Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.007%

Price spread now: ApeX Omni against Gate0.000%66s7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$780.781% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)+0.501%+$50 · spread now 0.000%, 7d avg +0.023%

Together, before fees+0.606%+$61 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.023% cheaper against Gate than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you. The two prices were read 66 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	Gate TIA_USDT	0.4421	0.0100	pay 0.0050% / 4h	1h 40m	$995K	$1.8M	75x
Short	ApeX Omni TIAUSDT	0.4421	−0.0025	pay 0.0003% / 1h	40m 18s	$50K	$232K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now 0.000%Rate

Funding earned: −$26.31
Price spread: 0.000% → +0.023%: −$2.31
Slippage, 4 orders: −$53.08
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$106.7
Costs to cover: 0.781%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; ApeX Omni: live order book, 21 min ago.

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 Gate live order book, 2 min ago	3.39 bp	25.4 bp −$25	72.8 bp −$728	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 21 min ago	6.80 bp	14.7 bp −$15	109.2 bp −$1,092	doesn't fit	doesn't fit

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 TIAUSDTshort	−0.0025%	1h	0.4421	0.000%	$50K	$232K	50x
Bybit TIAUSDT	−0.0017%	4h	0.4412	−0.204%	$9.5M	$13.3M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4418	−0.068%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4420	−0.023%	$1K	—	150x	as long as short
KuCoin TIAUSDTM	+0.0016%	4h	0.4418	−0.068%	$4.2M	$9.0M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0035%	4h	0.4415	−0.136%	$2.8M	$6.1M	50x	as long as short
Variational Omni TIA	+0.0067%	4h	0.4404	−0.393%	$103K	$84K	—	as long as short
Kraken Futures PF_TIAUSD	+0.0075%	1h	0.4420	−0.018%	$361K	$206K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4425	+0.084%	$157K	$413K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4417	−0.090%	$5K	$317K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4426	+0.106%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4421	−0.008%	$32K	$246K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4418	−0.059%	$14.5M	$42.6M	75x	as long as short
Gate TIA_USDTlong	+0.0100%	4h	0.4421	long leg	$995K	$1.8M	75x
MEXC TIA_USDT	+0.0100%	4h	0.4419	−0.045%	$12.3M	$6.5M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4416	−0.113%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4417	−0.090%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4413	−0.183%	$103K	$153K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4410	−0.249%	$59K	$74K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4415	−0.142%	$56K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4419	−0.057%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4417	−0.089%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0219%	1h	0.4420	−0.023%	$52K	$199	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4406	−0.339%	$1.4M	$707K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0376%	1h	0.4430	+0.204%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0494% / S −0.1196%	1h	0.4418	−0.061%	$40K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0496%	1h	0.4414	−0.158%	$26K	$10K	12x	as long as short