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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0301%/8h= −32.9% APRnext payment $1.50 per $10,000 · paid last 24h −0.101%
Price spread now: OKX against BloFin+0.022%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$590.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.353%−$35 on $10k
Price spread, last 4 days (all we have)−0.416%−$42 · spread now +0.022%, 7d avg −0.064%
Together, before fees−0.769%−$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.086% dearer against BloFin than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.064%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TIA-USDT0.44800.0340pay 0.0170% / 4h3h 46m$1.7M$783K75x
ShortOKX TIA-USDT-SWAP0.44810.0039get 0.0020% / 4h3h 46m$2.8M$7.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$63.14
Price spread: +0.022% → −0.064%
$8.61
Slippage, 4 orders
−$37.15
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$113.68
Costs to cover
0.591%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago3.35 bp16.3 bp −$1625.6 bp −$25683.8 bp −$8,385doesn't fit
Sell OKX live order book, 1 min ago1.12 bp13.7 bp −$1446.5 bp −$465doesn'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 −0.2051% / S +0.0116%1h0.4483+0.071%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4484+0.090%$354K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4485+0.112%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4487+0.155%$1K150xas long as short
OKX TIA-USDT-SWAPshort+0.0039%4h0.4481+0.022%$2.8M$7.0M50x
Injective TIA/USDC PERP+0.0048%1h0.4484+0.089%$24K$12K12xas long as short
dYdX TIA-USD+0.0071%1h0.4488+0.179%$53K$13910xas long as short
Lighter TIA+0.0096%1h0.4495+0.330%$195K$468K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4485+0.112%$7K$225K10xas long as short
Hyperliquid TIA+0.0100%1h0.4494+0.308%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4488+0.168%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4486+0.139%$14.3M$49.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4483+0.067%$10.2M$14.5M50xas long as short
Gate TIA_USDT+0.0100%4h0.4487+0.156%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4486+0.134%$11.9M$14.3M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4486+0.134%$4.3M$10.1M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4485+0.112%$4.4M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4486+0.134%$13.6Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4484+0.087%$103K$175K10xas long as short
Variational Omni TIA+0.0100%4h0.4491+0.240%$137K$79Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4487+0.156%$51K$224K50xas long as short
HTX TIA-USDT+0.0100%4h0.4488+0.179%$60K$76K50xas long as short
Extended TIA-USD+0.0104%1h0.4483+0.063%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4484+0.093%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4482+0.036%$6K15xas long as short
BloFin TIA-USDTlong+0.0340%4h0.4480long leg$1.7M$783K75x
Coinbase International TIA-PERP-INTX+0.0416%1h0.4500+0.446%$53K$107K50xas long as short