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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.10 per $10,000 · paid last 24h +0.030%
Price spread now: ApeX Omni against Deribit−0.276%74s7-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 5 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 against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.276% cheaper against Deribit than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TIA_USDC-PERPETUAL0.43410get 0.0000% / 1h21m 57s$30K$27K25x
ShortApeX Omni TIAUSDT0.4329−0.0079pay 0.0010% / 1h21m 57s$49K$235K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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
−$16.53
Price spread: −0.276% → 0.000%
−$27.64
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$61.17
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 64 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 Deribit no order-book sample
Sell ApeX Omni live order book, 64 min ago5.78 bp13.7 bp −$14118.5 bp −$1,185doesn't fitdoesn't fit
Deribit: 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
Kraken Futures PF_TIAUSD−0.0387%1h0.4341+0.001%$357K$239K50xas long as short
Bybit TIAUSDT−0.0154%4h0.4333−0.184%$9.4M$13.0M50xas long as short
ApeX Omni TIAUSDTshort−0.0079%1h0.4329−0.276%$49K$235K50x
Gate TIA_USDT−0.0030%4h0.4335−0.138%$1.0M$1.8M75xas long as short
OKX TIA-USDT-SWAP−0.0029%4h0.4332−0.207%$2.7M$5.8M50xas long as short
KuCoin TIAUSDTM−0.0008%4h0.4336−0.115%$4.2M$8.6M50xas long as short
Deribit TIA_USDC-PERPETUALlong0.0000%1h0.4341long leg$30K$27K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.43410.000%$1K150xas long as short
Variational Omni TIA+0.0039%4h0.4337−0.084%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4342+0.030%$128K$353K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0099%4h0.4339−0.046%$5K$360K10xas long as short
Hyperliquid TIA+0.0100%1h0.4343+0.035%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4338−0.080%$35K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4337−0.091%$14.1M$41.1M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4337−0.092%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4335−0.138%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4336−0.115%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4339−0.048%$103K$150K10xas long as short
HTX TIA-USDT+0.0100%4h0.4332−0.207%$64K$38K50xas long as short
Extended TIA-USD+0.0104%1h0.4335−0.139%$58K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4338−0.067%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4336−0.106%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4345+0.092%$48K$72K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4344+0.069%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4340−0.023%$1.0M$543K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4341+0.001%$35K100xas long as short
dYdX TIA-USD+0.0853%1h0.4339−0.048%$52K$5910xas long as short