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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h −0.039%
Price spread now: KuCoin against Bybit+0.045%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$780.782% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days−0.012%−$1 · spread now +0.045%, 7d avg +0.029%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TIAUSDT0.44220.0045pay 0.0023% / 4h21m 12s$9.8M$13.5M50x
ShortKuCoin TIAUSDTM0.44240.0052get 0.0026% / 4h21m 12s$4.3M$9.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$1.44
Price spread: +0.045% → +0.029%
$1.59
Slippage, 4 orders
−$55.22
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$75.19
Costs to cover
0.782%
Break-even
373.4 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago1.13 bp13.0 bp −$1331.1 bp −$311193.3 bp −$19.3Kdoesn't fit
Sell KuCoin live order book, 2 min ago1.13 bp25.3 bp −$2583.4 bp −$834doesn'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
Variational Omni TIA−0.0018%4h0.4430+0.174%$104K$65Kas long as short
ApeX Omni TIAUSDT−0.0012%1h0.4442+0.452%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4423+0.023%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4423+0.019%$1K150xas long as short
Bybit TIAUSDTlong+0.0045%4h0.4422long leg$9.8M$13.5M50x
KuCoin TIAUSDTMshort+0.0052%4h0.4424+0.045%$4.3M$9.1M50x
Lighter TIA+0.0096%1h0.4429+0.156%$156K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4423+0.023%$5K$273K10xas long as short
Hyperliquid TIA+0.0100%1h0.4431+0.197%$4.8M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4422+0.010%$33K$248K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4422+0.007%$14.5M$43.1M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4420−0.045%$2.8M$6.3M50xas long as short
Gate TIA_USDT+0.0100%4h0.4424+0.045%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4425+0.068%$11.9M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.44220.000%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4423+0.023%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4423+0.029%$102K$167K10xas long as short
HTX TIA-USDT+0.0100%4h0.4427+0.113%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4419−0.072%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.44220.000%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0164%1h0.4425+0.074%$362K$194K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4422−0.010%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4431+0.204%$26K$10K12xas long as short
dYdX TIA-USD+0.0321%1h0.4428+0.140%$53K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4424+0.045%$1.6M$747K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4452+0.678%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0496% / S −0.1196%1h0.4422+0.010%$40K100xas long as short