Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%

Price spread now: Extended against BingX−0.060%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.060% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TIA-USDC	0.4416	0.0100	pay 0.0050% / 4h	1h 42m	—	$6.5M	—
Short	Extended TIA-USD	0.4413	0.0104	get 0.0013% / 1h	42m 07s	$56K	$212K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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 BingXbpFee ExtendedbpOrdersPrice spread, now −0.060%Rate

Funding earned: $0.84
Price spread: −0.060% → 0.000%: −$6.05
Slippage, 4 orders: −$37.05
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$57.26
Costs to cover: 0.521%
Break-even: 484.2 days

Slippage from BingX: live order book, 8 min ago; Extended: live order book, 19 min ago.

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 BingX live order book, 8 min ago	3.41 bp	21.1 bp −$21	59.4 bp −$594	425.1 bp −$42.5K	698.8 bp −$349.4K
Sell Extended live order book, 19 min ago	3.40 bp	6.6 bp −$7	18.8 bp −$188	doesn't fit	doesn't fit

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
ApeX Omni TIAUSDT	−0.0036%	1h	0.4408	−0.181%	$50K	$232K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4418	+0.045%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4420	+0.088%	$1K	—	150x	as long as short
Bybit TIAUSDT	+0.0012%	4h	0.4409	−0.159%	$9.5M	$13.3M	50x	as long as short
KuCoin TIAUSDTM	+0.0020%	4h	0.4417	+0.023%	$4.2M	$9.0M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0029%	4h	0.4414	−0.045%	$2.8M	$6.1M	50x	as long as short
Kraken Futures PF_TIAUSD	+0.0075%	1h	0.4422	+0.135%	$361K	$208K	50x	as long as short
Variational Omni TIA	+0.0089%	4h	0.4399	−0.391%	$103K	$84K	—	as long as short
Lighter TIA	+0.0096%	1h	0.4424	+0.188%	$157K	$413K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4417	+0.023%	$5K	$317K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4422	+0.143%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4418	+0.051%	$32K	$246K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4414	−0.048%	$14.5M	$42.7M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4419	+0.068%	$994K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4418	+0.045%	$12.3M	$6.5M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4419	+0.068%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDClong	+0.0100%	4h	0.4416	long leg	—	$6.5M	—
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4416	+0.009%	$103K	$153K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4423	+0.159%	$59K	$74K	50x	as long as short
Extended TIA-USDshort	+0.0104%	1h	0.4413	−0.060%	$56K	$212K	25x
Aevo TIA-PERP	+0.0104%	1h	0.4417	+0.023%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4416	−0.004%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0233%	1h	0.4425	+0.207%	$53K	$199	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4421	+0.113%	$1.5M	$709K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0376%	1h	0.4430	+0.317%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0494% / S −0.1196%	1h	0.4419	+0.057%	$40K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0496%	1h	0.4410	−0.136%	$26K	$10K	12x	as long as short