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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bitget against BloFin+0.116%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.251%−$25 on $10k
Price spread, last 4 days (all we have)−0.319%−$32 · spread now +0.116%, 7d avg −0.088%
Together, before fees−0.570%−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.204% dearer against BloFin than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of −0.088%): +$20 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.251% in total) that is about 5.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TIA-USDT0.43080.0340pay 0.0170% / 4h2h 23m$1.7M$694K75x
ShortBitget TIAUSDT0.43130.0100get 0.0050% / 4h2h 23m$4.4M$3.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$50.4
Price spread: +0.116% → −0.088%
$20.4
Slippage, 4 orders
−$30.11
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$84.11
Costs to cover
0.541%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago4.65 bp10.8 bp −$1118.0 bp −$18070.2 bp −$7,023doesn't fit
Sell Bitget live order book, 5 min ago1.16 bp13.9 bp −$1436.2 bp −$362doesn'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
ApeX Omni TIAUSDT−0.0025%1h0.4295−0.302%$49K$227K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.43080.000%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4308+0.010%$1K150xas long as short
Lighter TIA+0.0096%1h0.4313+0.104%$149K$428K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4306−0.046%$6K$268K10xas long as short
Hyperliquid TIA+0.0100%1h0.4314+0.142%$4.6M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4307−0.013%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4313+0.108%$13.5M$44.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.43080.000%$9.6M$13.8M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4306−0.046%$2.7M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4311+0.070%$989K$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4309+0.023%$10.2M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4306−0.046%$4.1M$9.5M50xas long as short
Bitget TIAUSDTshort+0.0100%4h0.4313+0.116%$4.4M$3.7M75x
BingX TIA-USDC+0.0100%4h0.4307−0.023%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4311+0.074%$100K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4300−0.191%$100K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4309+0.023%$57K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4304−0.103%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4306−0.035%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4304−0.090%$6K15xas long as short
GMX TIA/USD [ETH-USDC]L +0.0192% / S +0.0051%1h0.4308−0.012%$6K100xas long as short
Kraken Futures PF_TIAUSD+0.0194%1h0.4309+0.030%$342K$205K50xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4302−0.139%$25K$11K12xas long as short
BloFin TIA-USDTlong+0.0340%4h0.4308long leg$1.7M$694K75x
Coinbase International TIA-PERP-INTX+0.0400%1h0.4378+1.625%$47K$84K50xas long as short
dYdX TIA-USD+0.0459%1h0.4311+0.073%$51K$13910xas long as short