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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0758%/8h= −83.0% APRpaid last 24h −0.244%
Price spread now: KuCoin against dYdX+0.197%47s7-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 7 days−0.562%−$56 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.197% dearer against dYdX than usual: you sell high and buy low (spread +0.197% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.562% in total) that is about 2.5 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.43610.0726pay 0.0091% / 1h21m 54s$52K$5910x
ShortKuCoin TIAUSDTM0.4370−0.0032pay 0.0016% / 4h21m 54s$4.2M$8.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against dYdX. 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
−$159.22
Price spread: +0.197% → 0.000%
$19.74
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$161.48
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 1 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 dYdX no order-book sample
Sell KuCoin live order book, 1 min ago2.29 bp35.6 bp −$36103.1 bp −$1,031doesn't fitdoesn't fit
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
OKX TIA-USDT-SWAP−0.0185%4h0.4367+0.129%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0163%1h0.4370+0.195%$359K$246K50xas long as short
KuCoin TIAUSDTMshort−0.0032%4h0.4370+0.197%$4.2M$8.7M50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4371+0.220%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4371+0.229%$1K150xas long as short
ApeX Omni TIAUSDT+0.0006%1h0.4353−0.192%$49K$235K50xas long as short
Gate TIA_USDT+0.0094%4h0.4370+0.197%$981K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.4375+0.307%$139K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4368+0.152%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4376+0.337%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4367+0.140%$34K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4370+0.208%$14.6M$42.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4369+0.174%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4371+0.220%$13.3M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4370+0.197%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4370+0.197%$99.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4370+0.188%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4362+0.014%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4368+0.152%$66K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4368+0.162%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4371+0.219%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4368+0.146%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.633%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4360−0.032%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4365+0.083%$1.2M$572K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4371+0.215%$36K100xas long as short
dYdX TIA-USDlong+0.0726%1h0.4361long leg$52K$5910x