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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Extended+0.098%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.628% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)−0.397%−$40 · spread now +0.098%, 7d avg +0.056%
Together, before fees−0.318%+ Points / potential airdropExtended: Active · farm board−$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.042% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TIA-USD0.44960.0104pay 0.0013% / 1h22m 46s$57K$211K25x
ShortBingX TIA-USDC0.45000.0100get 0.0050% / 4h3h 22m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$0.84
Price spread: +0.098% → +0.056%
$4.19
Slippage, 4 orders
−$47.77
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$59.42
Costs to cover
0.628%
Break-even
never at this rate
Slippage from Extended: live order book, 8 min ago; BingX: live order book, 12 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, 8 min ago3.36 bp6.6 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago3.36 bp27.9 bp −$2868.6 bp −$686522.5 bp −$52.2K778.0 bp −$389.0K

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
GMX TIA/USD [ETH-USDC]L −0.3033% / S +0.0149%1h0.4502+0.142%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4503+0.161%$355K$212K50xas long as short
ApeX Omni TIAUSDT−0.0046%1h0.4468−0.614%$51K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4504+0.187%$31K$23K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4503+0.162%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0021%4h0.4499+0.076%$2.8M$7.1M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4496+0.009%$83K$135K12xas long as short
Lighter TIA+0.0096%1h0.4510+0.321%$195K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4503+0.165%$7K$216K10xas long as short
Hyperliquid TIA+0.0100%1h0.4510+0.325%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4500+0.098%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4502+0.143%$14.5M$49.6M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4500+0.098%$10.2M$14.7M50xas long as short
Gate TIA_USDT+0.0100%4h0.4501+0.121%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4500+0.098%$11.4M$14.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4498+0.054%$4.3M$10.1M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4500+0.098%$4.5M$4.1M75xas long as short
BingX TIA-USDCshort+0.0100%4h0.4500+0.098%$6.5M
Backpack TIA_USDC_PERP+0.0100%1h0.4503+0.161%$104K$179K10xas long as short
Variational Omni TIA+0.0100%4h0.4464−0.711%$136K$77Kas long as short
HTX TIA-USDT+0.0100%4h0.4503+0.165%$60K$76K50xas long as short
Extended TIA-USDlong+0.0104%1h0.4496long leg$57K$211K25x
Aevo TIA-PERP+0.0104%1h0.4503+0.165%$7K3xas long as short
dYdX TIA-USD+0.0115%1h0.4480−0.343%$53K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4498+0.050%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4504+0.187%$1.7M$775K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4495−0.013%$53K$107K50xas long as short