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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0316%/8h= −34.6% APRnext payment $1.58 per $10,000 · paid last 24h −0.108%
Price spread now: Gate against BloFin−0.068%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$690.685% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 3 days (all we have)−0.079%−$8 · spread now −0.068%, 7d avg −0.037%
Together, before fees−0.426%−$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.032% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TIA-USDT0.43810.0340pay 0.0170% / 4h54m 40s$1.1M$565K75x
ShortGate TIA_USDT0.43780.0024get 0.0012% / 4h54m 40s$991K$1.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$66.36
Price spread: −0.068% → −0.037%
−$3.17
Slippage, 4 orders
−$41.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$138.04
Costs to cover
0.685%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago1.14 bp9.0 bp −$916.1 bp −$16167.5 bp −$6,750doesn't fit
Sell Gate live order book, 3 min ago4.57 bp27.0 bp −$2764.4 bp −$644doesn'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−0.0162%1h0.4379−0.055%$358K$243K50xas long as short
OKX TIA-USDT-SWAP−0.0145%4h0.4374−0.160%$2.8M$6.0M50xas long as short
KuCoin TIAUSDTM−0.0030%4h0.4378−0.068%$4.2M$8.6M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4380−0.023%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4380−0.017%$1K150xas long as short
Gate TIA_USDTshort+0.0024%4h0.4378−0.068%$991K$1.8M75x
Lighter TIA+0.0096%1h0.4385+0.084%$140K$361K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4379−0.046%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4384+0.066%$4.3M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4380−0.031%$35K$267K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4379−0.052%$14.6M$42.3M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4375−0.137%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4380−0.023%$13.9M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4377−0.091%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4378−0.068%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4377−0.094%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4375−0.139%$102K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4373−0.183%$49K$235K50xas long as short
HTX TIA-USDT+0.0100%4h0.4357−0.548%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4375−0.127%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4380−0.034%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4376−0.120%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4371−0.228%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4384+0.068%$27K$10K12xas long as short
BloFin TIA-USDTlong+0.0340%4h0.4381long leg$1.1M$565K75x
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4380−0.016%$36K100xas long as short
dYdX TIA-USD+0.0510%1h0.4381+0.009%$52K$5910xas long as short