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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h +0.035%
Price spread now: Bybit against Coinbase International−0.408%7-day average · you buy dearer than you sell
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 7 days+0.549%+$55 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.408% cheaper against Coinbase International than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.549%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TIA-PERP-INTX0.44150.0304pay 0.0038% / 1h5m 59s$52K$76K50x
ShortBybit TIAUSDT0.43970.0100get 0.0050% / 4h2h 05m$9.6M$13.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Coinbase International. 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
−$42.84
Price spread: −0.408% → 0.000%
−$40.77
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$104.61
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 2 min ago. 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 Coinbase International no order-book sample
Sell Bybit live order book, 2 min ago2.27 bp13.9 bp −$1438.2 bp −$382212.4 bp −$21.2Kdoesn't fit
Coinbase International: 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 26 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
OKX TIA-USDT-SWAP−0.0032%4h0.4398−0.385%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4403−0.272%$360K$212K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4403−0.272%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4403−0.272%$1K150xas long as short
KuCoin TIAUSDTM+0.0010%4h0.4397−0.408%$4.2M$8.9M50xas long as short
ApeX Omni TIAUSDT+0.0010%1h0.4391−0.544%$49K$233K50xas long as short
Lighter TIA+0.0096%1h0.4409−0.131%$156K$409K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4401−0.317%$5K$317K10xas long as short
Hyperliquid TIA+0.0100%1h0.4406−0.202%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4403−0.280%$32K$245K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4400−0.340%$14.4M$42.6M75xas long as short
Bybit TIAUSDTshort+0.0100%4h0.4397−0.408%$9.6M$13.1M50x
Gate TIA_USDT+0.0100%4h0.4401−0.317%$990K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4401−0.317%$12.4M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4401−0.317%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4398−0.385%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4400−0.328%$102K$155K10xas long as short
Variational Omni TIA+0.0100%4h0.4397−0.414%$103K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4406−0.204%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4398−0.375%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4401−0.320%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4398−0.378%$6K15xas long as short
dYdX TIA-USD+0.0191%1h0.4404−0.249%$52K$19910xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4411−0.091%$27K$10K12xas long as short
Coinbase International TIA-PERP-INTXlong+0.0304%1h0.4415long leg$52K$76K50x
GMX TIA/USD [ETH-USDC]L +0.0464% / S −0.1040%1h0.4402−0.291%$40K100xas long as short