: live order book, 45 min ago; Reya: 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, 45 min ago	4.61 bp	14.5 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Kraken Futures PF_TIAUSD	−0.0228%	1h	0.4334	+0.124%	$354K	$242K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	−0.0212%	1h	0.4329	+0.017%	$30K	$27K	25x	as long as short
OKX TIA-USDT-SWAP	−0.0049%	4h	0.4325	−0.076%	$2.7M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0046%	4h	0.4328	−0.006%	$4.2M	$8.5M	50x	as long as short
Gate TIA_USDT	−0.0038%	4h	0.4326	−0.052%	$994K	$1.8M	75x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4331	+0.071%	$1K	—	150x	as long as short
Variational Omni TIA	+0.0090%	4h	0.4337	+0.202%	$101K	$84K	—	as long as short
Lighter TIA	+0.0096%	1h	0.4334	+0.137%	$128K	$351K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4328	−0.006%	$5K	$361K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4334	+0.132%	$4.2M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDTlong	+0.0100%	4h	0.4328	long leg	$35K	$267K	10x
Binance TIAUSDT	+0.0100%	4h	0.4328	−0.006%	$14.6M	$41.9M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4328	−0.006%	$9.5M	$13.2M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4328	−0.006%	$14.1M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4326	−0.052%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4327	−0.029%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4330	+0.052%	$100K	$149K	10x	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4339	+0.248%	$49K	$237K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4330	+0.040%	$64K	$42K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4326	−0.058%	$57K	$171K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4331	+0.059%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0106%	1h	0.4342	+0.317%	$26K	$10K	12x	as long as short
Reya TIARUSDPERPshort	+0.0179%	1h	0.4326	−0.052%	$6K	—	15x
Coinbase International TIA-PERP-INTX	+0.0216%	1h	0.4339	+0.248%	$47K	$74K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4332	+0.086%	$1.1M	$549K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0457% / S −0.3505%	1h	0.4330	+0.047%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0714%	1h	0.4331	+0.071%	$51K	$59	10x	as long as short