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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0513%/8h= +56.2% APRpaid last 24h +0.533%
Price spread now: GMX against BingX+0.090%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and GMX is 0.090% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TIA-USDC0.43480.0100pay 0.0050% / 4h3h 08m$6.5M
ShortGMX TIA/USD [ETH-USDC]0.4352L +0.0359% / S −0.0613%get 0.0077% / 1h8m 05s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$107.73
Price spread: +0.090% → 0.000%
$9.04
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$94.76
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: BingX: live order book, 12 min ago; GMX: 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 BingX live order book, 12 min ago2.29 bp22.0 bp −$2263.3 bp −$633386.0 bp −$38.6K714.6 bp −$357.3K
Sell GMX no order-book sample
GMX: 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+0.644%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4352+0.092%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4352+0.091%$1K150xas long as short
Lighter TIA+0.0096%1h0.4355+0.168%$154K$422K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4349+0.023%$6K$255K10xas long as short
Hyperliquid TIA+0.0100%1h0.4353+0.117%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4349+0.023%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4349+0.031%$13.8M$43.8M75xas long as short
Bybit TIAUSDT+0.0100%4h0.43480.000%$9.8M$13.6M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4347−0.023%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4352+0.092%$988K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4350+0.046%$11.1M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4349+0.023%$4.2M$9.3M50xas long as short
Bitget TIAUSDT+0.0100%4h0.43480.000%$4.4M$3.5M75xas long as short
BingX TIA-USDClong+0.0100%4h0.4348long leg$6.5M
Backpack TIA_USDC_PERP+0.0100%1h0.4350+0.055%$102K$169K10xas long as short
Variational Omni TIA+0.0100%4h0.4361+0.292%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4352+0.092%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4348−0.009%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4350+0.057%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4349+0.013%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4382+0.782%$25K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0333%1h0.4348+0.006%$345K$205K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4353+0.115%$1.7M$714K75xas long as short
GMX TIA/USD [ETH-USDC]shortL +0.0359% / S −0.0613%1h0.4352+0.090%$23K100x
Coinbase International TIA-PERP-INTX+0.0400%1h0.4359+0.253%$47K$84K50xas long as short
dYdX TIA-USD+0.0419%1h0.4353+0.120%$52K$13910xas long as short