Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.3405%/8h= +372.9% APRpaid last 24h +0.344%

Price spread now: GMX against HTX−0.041%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.041% cheaper against HTX than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about under an hour of funding at the current rate (+$102 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TIA-USDT	0.4337	0.0100	pay 0.0050% / 4h	1h 10m	$65K	$42K	50x
Short	GMX TIA/USD [ETH-USDC]	0.4335	L +0.0458% / S −0.3505%	get 0.0438% / 1h	10m 19s	$35K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee GMXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $715.15
Price spread: −0.041% → 0.000%: −$4.06
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: $687.09
Costs to cover: 0.240%
Break-even: 0.3 days

Slippage unknown: HTX: no order-book sample; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

HTX and 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 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_TIAUSD	−0.0228%	1h	0.4336	−0.023%	$354K	$241K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0142%	4h	0.4331	−0.138%	$2.7M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0044%	4h	0.4334	−0.069%	$4.2M	$8.6M	50x	as long as short
Gate TIA_USDT	−0.0040%	4h	0.4333	−0.092%	$995K	$1.8M	75x	as long as short
ApeX Omni TIAUSDT	−0.0031%	1h	0.4334	−0.069%	$49K	$236K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4334	−0.069%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4335	−0.042%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4339	+0.042%	$128K	$351K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4333	−0.092%	$5K	$362K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4333	−0.083%	$101K	$84K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4339	+0.048%	$4.2M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4337	+0.010%	$35K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4334	−0.069%	$14.4M	$41.8M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4331	−0.138%	$9.5M	$13.2M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4334	−0.069%	$14.1M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4331	−0.138%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4330	−0.161%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4338	+0.032%	$100K	$152K	10x	as long as short
HTX TIA-USDTlong	+0.0100%	4h	0.4337	long leg	$65K	$42K	50x
Extended TIA-USD	+0.0104%	1h	0.4330	−0.153%	$57K	$167K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4333	−0.092%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0106%	1h	0.4333	−0.092%	$26K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4329	−0.179%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0216%	1h	0.4342	+0.115%	$48K	$73K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4336	−0.023%	$1.1M	$557K	75x	as long as short
GMX TIA/USD [ETH-USDC]short	L +0.0458% / S −0.3505%	1h	0.4335	−0.041%	$35K	—	100x
dYdX TIA-USD	+0.0708%	1h	0.4340	+0.069%	$52K	$59	10x	as long as short