Funding arb · Price arb /

TIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.029%

Price spread now: Binance against gTrade (Gains Network)−0.047%7-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 Binance

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—needs both histories

Funding pays, the price is against you. Binance is 0.047% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TIA/USD	0.4406	L +0.0002% / S 0.0000%	pay 0.0000% / 1h	8m 17s	$1K	—	150x
Short	Binance TIAUSDT	0.4404	0.0100	get 0.0050% / 4h	3h 08m	$14.7M	$41.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.047%Rate

Funding earned: $20.49
Price spread: −0.047% → 0.000%: −$4.7
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$4.21
Costs to cover: 0.200%
Break-even: 8.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 4 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 Binance live order book, 4 min ago	1.13 bp	9.7 bp −$10	21.2 bp −$212	103.1 bp −$10.3K	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
Kraken Futures PF_TIAUSD	−0.0152%	1h	0.4410	+0.094%	$362K	$225K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0144%	4h	0.4403	−0.070%	$2.8M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0016%	4h	0.4403	−0.070%	$4.2M	$8.8M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4406	−0.002%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USDlong	L +0.0002% / S 0.0000%	1h	0.4406	long leg	$1K	—	150x
Lighter TIA	+0.0096%	1h	0.4414	+0.175%	$140K	$360K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4404	−0.047%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4410	+0.101%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4408	+0.035%	$35K	$240K	10x	as long as short
Binance TIAUSDTshort	+0.0100%	4h	0.4404	−0.047%	$14.7M	$41.2M	75x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TIAUSDT	+0.0100%	4h	0.4401	−0.115%	$9.6M	$12.8M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4404	−0.047%	$990K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4405	−0.024%	$13.1M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4407	+0.021%	$4.6M	$3.1M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4403	−0.070%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4414	+0.171%	$103K	$154K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4398	−0.177%	$103K	$84K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4400	−0.138%	$50K	$233K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4413	+0.157%	$58K	$68K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4403	−0.081%	$55K	$184K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4405	−0.024%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0117%	1h	0.4415	+0.203%	$27K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4403	−0.066%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4422	+0.362%	$52K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4410	+0.089%	$1.3M	$604K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0462% / S −0.3505%	1h	0.4406	−0.010%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0862%	1h	0.4410	+0.096%	$52K	$199	10x	as long as short