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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0243%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.214%
Price spread now: dYdX against GMX−0.038%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
Funding pays, the price is against you. dYdX is 0.038% cheaper against GMX than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TIA/USD [ETH-USDC]0.4331L +0.0457% / S −0.3505%pay 0.0057% / 1h27m 13s$35K100x
ShortdYdX TIA-USD0.43290.0701get 0.0088% / 1h27m 13s$51K$5910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$51.13
Price spread: −0.038% → 0.000%
−$3.82
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
$25.3
Costs to cover
0.220%
Break-even
3.5 days
Slippage unknown: GMX: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample
GMX and dYdX: 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 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%1h0.4333+0.052%$354K$242K50xas long as short
OKX TIA-USDT-SWAP−0.0091%4h0.4326−0.117%$2.7M$5.9M50xas long as short
Gate TIA_USDT−0.0044%4h0.4326−0.117%$994K$1.8M75xas long as short
KuCoin TIAUSDTM−0.0042%4h0.4326−0.117%$4.2M$8.6M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4331−0.001%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4331+0.006%$1K150xas long as short
ApeX Omni TIAUSDT+0.0062%1h0.4330−0.024%$49K$236K50xas long as short
Variational Omni TIA+0.0095%4h0.4324−0.164%$101K$84Kas long as short
Lighter TIA+0.0096%1h0.4334+0.059%$128K$351K10xas long as short
Orderly PERP_TIA_USDC+0.0097%4h0.4329−0.047%$5K$362K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4335+0.084%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4329−0.049%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4330−0.029%$14.6M$41.9M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4328−0.070%$9.5M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4331−0.001%$14.0M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4332+0.022%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4327−0.094%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4330−0.033%$100K$149K10xas long as short
HTX TIA-USDT+0.0100%4h0.4334+0.068%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4328−0.071%$57K$170K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4331+0.010%$7K3xas long as short
Injective TIA/USDC PERP+0.0106%1h0.4333+0.045%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4325−0.140%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4339+0.184%$47K$74K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4327−0.094%$1.1M$556K75xas long as short
GMX TIA/USD [ETH-USDC]longL +0.0457% / S −0.3505%1h0.4331long leg$35K100x
dYdX TIA-USDshort+0.0701%1h0.4329−0.038%$51K$5910x