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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against Bybit+0.091%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.091%, 7d avg +0.016%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.075% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TIAUSDT0.44090.0100pay 0.0050% / 4h3h 13m$9.7M$12.9M50x
ShortBingX TIA-USDC0.44130.0100get 0.0050% / 4h3h 13m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.091% → +0.016%
$7.49
Slippage, 4 orders
−$46.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$60.42
Costs to cover
0.679%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 7 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, 5 min ago2.28 bp14.1 bp −$1431.7 bp −$317184.9 bp −$18.5Kdoesn't fit
Sell BingX live order book, 7 min ago3.42 bp17.1 bp −$1754.4 bp −$544500.6 bp −$50.1K809.0 bp −$404.5K

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−0.0151%1h0.4420+0.258%$363K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0133%4h0.4406−0.068%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0022%4h0.4413+0.091%$4.3M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4418+0.204%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4417+0.182%$1K150xas long as short
Lighter TIA+0.0096%1h0.4421+0.263%$141K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4417+0.181%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4420+0.254%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4414+0.104%$35K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4413+0.102%$14.7M$41.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDTlong+0.0100%4h0.4409long leg$9.7M$12.9M50x
Gate TIA_USDT+0.0100%4h0.4415+0.136%$992K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4416+0.159%$13.1M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.44090.000%$4.6M$3.1M75xas long as short
BingX TIA-USDCshort+0.0100%4h0.4413+0.091%$6.5M
Backpack TIA_USDC_PERP+0.0100%1h0.4417+0.179%$103K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4393−0.367%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4403−0.136%$50K$233K50xas long as short
HTX TIA-USDT+0.0100%4h0.44090.000%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4412+0.069%$55K$174K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4416+0.148%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4401−0.181%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4406−0.071%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4411+0.045%$52K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4404−0.113%$1.3M$594K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0462% / S −0.3505%1h0.4417+0.177%$36K100xas long as short
dYdX TIA-USD+0.0880%1h0.4416+0.161%$52K$19910xas long as short