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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Aster against Hyperliquid−0.121%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$750.751% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.121%, 7d avg −0.049%
Together, before fees+0.068%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.072% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.43730.0100pay 0.0013% / 1h50m 59s$4.6M$1.6M5x
ShortAster TIAUSDT0.43670.0100get 0.0050% / 4h2h 50m$34K$240K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$0
Price spread: −0.121% → −0.049%
−$7.23
Slippage, 4 orders
−$58.07
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$82.3
Costs to cover
0.751%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Aster: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago0.12 bp15.2 bp −$1529.6 bp −$296doesn't fitdoesn't fit
Sell Aster live order book, 16 min ago6.83 bp33.9 bp −$34doesn't fitdoesn't fitdoesn't fit

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
ApeX Omni TIAUSDT−0.0496%1h0.4349−0.542%$49K$232K50xas long as short
OKX TIA-USDT-SWAP−0.0122%4h0.4365−0.176%$2.8M$6.0M50xas long as short
KuCoin TIAUSDTM−0.0004%4h0.4366−0.153%$4.2M$8.8M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4367−0.133%$359K$226K50xas long as short
dYdX TIA-USD0.0000%1h0.4362−0.238%$52K$19910xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4366−0.153%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4365−0.175%$1K150xas long as short
Bybit TIAUSDT+0.0045%4h0.4364−0.199%$9.5M$13.0M50xas long as short
Lighter TIA+0.0096%1h0.43730.000%$139K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4365−0.176%$5K$345K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIAlong+0.0100%1h0.4373long leg$4.6M$1.6M5x
Aster TIAUSDTshort+0.0100%4h0.4367−0.121%$34K$240K10x
Binance TIAUSDT+0.0100%4h0.4369−0.085%$14.4M$42.1M75xas long as short
Gate TIA_USDT+0.0100%4h0.4367−0.130%$981K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4367−0.130%$12.6M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4364−0.199%$4.4M$3.3M75xas long as short
BingX TIA-USDT+0.0100%4h0.4365−0.176%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4367−0.140%$102K$160K10xas long as short
Variational Omni TIA+0.0100%4h0.4361−0.272%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4365−0.176%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4362−0.240%$49K$189K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4366−0.153%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4357−0.350%$6K15xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4352−0.473%$26K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4377+0.098%$51K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4366−0.153%$1.3M$616K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4365−0.168%$36K100xas long as short