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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0408%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.051%
Price spread now: Coinbase International against Deribit+1.127%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 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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 1.127% dearer against Deribit than usual: you sell high and buy low: +$113 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TIA_USDC-PERPETUAL0.43460get 0.0000% / 1h35m 34s$30K$25K25x
ShortCoinbase International TIA-PERP-INTX0.43950.0408get 0.0051% / 1h35m 34s$47K$87K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$85.68
Price spread: +1.127% → 0.000%
$112.75
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$181.43
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: 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 Deribit no order-book sample
Sell Coinbase International no order-book sample
Deribit and 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
Deribit TIA_USDC-PERPETUALlong0.0000%1h0.4346long leg$30K$25K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4346−0.001%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0046%4h0.4345−0.023%$2.7M$6.5M50xas long as short
ApeX Omni TIAUSDT+0.0092%1h0.4354+0.184%$50K$226K50xas long as short
Lighter TIA+0.0096%1h0.4353+0.170%$150K$425K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.43460.000%$7K$252K10xas long as short
Hyperliquid TIA+0.0100%1h0.4354+0.191%$4.6M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4349+0.069%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4349+0.079%$13.6M$47.5M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4347+0.023%$9.8M$14.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4348+0.046%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4348+0.046%$12.9M$14.2M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4345−0.023%$4.2M$9.7M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4345−0.023%$4.3M$3.8M75xas long as short
BingX TIA-USDT+0.0100%4h0.43460.000%$103.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4347+0.030%$100K$173K10xas long as short
Variational Omni TIA+0.0100%4h0.4345−0.017%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4352+0.138%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4344−0.042%$56K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4345−0.023%$7K3xas long as short
GMX TIA/USD [ETH-USDC]L +0.0110% / S +0.0053%1h0.4346+0.010%$6K100xas long as short
Kraken Futures PF_TIAUSD+0.0146%1h0.4348+0.046%$345K$201K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4356+0.230%$24K$11K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4342−0.095%$6K15xas long as short
dYdX TIA-USD+0.0324%1h0.4349+0.072%$52K$13910xas long as short
BloFin TIA-USDT+0.0340%4h0.4354+0.184%$1.6M$702K75xas long as short
Coinbase International TIA-PERP-INTXshort+0.0408%1h0.4395+1.127%$47K$87K50x