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% APRnext payment $0.26 per $10,000 · paid last 24h +0.046%
Price spread now: Hyperliquid against Coinbase International−0.567%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+0.532%+$53 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hyperliquid is 0.567% cheaper against Coinbase International than usual: you would sell low and buy high (−$57 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 +0.532%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TIA-PERP-INTX0.43600.0304pay 0.0038% / 1h55m 18s$51K$75K50x
ShortHyperliquid TIA0.43350.0100get 0.0013% / 1h55m 18s$4.6M$1.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: −0.567% → 0.000%
−$56.65
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$118.49
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 6 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 Hyperliquid live order book, 6 min ago0.12 bp7.8 bp −$8doesn't fitdoesn't fitdoesn'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 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
ApeX Omni TIAUSDT−0.1335%1h0.4340−0.459%$49K$232K50xas long as short
OKX TIA-USDT-SWAP−0.0124%4h0.4329−0.711%$2.7M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0010%4h0.4331−0.665%$4.2M$8.8M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4333−0.621%$356K$226K50xas long as short
dYdX TIA-USD0.0000%1h0.4332−0.642%$51K$19910xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4332−0.642%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4332−0.641%$1K150xas long as short
Bybit TIAUSDT+0.0051%4h0.4330−0.688%$9.4M$13.0M50xas long as short
Lighter TIA+0.0096%1h0.4337−0.534%$138K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4331−0.665%$5K$346K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIAshort+0.0100%1h0.4335−0.567%$4.6M$1.6M5x
Aster TIAUSDT+0.0100%4h0.4331−0.667%$34K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4334−0.596%$14.3M$42.0M75xas long as short
Gate TIA_USDT+0.0100%4h0.4332−0.642%$973K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4334−0.596%$12.5M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4330−0.688%$4.4M$3.3M75xas long as short
BingX TIA-USDC+0.0100%4h0.4330−0.688%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4328−0.729%$103K$158K10xas long as short
Variational Omni TIA+0.0100%4h0.4323−0.841%$101K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4336−0.550%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4326−0.780%$49K$189K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4332−0.633%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4327−0.753%$6K15xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4348−0.275%$26K$10K12xas long as short
Coinbase International TIA-PERP-INTXlong+0.0304%1h0.4360long leg$51K$75K50x
BloFin TIA-USDT+0.0340%4h0.4333−0.619%$1.3M$612K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4332−0.636%$35K100xas long as short