Funding arb · Price arb /

TIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.026%

Price spread now: Aster against gTrade (Gains Network)−0.075%52s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.075% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TIA/USD	0.4421	L +0.0002% / S 0.0000%	pay 0.0000% / 1h	58m 31s	$1K	—	150x
Short	Aster TIAUSDT	0.4417	0.0100	get 0.0050% / 4h	3h 58m	$33K	$244K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.075%Rate

Funding earned: $20.49
Price spread: −0.075% → 0.000%: −$7.52
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$5.03
Costs to cover: 0.180%
Break-even: 8.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 58 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Aster live order book, 58 min ago	9.07 bp	34.8 bp −$35	doesn't fit	doesn't fit	doesn't fit

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	−0.0065%	1h	0.4424	+0.072%	$50K	$230K	50x	as long as short
gTrade (Gains Network) TIA/USDlong	L +0.0002% / S 0.0000%	1h	0.4421	long leg	$1K	—	150x
Lighter TIA	+0.0096%	1h	0.4421	+0.014%	$156K	$416K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4419	−0.041%	$5K	$244K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4427	+0.134%	$103K	$66K	—	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4422	+0.038%	$4.7M	$1.5M	5x	as long as short
Aster TIAUSDTshort	+0.0100%	4h	0.4417	−0.075%	$33K	$244K	10x
Binance TIAUSDT	+0.0100%	4h	0.4416	−0.102%	$14.5M	$43.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4410	−0.244%	$9.8M	$13.6M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4409	−0.267%	$2.8M	$6.3M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4417	−0.086%	$1.0M	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4417	−0.086%	$11.9M	$6.3M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4416	−0.109%	$4.2M	$9.2M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4414	−0.154%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4414	−0.154%	—	$101.7M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4415	−0.129%	$103K	$168K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4426	+0.118%	$59K	$74K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4411	−0.215%	$56K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4419	−0.044%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4417	−0.078%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0190%	1h	0.4415	−0.127%	$52K	$139	10x	as long as short
Injective TIA/USDC PERP	+0.0271%	1h	0.4424	+0.072%	$26K	$10K	12x	as long as short
Kraken Futures PF_TIAUSD	+0.0327%	1h	0.4421	+0.013%	$361K	$193K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4424	+0.072%	$1.6M	$737K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4449	+0.638%	$52K	$77K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	+0.0429%	1h	0.4423	+0.050%	$31K	$25K	25x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0495% / S −0.1196%	1h	0.4421	−0.005%	$40K	—	100x	as long as short