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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0053%/8h= −5.8% APRnext payment $0.07 per $10,000 · paid last 24h +0.572%
Price spread now: GMX against gTrade (Gains Network)−0.004%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TIA/USD0.4340L +0.0002% / S 0.0000%pay 0.0000% / 1h34m 48s$1K150x
ShortGMX TIA/USD [ETH-USDC]0.4340L +0.0213% / S +0.0050%pay 0.0006% / 1h34m 48s$6K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
−$11.05
Price spread: −0.004% → 0.000%
−$0.37
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$33.42
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4341+0.023%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDlongL +0.0002% / S 0.0000%1h0.4340long leg$1K150x
ApeX Omni TIAUSDT+0.0083%1h0.4330−0.230%$50K$228K50xas long as short
Lighter TIA+0.0096%1h0.4325−0.353%$154K$423K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4337−0.069%$6K$273K10xas long as short
Hyperliquid TIA+0.0100%1h0.4327−0.302%$4.6M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4322−0.404%$33K$243K10xas long as short
Binance TIAUSDT+0.0100%4h0.4318−0.504%$13.5M$44.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4318−0.507%$9.7M$13.8M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4315−0.576%$2.7M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4328−0.276%$971K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4317−0.530%$10.3M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4321−0.438%$4.2M$9.4M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4321−0.438%$4.4M$3.7M75xas long as short
BingX TIA-USDC+0.0100%4h0.4325−0.346%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4335−0.113%$100K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4328−0.280%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.43400.000%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4325−0.355%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4339−0.023%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4337−0.071%$6K15xas long as short
Kraken Futures PF_TIAUSD+0.0193%1h0.4340−0.004%$344K$205K50xas long as short
GMX TIA/USD [ETH-USDC]shortL +0.0213% / S +0.0050%1h0.4340−0.004%$6K100x
Injective TIA/USDC PERP+0.0237%1h0.4337−0.069%$25K$11K12xas long as short
BloFin TIA-USDT+0.0340%4h0.43400.000%$1.6M$699K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4378+0.876%$47K$84K50xas long as short
dYdX TIA-USD+0.0535%1h0.4320−0.454%$51K$13910xas long as short