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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.045%
Price spread now: KuCoin against Hyperliquid−0.044%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$850.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.065%+$6 · spread now −0.044%, 7d avg −0.059%
Together, before fees+0.064%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.43550.0100pay 0.0013% / 1h8m 33s$4.7M$1.4M5x
ShortKuCoin TIAUSDTM0.43530.0100get 0.0050% / 4h3h 08m$4.2M$9.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.044% → −0.059%
$1.51
Slippage, 4 orders
−$63.94
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$83.43
Costs to cover
0.849%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; KuCoin: live order book, 5 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, 3 min ago2.86 bp17.6 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.29 bp29.0 bp −$2984.4 bp −$844doesn'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−0.0048%1h0.4376+0.485%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4356+0.025%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4359+0.096%$1K150xas long as short
Lighter TIA+0.0096%1h0.4357+0.044%$155K$422K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4357+0.048%$6K$255K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4355long leg$4.7M$1.4M5x
Aster TIAUSDT+0.0100%4h0.4351−0.101%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4351−0.089%$13.8M$43.8M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4349−0.135%$9.8M$13.6M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4347−0.181%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4354−0.021%$989K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4353−0.044%$11.1M$6.5M300xas long as short
KuCoin TIAUSDTMshort+0.0100%4h0.4353−0.044%$4.2M$9.3M50x
Bitget TIAUSDT+0.0100%4h0.4349−0.135%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4351−0.090%$103.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4350−0.110%$102K$168K10xas long as short
Variational Omni TIA+0.0100%4h0.4361+0.133%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4362+0.163%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4349−0.138%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4354−0.023%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4349−0.146%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4382+0.622%$25K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0332%1h0.4355+0.013%$346K$205K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4353−0.044%$1.7M$714K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0360% / S −0.0613%1h0.4358+0.077%$23K100xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4376+0.485%$47K$83K50xas long as short
dYdX TIA-USD+0.0419%1h0.4353−0.039%$52K$13910xas long as short