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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h +0.053%
Price spread now: Extended against Kraken Futures−0.118%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$700.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.348%−$35 on $10k
Price spread, last 4 days (all we have)−0.157%−$16 · spread now −0.118%, 7d avg −0.128%
Together, before fees−0.505%+ Points / potential airdropExtended: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.128%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TIAUSD0.43610.0192pay 0.0024% / 1h13m 33s$346K$205K50x
ShortExtended TIA-USD0.43560.0104get 0.0013% / 1h13m 33s$55K$212K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$18.49
Price spread: −0.118% → −0.128%
$1.04
Slippage, 4 orders
−$54.68
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$87.13
Costs to cover
0.697%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 34 min ago; Extended: live order book, 33 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 Kraken Futures live order book, 34 min ago19.47 bp26.6 bp −$2767.3 bp −$673doesn't fitdoesn't fit
Sell Extended live order book, 33 min ago4.59 bp7.9 bp −$8doesn'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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4363+0.041%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4359−0.053%$1K150xas long as short
ApeX Omni TIAUSDT+0.0046%1h0.4346−0.349%$50K$227K50xas long as short
Lighter TIA+0.0096%1h0.4363+0.045%$151K$429K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4359−0.051%$7K$267K10xas long as short
Hyperliquid TIA+0.0100%1h0.4364+0.059%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4358−0.081%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4360−0.024%$13.6M$44.3M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4357−0.097%$9.7M$13.8M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4356−0.120%$2.7M$6.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4361−0.005%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4359−0.051%$9.9M$6.7M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4359−0.051%$4.2M$9.5M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4361−0.005%$4.4M$3.7M75xas long as short
BingX TIA-USDC+0.0100%4h0.4359−0.051%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4365+0.089%$101K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4346−0.354%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4359−0.051%$58K$73K50xas long as short
Extended TIA-USDshort+0.0104%1h0.4356−0.118%$55K$212K25x
Aevo TIA-PERP+0.0104%1h0.4361−0.005%$7K3xas long as short
GMX TIA/USD [ETH-USDC]L +0.0176% / S +0.0051%1h0.4359−0.059%$6K100xas long as short
Reya TIARUSDPERP+0.0181%1h0.4357−0.105%$6K15xas long as short
Kraken Futures PF_TIAUSDlong+0.0192%1h0.4361long leg$346K$205K50x
Injective TIA/USDC PERP+0.0237%1h0.4350−0.257%$25K$11K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4343−0.418%$1.6M$700K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4363+0.041%$47K$84K50xas long as short
dYdX TIA-USD+0.0438%1h0.4361+0.001%$52K$13910xas long as short