Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.023%

Price spread now: Reya against HTX−0.070%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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.070% cheaper against HTX than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TIA-USDT	0.4413	0.0100	pay 0.0050% / 4h	3h 08m	$58K	$68K	50x
Short	Reya TIARUSDPERP	0.4410	0.0179	get 0.0022% / 1h	8m 39s	$6K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.070%Rate

Funding earned: $16.68
Price spread: −0.070% → 0.000%: −$7.05
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$8.36
Costs to cover: 0.180%
Break-even: 10.5 days

Slippage unknown: HTX: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

HTX and Reya: 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	−0.0151%	1h	0.4415	+0.045%	$363K	$225K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0140%	4h	0.4402	−0.249%	$2.8M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0014%	4h	0.4407	−0.136%	$4.3M	$8.8M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4414	+0.023%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4414	+0.023%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4414	+0.018%	$140K	$360K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4413	0.000%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4416	+0.077%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4412	−0.023%	$35K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4406	−0.149%	$14.7M	$41.2M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TIAUSDT	+0.0100%	4h	0.4401	−0.272%	$9.6M	$12.8M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4412	−0.023%	$991K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4407	−0.136%	$13.1M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4407	−0.136%	$4.6M	$3.1M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4402	−0.249%	—	$98.9M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4414	+0.014%	$103K	$154K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4398	−0.334%	$103K	$84K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4400	−0.295%	$50K	$233K	50x	as long as short
HTX TIA-USDTlong	+0.0100%	4h	0.4413	long leg	$58K	$68K	50x
Extended TIA-USD	+0.0104%	1h	0.4408	−0.119%	$55K	$184K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4411	−0.045%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0117%	1h	0.4415	+0.045%	$27K	$10K	12x	as long as short
Reya TIARUSDPERPshort	+0.0179%	1h	0.4410	−0.070%	$6K	—	15x
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4422	+0.204%	$52K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4410	−0.068%	$1.3M	$604K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0462% / S −0.3505%	1h	0.4414	+0.028%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0862%	1h	0.4410	−0.061%	$52K	$199	10x	as long as short