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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.098%
Price spread now: ApeX Omni against BloFin−0.022%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 4 days (all we have)−0.372%−$37 · spread now −0.022%, 7d avg −0.017%
Together, before fees−0.658%−$66 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TIA-USDT0.44950.0340pay 0.0170% / 4h3h 01m$1.7M$769K75x
ShortApeX Omni TIAUSDT0.44940.0096get 0.0012% / 1h1m 45s$51K$224K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$51.26
Price spread: −0.022% → −0.017%
−$0.56
Slippage, 4 orders
−$39.63
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$113.45
Costs to cover
0.616%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; ApeX Omni: live order book, 29 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 BloFin live order book, 6 min ago3.33 bp12.2 bp −$1217.2 bp −$17277.0 bp −$7,703doesn't fit
Sell ApeX Omni live order book, 29 min ago8.96 bp16.5 bp −$16122.7 bp −$1,227doesn'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
GMX TIA/USD [ETH-USDC]L −0.3872% / S +0.0177%1h0.4499+0.090%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4497+0.037%$354K$198K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4499+0.089%$31K$21K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4499+0.089%$1K150xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4518+0.512%$81K$157K12xas long as short
OKX TIA-USDT-SWAP+0.0082%4h0.4496+0.022%$2.9M$7.0M50xas long as short
ApeX Omni TIAUSDTshort+0.0096%1h0.4494−0.022%$51K$224K50x
Lighter TIA+0.0096%1h0.4507+0.265%$195K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4498+0.067%$7K$207K10xas long as short
Hyperliquid TIA+0.0100%1h0.4505+0.220%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4502+0.146%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4499+0.089%$14.6M$49.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4497+0.044%$10.2M$14.5M50xas long as short
Gate TIA_USDT+0.0100%4h0.4500+0.111%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4499+0.089%$11.1M$14.7M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4497+0.044%$4.3M$10.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4496+0.022%$4.5M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4498+0.067%$14.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4498+0.069%$104K$171K10xas long as short
Variational Omni TIA+0.0100%4h0.4494−0.028%$138K$78Kas long as short
HTX TIA-USDT+0.0100%4h0.4508+0.289%$60K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4495+0.001%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4498+0.058%$7K3xas long as short
dYdX TIA-USD+0.0143%1h0.4501+0.140%$53K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4494−0.016%$6K15xas long as short
BloFin TIA-USDTlong+0.0340%4h0.4495long leg$1.7M$769K75x
Coinbase International TIA-PERP-INTX+0.0416%1h0.4521+0.578%$54K$104K50xas long as short