TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h −0.031%

Price spread now: ApeX Omni against Hyperliquid−0.391%85s7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$550.552% of the position

Long on Hyperliquid Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 3 days (all we have)+0.564%+$56 · spread now −0.391%, 7d avg −0.062%

Together, before fees+0.598%+ Points / potential airdropHyperliquid: Season 2 · farm board+$60 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.328% cheaper against Hyperliquid than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.062%). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid TIA	0.4375	0.0100	pay 0.0013% / 1h	7m 58s	$4.3M	$1.5M	5x
Short	ApeX Omni TIAUSDT	0.4358	0.0031	get 0.0004% / 1h	7m 58s	$49K	$235K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hyperliquid. 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 HyperliquidbpFee ApeX OmnibpOrdersPrice spread, now −0.391%Rate

Funding earned: −$14.5
Price spread: −0.391% → −0.062%: −$32.85
Slippage, 4 orders: −$36.17
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$102.51
Costs to cover: 0.552%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 4 min ago; ApeX Omni: live order book, 3 min ago.

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 Hyperliquid live order book, 4 min ago	0.11 bp	18.0 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 3 min ago	8.03 bp	16.2 bp −$16	122.4 bp −$1,224	doesn't fit	doesn't fit

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
OKX TIA-USDT-SWAP	−0.0206%	4h	0.4365	−0.231%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0163%	1h	0.4373	−0.047%	$359K	$246K	50x	as long as short
KuCoin TIAUSDTM	−0.0028%	4h	0.4365	−0.231%	$4.2M	$8.7M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4372	−0.071%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4372	−0.065%	$1K	—	150x	as long as short
ApeX Omni TIAUSDTshort	+0.0031%	1h	0.4358	−0.391%	$49K	$235K	50x
Lighter TIA	+0.0096%	1h	0.4376	+0.025%	$139K	$362K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4370	−0.117%	$5K	$363K	10x	as long as short
Hyperliquid TIAlong	+0.0100%	1h	0.4375	long leg	$4.3M	$1.5M	5x
Aster TIAUSDT	+0.0100%	4h	0.4370	−0.116%	$34K	$268K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4371	−0.102%	$14.5M	$42.2M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4365	−0.231%	$9.6M	$13.2M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4369	−0.139%	$981K	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4368	−0.162%	$13.3M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4367	−0.185%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4369	−0.139%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4371	−0.098%	$101K	$153K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4356	−0.440%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4370	−0.117%	$65K	$44K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4366	−0.210%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4371	−0.082%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4368	−0.163%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0208%	1h	0.4389	+0.318%	$51K	$77K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4360	−0.345%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4369	−0.139%	$1.2M	$577K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0460% / S −0.3505%	1h	0.4371	−0.088%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0711%	1h	0.4367	−0.179%	$52K	$59	10x	as long as short