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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0524%/8h= −57.4% APRpaid last 24h +0.434%
Price spread now: GMX against BloFin+0.086%51s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.086% dearer against BloFin than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TIA-USDT0.43990.0340pay 0.0170% / 4h2h 19m$1.6M$755K75x
ShortGMX TIA/USD [ETH-USDC]0.4403L −0.4075% / S +0.0184%pay 0.0023% / 1h19m 48s$5K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$110.05
Price spread: +0.086% → 0.000%
$8.59
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$125.46
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 1 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 BloFin live order book, 1 min ago3.41 bp11.2 bp −$1119.2 bp −$19273.5 bp −$7,346doesn't fit
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 exchanges

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]shortL −0.4075% / S +0.0184%1h0.4403+0.086%$5K100x
Bybit TIAUSDT−0.0273%4h0.4394−0.114%$9.6M$14.9M50xas long as short
ApeX Omni TIAUSDT−0.0225%1h0.4396−0.068%$51K$223K50xas long as short
Kraken Futures PF_TIAUSD−0.0170%1h0.4403+0.101%$369K$221K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4403+0.091%$33K$22K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4401+0.039%$1K150xas long as short
dYdX TIA-USD+0.0039%1h0.4401+0.048%$52K$13910xas long as short
Injective TIA/USDC PERP+0.0079%1h0.4400+0.023%$78K$158K12xas long as short
Lighter TIA+0.0096%1h0.4406+0.159%$192K$442K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4401+0.045%$7K$193K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4403+0.100%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4396−0.064%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.43990.000%$14.1M$50.1M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4396−0.068%$2.7M$7.0M50xas long as short
Gate TIA_USDT+0.0100%4h0.4400+0.023%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4398−0.023%$10.4M$14.7M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.43990.000%$4.2M$10.4M50xas long as short
Bitget TIAUSDT+0.0100%4h0.43990.000%$4.5M$4.3M75xas long as short
BingX TIA-USDC+0.0100%4h0.4397−0.045%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4399−0.007%$102K$178K10xas long as short
Variational Omni TIA+0.0100%4h0.4394−0.123%$102K$99Kas long as short
HTX TIA-USDT+0.0100%4h0.4409+0.227%$59K$77K50xas long as short
Extended TIA-USD+0.0104%1h0.4393−0.144%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4401+0.037%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4398−0.031%$6K15xas long as short
BloFin TIA-USDTlong+0.0340%4h0.4399long leg$1.6M$755K75x
Coinbase International TIA-PERP-INTX+0.0408%1h0.4415+0.364%$55K$107K50xas long as short