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

TIA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0363%/8h= −39.7% APRpaid last 24h −0.036%
Price spread now: Bitget against GMX−0.015%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: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TIA/USD [ETH-USDC]0.4386L +0.0463% / S −0.3505%pay 0.0058% / 1h29m 27s$36K100x
ShortBitget TIAUSDT0.43850.0100get 0.0050% / 4h2h 29m$4.5M$3.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GMX. 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
−$76.23
Price spread: −0.015% → 0.000%
−$1.53
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.75
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 min ago. 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 GMX no order-book sample
Sell Bitget live order book, 4 min ago1.14 bp19.2 bp −$1951.3 bp −$513doesn't fitdoesn't fit
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 26 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
ApeX Omni TIAUSDT−0.0188%1h0.4386+0.008%$49K$232K50xas long as short
OKX TIA-USDT-SWAP−0.0082%4h0.4379−0.152%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4396+0.243%$359K$214K50xas long as short
KuCoin TIAUSDTM−0.0002%4h0.4387+0.030%$4.2M$8.9M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4398+0.281%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4385−0.018%$1K150xas long as short
Bybit TIAUSDT+0.0060%4h0.4380−0.129%$9.5M$13.0M50xas long as short
Lighter TIA+0.0096%1h0.4399+0.302%$156K$406K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4382−0.084%$5K$323K10xas long as short
Hyperliquid TIA+0.0100%1h0.4395+0.210%$4.7M$1.7M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4392+0.153%$34K$244K10xas long as short
Binance TIAUSDT+0.0100%4h0.4385−0.015%$14.3M$42.5M75xas long as short
Gate TIA_USDT+0.0100%4h0.4388+0.053%$986K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4386+0.008%$12.4M$6.7M300xas long as short
Bitget TIAUSDTshort+0.0100%4h0.4385−0.015%$4.5M$3.5M75x
BingX TIA-USDC+0.0100%4h0.4385−0.015%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4397+0.263%$102K$163K10xas long as short
Variational Omni TIA+0.0100%4h0.4385−0.019%$103K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4397+0.258%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4385−0.025%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4396+0.247%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4382−0.081%$6K15xas long as short
dYdX TIA-USD+0.0216%1h0.4395+0.213%$52K$19910xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4378−0.175%$26K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4397+0.258%$51K$76K50xas long as short
GMX TIA/USD [ETH-USDC]longL +0.0463% / S −0.3505%1h0.4386long leg$36K100x