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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0123%/8h= −13.5% APRnext payment $0.15 per $10,000 · paid last 24h −0.026%
Price spread now: ApeX Omni against Extended−0.244%52s7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.438% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 4 days (all we have)+0.804%+$80 · spread now −0.244%, 7d avg +0.093%
Together, before fees+0.855%+ Points / potential airdropExtended: Active · farm board+$85 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.337% cheaper against Extended than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.093%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TIA-USD0.44180.0104pay 0.0013% / 1h36m 34s$56K$213K25x
ShortApeX Omni TIAUSDT0.4407−0.0019pay 0.0002% / 1h36m 34s$50K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$25.87
Price spread: −0.244% → +0.093%
−$33.73
Slippage, 4 orders
−$28.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$103.43
Costs to cover
0.438%
Break-even
never at this rate
Slippage from Extended: live order book, 25 min ago; ApeX Omni: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 25 min ago3.40 bp6.6 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 25 min ago6.80 bp14.7 bp −$15109.2 bp −$1,092doesn't fitdoesn't fit

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
Bybit TIAUSDT−0.0024%4h0.4416−0.040%$9.5M$13.3M50xas long as short
ApeX Omni TIAUSDTshort−0.0019%1h0.4407−0.244%$50K$231K50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4419+0.028%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.44180.000%$1K150xas long as short
KuCoin TIAUSDTM+0.0012%4h0.4416−0.040%$4.2M$9.0M50xas long as short
OKX TIA-USDT-SWAP+0.0047%4h0.4419+0.028%$2.8M$6.1M50xas long as short
Variational Omni TIA+0.0067%4h0.4404−0.320%$103K$84Kas long as short
Kraken Futures PF_TIAUSD+0.0075%1h0.4417−0.023%$361K$206K50xas long as short
Lighter TIA+0.0096%1h0.4426+0.186%$157K$415K10xas long as short
Hyperliquid TIA+0.0100%1h0.4422+0.107%$4.7M$1.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4416−0.032%$32K$246K10xas long as short
Binance TIAUSDT+0.0100%4h0.4420+0.050%$14.5M$42.6M75xas long as short
Gate TIA_USDT+0.0100%4h0.4420+0.050%$995K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4420+0.050%$12.3M$6.5M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4418+0.005%$4.5M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4418+0.005%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4422+0.095%$102K$155K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4416−0.040%$5K$317K10xas long as short
HTX TIA-USDT+0.0100%4h0.4420+0.050%$59K$74K50xas long as short
Extended TIA-USDlong+0.0104%1h0.4418long leg$56K$213K25x
Aevo TIA-PERP+0.0104%1h0.4417−0.018%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4416−0.045%$6K15xas long as short
dYdX TIA-USD+0.0208%1h0.4418+0.008%$52K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4409−0.199%$1.4M$707K75xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4430+0.277%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4418−0.003%$40K100xas long as short
Injective TIA/USDC PERP+0.0496%1h0.4411−0.154%$26K$10K12xas long as short