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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.005%
Price spread now: Bybit against Extended+0.096%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$390.391% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.096%, 7d avg +0.033%
Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 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: Bybit is 0.062% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TIA-USD0.43890.0104pay 0.0013% / 1h16m 45s$55K$173K25x
ShortBybit TIAUSDT0.43930.0100get 0.0050% / 4h3h 16m$9.6M$12.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.096% → +0.033%
$6.24
Slippage, 4 orders
−$23.11
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$33.7
Costs to cover
0.391%
Break-even
never at this rate
Slippage from Extended: live order book, 54 min ago; Bybit: live order book, 2 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, 54 min ago2.29 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.28 bp12.8 bp −$1334.8 bp −$348184.1 bp −$18.4Kdoesn'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
Kraken Futures PF_TIAUSD−0.0152%1h0.4387−0.032%$361K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0141%4h0.4394+0.119%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.4391+0.050%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4388−0.018%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4388−0.017%$1K150xas long as short
Lighter TIA+0.0096%1h0.4399+0.230%$140K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4387−0.041%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4398+0.214%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4390+0.031%$34K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4395+0.144%$14.6M$40.9M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDTshort+0.0100%4h0.4393+0.096%$9.6M$12.8M50x
Gate TIA_USDT+0.0100%4h0.4393+0.096%$987K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4393+0.096%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4391+0.050%$4.5M$3.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4390+0.027%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4391+0.041%$101K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4385−0.092%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4384−0.109%$49K$233K50xas long as short
HTX TIA-USDT+0.0100%4h0.4390+0.027%$58K$68K50xas long as short
Extended TIA-USDlong+0.0104%1h0.4389long leg$55K$173K25x
Aevo TIA-PERP+0.0104%1h0.4386−0.052%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4392+0.073%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4385−0.083%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4405+0.369%$51K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4383−0.132%$1.3M$587K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4387−0.040%$36K100xas long as short
dYdX TIA-USD+0.0925%1h0.4393+0.096%$52K$19910xas long as short