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+0.0796%/8h= +87.2% APRnext payment +$0.99 per $10,000 · paid last 24h +0.551%
Price spread now: GMX against Coinbase International+0.188%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and GMX is 0.188% dearer against Coinbase International than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TIA-PERP-INTX0.44220.0400pay 0.0050% / 1h30m 38s$51K$77K50x
ShortGMX TIA/USD [ETH-USDC]0.4430L +0.0495% / S −0.1196%get 0.0149% / 1h30m 38s$40K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$167.15
Price spread: +0.188% → 0.000%
$18.77
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$163.92
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: Coinbase International: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample
Coinbase International and GMX: 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 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
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4431+0.197%$1K150xas long as short
ApeX Omni TIAUSDT+0.0064%1h0.4406−0.362%$50K$230K50xas long as short
Lighter TIA+0.0096%1h0.4429+0.165%$156K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4430+0.181%$6K$246K10xas long as short
Hyperliquid TIA+0.0100%1h0.4429+0.167%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4427+0.108%$34K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4427+0.107%$14.4M$43.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4424+0.045%$10.0M$13.5M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4421−0.023%$2.8M$6.3M50xas long as short
Gate TIA_USDT+0.0100%4h0.4426+0.090%$1.0M$1.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TIA_USDT+0.0100%4h0.4424+0.045%$11.5M$6.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4425+0.068%$4.3M$9.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4424+0.045%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4424+0.045%$103.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4433+0.242%$102K$169K10xas long as short
Variational Omni TIA+0.0100%4h0.4430+0.186%$103K$61Kas long as short
HTX TIA-USDT+0.0100%4h0.4426+0.090%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4423+0.027%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4431+0.204%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4423+0.029%$6K15xas long as short
Deribit TIA_USDC-PERPETUAL+0.0201%1h0.4434+0.271%$31K$25K25xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4406−0.362%$26K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0326%1h0.4430+0.192%$362K$193K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4430+0.181%$1.7M$737K75xas long as short
Coinbase International TIA-PERP-INTXlong+0.0400%1h0.4422long leg$51K$77K50x
GMX TIA/USD [ETH-USDC]shortL +0.0495% / S −0.1196%1h0.4430+0.188%$40K100x
dYdX TIA-USD+0.0587%1h0.4425+0.068%$53K$13910xas long as short