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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.128%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days+0.144%+$14 · spread now −0.128%, 7d avg −0.039%
Together, before fees+0.159%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 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: Binance is 0.089% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.43690.0100pay 0.0013% / 1h35m 00s$4.3M$1.5M5x
ShortBinance TIAUSDT0.43630.0100get 0.0050% / 4h35m 00s$14.5M$42.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.128% → −0.039%
−$8.94
Slippage, 4 orders
−$28.82
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$56.75
Costs to cover
0.478%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Binance: live order book, 7 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, 7 min ago0.92 bp16.3 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.14 bp10.9 bp −$1121.7 bp −$21783.5 bp −$8,354doesn'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
OKX TIA-USDT-SWAP−0.0171%4h0.4361−0.174%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0163%1h0.4365−0.087%$358K$245K50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.4361−0.174%$4.2M$8.7M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4365−0.082%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4366−0.052%$1K150xas long as short
ApeX Omni TIAUSDT+0.0027%1h0.4366−0.060%$49K$235K50xas long as short
Gate TIA_USDT+0.0068%4h0.4363−0.128%$983K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.43690.000%$139K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4366−0.060%$5K$363K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4369long leg$4.3M$1.5M5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4367−0.044%$35K$267K10xas long as short
Binance TIAUSDTshort+0.0100%4h0.4363−0.128%$14.5M$42.4M75x
Bybit TIAUSDT+0.0100%4h0.4361−0.174%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4363−0.128%$13.5M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4362−0.151%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4362−0.151%$99.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4364−0.114%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4363−0.128%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4366−0.060%$65K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4361−0.178%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4362−0.143%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4363−0.139%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.467%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4368−0.014%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4366−0.060%$1.1M$568K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4365−0.082%$36K100xas long as short
dYdX TIA-USD+0.0687%1h0.4369+0.016%$52K$5910xas long as short