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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0371%/8h= +40.6% APRnext payment +$0.46 per $10,000 · paid last 24h +0.028%
Price spread now: Coinbase International against Kraken Futures+0.406%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 7 days−0.868%−$87 on $10k
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 +$11 a day on $10k at the current rate, and Coinbase International is 0.406% dearer against Kraken Futures than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.868%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TIAUSD0.4371−0.0163get 0.0020% / 1h42m 56s$359K$245K50x
ShortCoinbase International TIA-PERP-INTX0.43890.0208get 0.0026% / 1h42m 56s$51K$77K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Kraken Futures. 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
$77.85
Price spread: +0.406% → 0.000%
$40.61
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$98.46
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Kraken Futures: live order book, 35 min ago; Coinbase International: 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 Kraken Futures live order book, 35 min ago14.99 bp24.6 bp −$2554.1 bp −$541doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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_TIAUSDlong−0.0163%1h0.4371long leg$359K$245K50x
OKX TIA-USDT-SWAP−0.0146%4h0.4365−0.143%$2.8M$6.0M50xas long as short
KuCoin TIAUSDTM−0.0020%4h0.4369−0.051%$4.2M$8.6M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4369−0.051%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4372+0.023%$1K150xas long as short
ApeX Omni TIAUSDT+0.0036%1h0.4370−0.029%$49K$234K50xas long as short
Gate TIA_USDT+0.0058%4h0.4371−0.006%$989K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.4375+0.079%$140K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4371−0.006%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4375+0.090%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4372+0.019%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4369−0.052%$14.5M$42.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4368−0.074%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4368−0.074%$13.6M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4367−0.097%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4368−0.074%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4369−0.042%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4373+0.039%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4371−0.006%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4366−0.127%$56K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4369−0.056%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4367−0.108%$6K15xas long as short
Coinbase International TIA-PERP-INTXshort+0.0208%1h0.4389+0.406%$51K$77K50x
Injective TIA/USDC PERP+0.0210%1h0.4377+0.132%$27K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4370−0.029%$1.1M$568K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4371−0.009%$36K100xas long as short
dYdX TIA-USD+0.0593%1h0.4372+0.027%$52K$5910xas long as short