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+0.0366%/8h= +40.1% APRnext payment +$1.83 per $10,000 · paid last 24h +0.108%
Price spread now: BloFin against Gate+0.185%63s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.803% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.347%+$35 on $10k
Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.185%, 7d avg +0.037%
Together, before fees+0.310%+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.148% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TIA_USDT0.4332−0.0026get 0.0013% / 4h1h 38m$995K$1.8M75x
ShortBloFin TIA-USDT0.43400.0340get 0.0170% / 4h1h 38m$1.1M$550K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$76.86
Price spread: +0.185% → +0.037%
$14.79
Slippage, 4 orders
−$53.3
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.35
Costs to cover
0.803%
Break-even
6.0 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago4.61 bp28.6 bp −$2981.0 bp −$810doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago1.15 bp17.2 bp −$1724.2 bp −$24265.0 bp −$6,500doesn'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
Kraken Futures PF_TIAUSD−0.0228%1h0.4335+0.078%$355K$242K50xas long as short
OKX TIA-USDT-SWAP−0.0038%4h0.4328−0.092%$2.7M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0036%4h0.4333+0.023%$4.2M$8.5M50xas long as short
Gate TIA_USDTlong−0.0026%4h0.4332long leg$995K$1.8M75x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4335+0.069%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4338+0.143%$1K150xas long as short
Variational Omni TIA+0.0090%4h0.4337+0.115%$101K$84Kas long as short
Lighter TIA+0.0096%1h0.4338+0.127%$128K$351K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4336+0.092%$5K$361K10xas long as short
Hyperliquid TIA+0.0100%1h0.4337+0.115%$4.2M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4334+0.036%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4331−0.012%$14.6M$41.9M75xas long as short
Bybit TIAUSDT+0.0100%4h0.43320.000%$9.5M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4333+0.023%$14.1M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4331−0.023%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.43320.000%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4334+0.051%$100K$149K10xas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4339+0.162%$49K$236K50xas long as short
HTX TIA-USDT+0.0100%4h0.4337+0.115%$64K$41K50xas long as short
Extended TIA-USD+0.0104%1h0.4331−0.030%$57K$171K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4335+0.081%$7K3xas long as short
Injective TIA/USDC PERP+0.0106%1h0.4342+0.231%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4335+0.059%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4339+0.162%$47K$74K50xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4340+0.185%$1.1M$550K75x
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4338+0.148%$35K100xas long as short
dYdX TIA-USD+0.0735%1h0.4339+0.171%$52K$5910xas long as short