Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h −0.041%

Price spread now: Coinbase International against Binance+0.057%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.545%−$55 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.057% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.545%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TIAUSDT	0.4401	0.0100	pay 0.0050% / 4h	2h 27m	$14.4M	$42.6M	75x
Short	Coinbase International TIA-PERP-INTX	0.4403	0.0304	get 0.0038% / 1h	27m 16s	$52K	$76K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee BinancebpFee Coinbase InternationalbpOrdersPrice spread, now +0.057%Rate

Funding earned: $42.84
Price spread: +0.057% → 0.000%: $5.67
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $28.51
Costs to cover: 0.200%
Break-even: 2.3 days

Slippage unknown: Binance: live order book, 15 min ago; Coinbase International: 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 Binance live order book, 15 min ago	1.15 bp	11.4 bp −$11	23.9 bp −$239	132.7 bp −$13.3K	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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 26 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
ApeX Omni TIAUSDT	−0.0165%	1h	0.4388	−0.284%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0071%	4h	0.4398	−0.057%	$2.8M	$6.1M	50x	as long as short
KuCoin TIAUSDTM	−0.0004%	4h	0.4400	−0.012%	$4.2M	$8.9M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4398	−0.049%	$359K	$214K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4403	+0.057%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4403	+0.053%	$1K	—	150x	as long as short
Bybit TIAUSDT	+0.0063%	4h	0.4397	−0.080%	$9.5M	$13.0M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4407	+0.159%	$156K	$407K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4402	+0.034%	$5K	$322K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4410	+0.213%	$4.7M	$1.7M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4400	−0.009%	$34K	$244K	10x	as long as short
Binance TIAUSDTlong	+0.0100%	4h	0.4401	long leg	$14.4M	$42.6M	75x
Gate TIA_USDT	+0.0100%	4h	0.4403	+0.057%	$990K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4403	+0.057%	$12.4M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4401	+0.011%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4401	+0.011%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4396	−0.093%	$102K	$162K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4385	−0.356%	$103K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4396	−0.102%	$59K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4399	−0.043%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4401	+0.012%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4402	+0.030%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0215%	1h	0.4402	+0.040%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4402	+0.034%	$27K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0304%	1h	0.4403	+0.057%	$52K	$76K	50x
GMX TIA/USD [ETH-USDC]	L +0.0464% / S −0.3505%	1h	0.4402	+0.044%	$36K	—	100x	as long as short