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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.3296%/8h= +360.9% APRnext payment +$4.12 per $10,000 · paid last 24h +0.342%
Price spread now: GMX against Injective+0.318%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$99 a day on $10k at the current rate, and GMX is 0.318% dearer against Injective than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TIA/USDC PERP0.43110.0210pay 0.0026% / 1h28m 57s$26K$10K12x
ShortGMX TIA/USD [ETH-USDC]0.4325L +0.0457% / S −0.3505%get 0.0438% / 1h28m 57s$35K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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
$692.13
Price spread: +0.318% → 0.000%
$31.76
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
$711.86
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell GMX no order-book sample
Injective and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSD−0.0389%1h0.4322+0.254%$355K$239K50xas long as short
Bybit TIAUSDT−0.0275%4h0.4320+0.209%$9.4M$13.0M50xas long as short
Deribit TIA_USDC-PERPETUAL−0.0212%1h0.4324+0.302%$30K$27K25xas long as short
ApeX Omni TIAUSDT−0.0062%1h0.4316+0.116%$49K$236K50xas long as short
Gate TIA_USDT−0.0038%4h0.4323+0.278%$998K$1.8M75xas long as short
OKX TIA-USDT-SWAP−0.0014%4h0.4318+0.162%$2.7M$5.8M50xas long as short
KuCoin TIAUSDTM−0.0006%4h0.4320+0.209%$4.2M$8.6M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4325+0.325%$1K150xas long as short
Variational Omni TIA+0.0028%4h0.4314+0.077%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4326+0.357%$128K$353K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0099%4h0.4323+0.278%$5K$360K10xas long as short
Hyperliquid TIA+0.0100%1h0.4329+0.415%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4323+0.270%$34K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4323+0.269%$14.1M$41.1M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4322+0.255%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4321+0.232%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4321+0.232%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4324+0.304%$103K$150K10xas long as short
HTX TIA-USDT+0.0100%4h0.4323+0.278%$73K$15K50xas long as short
Extended TIA-USD+0.0104%1h0.4320+0.209%$58K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4323+0.274%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4320+0.205%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4327+0.371%$48K$71K50xas long as short
Injective TIA/USDC PERPlong+0.0210%1h0.4311long leg$26K$10K12x
BloFin TIA-USDT+0.0340%4h0.4323+0.278%$1.0M$516K75xas long as short
GMX TIA/USD [ETH-USDC]shortL +0.0457% / S −0.3505%1h0.4325+0.318%$35K100x
dYdX TIA-USD+0.0778%1h0.4322+0.250%$51K$5910xas long as short