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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: HTX against Backpack+0.404%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.404% dearer against Backpack than usual: you sell high and buy low, +$40 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack TIA_USDC_PERP0.43590.0100pay 0.0013% / 1h9m 23s$101K$168K10x
ShortHTX TIA-USDT0.43770.0100get 0.0050% / 4h3h 09m$58K$73K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Backpack. 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
$0
Price spread: +0.404% → 0.000%
$40.37
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
$18.37
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Backpack: live order book, 44 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 44 min ago2.02 bp12.9 bp −$13doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TIAUSDT−0.0048%1h0.4376+0.381%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4360+0.014%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4359−0.007%$1K150xas long as short
Lighter TIA+0.0096%1h0.4368+0.193%$155K$421K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4357−0.055%$6K$255K10xas long as short
Hyperliquid TIA+0.0100%1h0.4363+0.092%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4361+0.039%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4357−0.054%$13.8M$43.7M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4358−0.032%$9.8M$13.6M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4352−0.170%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4359−0.009%$990K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4359−0.009%$11.2M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4357−0.055%$4.2M$9.3M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4360+0.014%$4.4M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4356−0.078%$6.5Mas long as short
Backpack TIA_USDC_PERPlong+0.0100%1h0.4359long leg$101K$168K10x
Variational Omni TIA+0.0100%4h0.4361+0.030%$102K$51Kas long as short
HTX TIA-USDTshort+0.0100%4h0.4377+0.404%$58K$73K50x
Extended TIA-USD+0.0104%1h0.4357−0.064%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4354−0.126%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4354−0.117%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4382+0.518%$25K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0331%1h0.4362+0.062%$346K$205K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4371+0.266%$1.7M$716K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0360% / S −0.0613%1h0.4358−0.026%$23K100xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4376+0.381%$47K$83K50xas long as short
dYdX TIA-USD+0.0413%1h0.4365+0.132%$52K$13910xas long as short