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+0.0545%/8h= +59.7% APRnext payment +$0.68 per $10,000 · paid last 24h +0.220%
Price spread now: dYdX against Deribit+0.054%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 +$16 a day on $10k at the current rate, and dYdX is 0.054% dearer against Deribit than usual: you sell high and buy low: +$5 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-PERPETUAL0.43300get 0.0000% / 1h36m 00s$30K$25K25x
ShortdYdX TIA-USD0.43320.0545get 0.0068% / 1h36m 00s$51K$13910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$114.49
Price spread: +0.054% → 0.000%
$5.43
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
$102.91
Costs to cover
0.170%
Break-even
0.7 days
Slippage unknown: Deribit: no order-book sample; dYdX: 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 dYdX no order-book sample
Deribit and dYdX: 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%1h0.4330long leg$30K$25K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4332+0.047%$1K150xas long as short
ApeX Omni TIAUSDT+0.0041%1h0.4320−0.231%$49K$228K50xas long as short
Lighter TIA+0.0096%1h0.4335+0.109%$154K$423K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.43300.000%$6K$273K10xas long as short
Hyperliquid TIA+0.0100%1h0.4338+0.176%$4.6M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4331+0.030%$33K$243K10xas long as short
Binance TIAUSDT+0.0100%4h0.4334+0.083%$13.6M$44.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4336+0.139%$9.7M$13.8M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4335+0.115%$2.7M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4334+0.092%$972K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4337+0.162%$10.4M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4334+0.092%$4.2M$9.4M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4335+0.115%$4.4M$3.7M75xas long as short
BingX TIA-USDT+0.0100%4h0.4332+0.046%$103.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4334+0.081%$100K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4328−0.050%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4335+0.115%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4335+0.119%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4330−0.012%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4326−0.089%$6K15xas long as short
Kraken Futures PF_TIAUSD+0.0193%1h0.4333+0.074%$343K$205K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0214% / S +0.0050%1h0.4331+0.018%$6K100xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4329−0.023%$25K$11K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4331+0.023%$1.6M$698K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4378+1.109%$47K$84K50xas long as short
dYdX TIA-USDshort+0.0545%1h0.4332+0.054%$51K$13910x