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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0218%/8h= +23.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.036%
Price spread now: BingX against Gate+0.070%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$850.846% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 7 days−0.140%−$14 · spread now +0.070%, 7d avg −0.014%
Together, before fees+0.017%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.084% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TIA_USDT0.4305−0.0118get 0.0059% / 4h2h 52m$995K$1.8M75x
ShortBingX TIA-USDC0.43080.0100get 0.0050% / 4h2h 52m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$45.78
Price spread: +0.070% → −0.014%
$8.36
Slippage, 4 orders
−$59.55
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$30.42
Costs to cover
0.846%
Break-even
11.7 days
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 13 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 Gate live order book, 5 min ago2.33 bp23.1 bp −$2384.8 bp −$848doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago2.32 bp16.3 bp −$1655.1 bp −$551449.7 bp −$45.0K693.8 bp −$346.9K

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
Bybit TIAUSDT−0.0570%4h0.43050.000%$9.4M$13.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0390%1h0.4310+0.116%$354K$239K50xas long as short
ApeX Omni TIAUSDT−0.0272%1h0.4286−0.441%$48K$235K50xas long as short
Backpack TIA_USDC_PERP−0.0220%1h0.4309+0.088%$102K$158K10xas long as short
Deribit TIA_USDC-PERPETUAL−0.0214%1h0.4311+0.139%$30K$27K25xas long as short
Gate TIA_USDTlong−0.0118%4h0.4305long leg$995K$1.8M75x
OKX TIA-USDT-SWAP−0.0010%4h0.43050.000%$2.7M$5.7M50xas long as short
KuCoin TIAUSDTM+0.0002%4h0.4306+0.023%$4.2M$8.6M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4312+0.155%$1K150xas long as short
Lighter TIA+0.0096%1h0.4313+0.181%$127K$353K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0099%4h0.4309+0.093%$5K$360K10xas long as short
Variational Omni TIA+0.0100%4h0.4287−0.407%$96K$81Kas long as short
Hyperliquid TIA+0.0100%1h0.4314+0.207%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4308+0.062%$34K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4309+0.093%$14.1M$41.1M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4308+0.070%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4308+0.070%$4.4M$3.5M75xas long as short
BingX TIA-USDCshort+0.0100%4h0.4308+0.070%$6.5M
HTX TIA-USDT+0.0100%4h0.4307+0.046%$73K$15K50xas long as short
Extended TIA-USD+0.0104%1h0.4304−0.032%$71K$156K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4317+0.277%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4306+0.021%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4315+0.232%$48K$71K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4293−0.279%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4310+0.116%$995K$510K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0456% / S −0.3505%1h0.4312+0.170%$35K100xas long as short
dYdX TIA-USD+0.0767%1h0.4310+0.116%$51K$5910xas long as short