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+0.0111%/8h= +12.2% APRpaid last 24h +0.009%
Price spread now: ApeX Omni against KuCoin+0.023%97s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$880.875% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 3 days (all we have)+0.286%+$29 · spread now +0.023%, 7d avg +0.028%
Together, before fees+0.312%+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TIAUSDTM0.4304−0.0046get 0.0023% / 4h1h 59m$4.1M$8.5M50x
ShortApeX Omni TIAUSDT0.43050.0065get 0.0008% / 1h59m 44s$48K$237K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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
$23.35
Price spread: +0.023% → +0.028%
−$0.46
Slippage, 4 orders
−$65.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$64.63
Costs to cover
0.875%
Break-even
26.4 days
Slippage from KuCoin: live order book, 8 min ago; ApeX Omni: live order book, 22 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 KuCoin live order book, 8 min ago3.48 bp29.9 bp −$3093.8 bp −$938doesn't fitdoesn't fit
Sell ApeX Omni live order book, 22 min ago9.23 bp17.1 bp −$17125.4 bp −$1,254doesn'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
Kraken Futures PF_TIAUSD−0.0391%1h0.4307+0.077%$354K$239K50xas long as short
Deribit TIA_USDC-PERPETUAL−0.0214%1h0.4307+0.070%$30K$27K25xas long as short
Gate TIA_USDT−0.0048%4h0.43040.000%$992K$1.8M75xas long as short
KuCoin TIAUSDTMlong−0.0046%4h0.4304long leg$4.1M$8.5M50x
OKX TIA-USDT-SWAP−0.0011%4h0.4301−0.070%$2.7M$5.8M50xas long as short
Bybit TIAUSDT−0.0006%4h0.4302−0.046%$9.3M$13.0M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4308+0.082%$1K150xas long as short
ApeX Omni TIAUSDTshort+0.0065%1h0.4305+0.023%$48K$237K50x
Variational Omni TIA+0.0088%4h0.4302−0.038%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4310+0.132%$127K$350K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0098%4h0.43040.000%$5K$360K10xas long as short
Hyperliquid TIA+0.0100%1h0.4310+0.132%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4308+0.097%$34K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4305+0.034%$14.0M$40.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4306+0.046%$9.1M$5.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4303−0.023%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.43040.000%$98.8Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4305+0.035%$100K$151K10xas long as short
HTX TIA-USDT+0.0100%4h0.4303−0.023%$64K$41K50xas long as short
Extended TIA-USD+0.0104%1h0.4302−0.035%$58K$165K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4306+0.043%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4303−0.026%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4345+0.953%$48K$72K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4318+0.325%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4307+0.070%$1.0M$539K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0456% / S −0.3505%1h0.4308+0.092%$35K100xas long as short
dYdX TIA-USD+0.0776%1h0.4306+0.041%$51K$5910xas long as short