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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Bybit+0.023%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days+0.024%+$2 · spread now +0.023%, 7d avg +0.042%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TIAUSDT0.43360.0100pay 0.0050% / 4h1h 38m$9.5M$13.2M50x
ShortBinance TIAUSDT0.43370.0100get 0.0050% / 4h1h 38m$14.6M$41.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.023% → +0.042%
−$1.93
Slippage, 4 orders
−$27.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$50.61
Costs to cover
0.487%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: 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 Bybit live order book, 4 min ago2.31 bp14.0 bp −$1434.5 bp −$345172.7 bp −$17.3Kdoesn't fit
Sell Binance live order book, 3 min ago1.15 bp9.1 bp −$917.6 bp −$17674.3 bp −$7,426doesn'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−0.0228%1h0.4339+0.070%$355K$243K50xas long as short
OKX TIA-USDT-SWAP−0.0032%4h0.4334−0.046%$2.7M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.43360.000%$4.2M$8.5M50xas long as short
Gate TIA_USDT−0.0014%4h0.4335−0.023%$996K$1.8M75xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4339+0.069%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4341+0.124%$1K150xas long as short
Variational Omni TIA+0.0090%4h0.4337+0.023%$101K$84Kas long as short
Lighter TIA+0.0096%1h0.4341+0.106%$128K$351K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4339+0.069%$5K$361K10xas long as short
Hyperliquid TIA+0.0100%1h0.4342+0.148%$4.2M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4337+0.033%$35K$267K10xas long as short
Binance TIAUSDTshort+0.0100%4h0.4337+0.023%$14.6M$41.9M75x
Bybit TIAUSDTlong+0.0100%4h0.4336long leg$9.5M$13.2M50x
MEXC TIA_USDT+0.0100%4h0.4337+0.023%$14.1M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4335−0.023%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4337+0.023%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4338+0.044%$100K$149K10xas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4339+0.069%$49K$236K50xas long as short
HTX TIA-USDT+0.0100%4h0.4335−0.023%$64K$41K50xas long as short
Extended TIA-USD+0.0104%1h0.4335−0.029%$57K$171K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4340+0.083%$7K3xas long as short
Injective TIA/USDC PERP+0.0106%1h0.4342+0.138%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4338+0.048%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4339+0.069%$47K$74K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4340+0.092%$1.1M$550K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4341+0.127%$35K100xas long as short
dYdX TIA-USD+0.0719%1h0.4339+0.078%$52K$5910xas long as short