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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h −0.028%
Price spread now: ApeX Omni against Binance−0.158%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$590.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.460%+$46 · spread now −0.158%, 7d avg 0.000%
Together, before fees+0.481%+$48 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.159% cheaper against Binance than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TIAUSDT0.43890.0100pay 0.0050% / 4h45m 23s$14.3M$42.9M75x
ShortApeX Omni TIAUSDT0.4382−0.0027pay 0.0003% / 1h45m 23s$49K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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
−$26.66
Price spread: −0.158% → 0.000%
−$15.85
Slippage, 4 orders
−$38.71
Fee Binance: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$101.22
Costs to cover
0.587%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; ApeX Omni: live order book, 11 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 Binance live order book, 12 min ago2.27 bp11.4 bp −$1123.2 bp −$232129.4 bp −$12.9Kdoesn't fit
Sell ApeX Omni live order book, 11 min ago7.94 bp17.9 bp −$18123.8 bp −$1,238doesn'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
Bybit TIAUSDT−0.0115%4h0.4387−0.044%$9.6M$13.5M50xas long as short
Variational Omni TIA−0.0089%4h0.4386−0.074%$103K$85Kas long as short
ApeX Omni TIAUSDTshort−0.0027%1h0.4382−0.158%$49K$231K50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4391+0.047%$31K$27K25xas long as short
KuCoin TIAUSDTM+0.0002%4h0.4387−0.044%$4.2M$9.1M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4388−0.022%$1K150xas long as short
Lighter TIA+0.0096%1h0.4392+0.072%$155K$418K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4388−0.022%$5K$278K10xas long as short
Hyperliquid TIA+0.0100%1h0.4393+0.101%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4385−0.083%$32K$245K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDTlong+0.0100%4h0.4389long leg$14.3M$42.9M75x
OKX TIA-USDT-SWAP+0.0100%4h0.4384−0.113%$2.8M$6.2M50xas long as short
Gate TIA_USDT+0.0100%4h0.4389+0.001%$994K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4389+0.001%$12.0M$6.5M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4387−0.044%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4389+0.001%$99.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4392+0.079%$105K$157K10xas long as short
HTX TIA-USDT+0.0100%4h0.4383−0.136%$58K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4384−0.105%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4390+0.035%$7K3xas long as short
dYdX TIA-USD+0.0161%1h0.4388−0.019%$52K$19910xas long as short
Kraken Futures PF_TIAUSD+0.0165%1h0.4391+0.040%$359K$195K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4387−0.055%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4392+0.069%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4384−0.113%$1.6M$728K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4394+0.115%$51K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4389+0.001%$40K100xas long as short