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+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against Gate0.000%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$880.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.125%+$12 on $10k
Price spread, last 7 days−0.028%−$3 · spread now 0.000%, 7d avg −0.046%
Together, before fees+0.096%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.046% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TIA_USDT0.43620.0070pay 0.0035% / 4h34m 31s$983K$1.8M75x
ShortBitget TIAUSDT0.43620.0100get 0.0050% / 4h34m 31s$4.5M$3.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$6.3
Price spread: 0.000% → −0.046%
$4.59
Slippage, 4 orders
−$60.85
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$76.96
Costs to cover
0.879%
Break-even
92.5 days
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago3.43 bp26.6 bp −$2774.2 bp −$742doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.14 bp16.2 bp −$1640.7 bp −$407doesn't fitdoesn't fit

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
OKX TIA-USDT-SWAP−0.0171%4h0.4359−0.069%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0163%1h0.4365+0.064%$358K$245K50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.4361−0.023%$4.2M$8.7M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4365+0.069%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4366+0.099%$1K150xas long as short
ApeX Omni TIAUSDT+0.0027%1h0.4366+0.092%$49K$235K50xas long as short
Gate TIA_USDTlong+0.0070%4h0.4362long leg$983K$1.8M75x
Lighter TIA+0.0096%1h0.4370+0.174%$139K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4366+0.092%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4369+0.151%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4366+0.087%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4363+0.017%$14.5M$42.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4361−0.023%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4364+0.046%$13.5M$6.8M300xas long as short
Bitget TIAUSDTshort+0.0100%4h0.43620.000%$4.5M$3.5M75x
BingX TIA-USDC+0.0100%4h0.4361−0.023%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4364+0.037%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4363+0.023%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4366+0.092%$65K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4361−0.028%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4362+0.008%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4360−0.044%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.619%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4368+0.138%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4366+0.092%$1.1M$568K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4365+0.069%$36K100xas long as short
dYdX TIA-USD+0.0701%1h0.4366+0.100%$52K$5910xas long as short