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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%
Price spread now: ApeX Omni against Bitget−0.091%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$620.617% 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 3 days (all we have)+0.282%+$28 · spread now −0.091%, 7d avg +0.087%
Together, before fees+0.261%+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.177% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TIAUSDT0.44070.0100pay 0.0050% / 4h3h 13m$4.5M$3.1M75x
ShortApeX Omni TIAUSDT0.44030.0100get 0.0013% / 1h13m 06s$50K$233K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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: −0.091% → +0.087%
−$17.75
Slippage, 4 orders
−$39.68
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$79.43
Costs to cover
0.617%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; ApeX Omni: live order book, 58 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 Bitget live order book, 5 min ago2.28 bp15.1 bp −$1533.0 bp −$330doesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago8.03 bp16.2 bp −$16122.4 bp −$1,224doesn'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
Kraken Futures PF_TIAUSD−0.0152%1h0.4412+0.115%$363K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0133%4h0.4404−0.068%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0022%4h0.4406−0.023%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4410+0.068%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4410+0.071%$1K150xas long as short
Lighter TIA+0.0096%1h0.4414+0.161%$140K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4410+0.068%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4412+0.113%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4412+0.108%$35K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4408+0.023%$14.7M$41.2M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4404−0.068%$9.7M$12.9M50xas long as short
Gate TIA_USDT+0.0100%4h0.4411+0.091%$991K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4408+0.023%$13.1M$6.8M300xas long as short
Bitget TIAUSDTlong+0.0100%4h0.4407long leg$4.5M$3.1M75x
BingX TIA-USDT+0.0100%4h0.44070.000%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4409+0.041%$102K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4393−0.322%$103K$84Kas long as short
ApeX Omni TIAUSDTshort+0.0100%1h0.4403−0.091%$50K$233K50x
HTX TIA-USDT+0.0100%4h0.4414+0.159%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4407+0.007%$55K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4408+0.015%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4421+0.318%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4406−0.025%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4422+0.340%$52K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.44070.000%$1.3M$599K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0462% / S −0.3505%1h0.4409+0.052%$36K100xas long as short
dYdX TIA-USD+0.0880%1h0.4416+0.207%$52K$19910xas long as short