Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: gTrade (Gains Network) against Deribit0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TIA_USDC-PERPETUAL	0.4432	0	get 0.0000% / 1h	40m 06s	$31K	$25K	25x
Short	gTrade (Gains Network) TIA/USD	0.4432	L +0.0002% / S 0.0000%	get 0.0000% / 1h	40m 06s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee DeribitbpFee gTrade (Gains Network)bpOrdersPrice spread, now 0.000%Rate

Funding earned: $0.07
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$16.93
Costs to cover: 0.170%
Break-even: 1641.4 days

Slippage unknown: Deribit: no order-book sample; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Deribit and gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni TIAUSDT	−0.0136%	1h	0.4429	−0.068%	$51K	$224K	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0007%	1h	0.4428	−0.082%	$351K	$202K	50x	as long as short
Deribit TIA_USDC-PERPETUALlong	0.0000%	1h	0.4432	long leg	$31K	$25K	25x
gTrade (Gains Network) TIA/USDshort	L +0.0002% / S 0.0000%	1h	0.4432	0.000%	$1K	—	150x
GMX TIA/USD [ETH-USDC]	L +0.0013% / S +0.0056%	1h	0.4433	+0.024%	$6K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0014%	1h	0.4437	+0.113%	$24K	$12K	12x	as long as short
OKX TIA-USDT-SWAP	+0.0048%	4h	0.4422	−0.226%	$2.8M	$6.7M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4434	+0.036%	$153K	$423K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4431	−0.023%	$7K	$236K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4434	+0.052%	$4.7M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4428	−0.095%	$33K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4427	−0.113%	$14.0M	$47.9M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4427	−0.113%	$10.0M	$13.9M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4431	−0.023%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4428	−0.090%	$12.6M	$14.0M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4428	−0.090%	$4.2M	$9.9M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4425	−0.158%	$4.4M	$4.0M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4426	−0.135%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4430	−0.054%	$102K	$170K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4433	+0.014%	$103K	$46K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4437	+0.113%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4425	−0.157%	$57K	$210K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4430	−0.034%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0169%	1h	0.4433	+0.025%	$53K	$139	10x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4423	−0.213%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4434	+0.045%	$1.7M	$716K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0432%	1h	0.4444	+0.271%	$48K	$94K	50x	as long as short