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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0280%/8h= +30.7% APRnext payment +$1.40 per $10,000 · paid last 24h +0.117%
Price spread now: BloFin against KuCoin+0.136%95s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.814% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.289%+$29 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.136%, 7d avg +0.035%
Together, before fees+0.350%+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.101% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.035%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TIAUSDTM0.44180.0060pay 0.0030% / 4h19m 26s$4.2M$9.1M50x
ShortBloFin TIA-USDT0.44240.0340get 0.0170% / 4h19m 26s$1.6M$747K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$58.8
Price spread: +0.136% → +0.035%
$10.13
Slippage, 4 orders
−$57.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$12.52
Costs to cover
0.814%
Break-even
8.5 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 3 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, 4 min ago1.13 bp26.9 bp −$2790.7 bp −$907doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago1.13 bp13.6 bp −$1419.1 bp −$19160.8 bp −$6,077doesn'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−0.0029%1h0.44180.000%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4421+0.068%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4420+0.042%$1K150xas long as short
Variational Omni TIA+0.0017%4h0.4418+0.004%$103K$66Kas long as short
Bybit TIAUSDT+0.0059%4h0.4422+0.091%$9.8M$13.5M50xas long as short
KuCoin TIAUSDTMlong+0.0060%4h0.4418long leg$4.2M$9.1M50x
Lighter TIA+0.0096%1h0.4426+0.188%$156K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4419+0.023%$5K$273K10xas long as short
Hyperliquid TIA+0.0100%1h0.4429+0.258%$4.8M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4419+0.018%$33K$248K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4424+0.127%$14.5M$43.1M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4419+0.023%$2.8M$6.3M50xas long as short
Gate TIA_USDT+0.0100%4h0.4422+0.091%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4420+0.045%$11.9M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4424+0.136%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4421+0.068%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4420+0.043%$102K$167K10xas long as short
HTX TIA-USDT+0.0100%4h0.4421+0.068%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4419+0.013%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4420+0.034%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0164%1h0.4423+0.122%$361K$194K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4420+0.046%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4431+0.294%$26K$10K12xas long as short
dYdX TIA-USD+0.0313%1h0.4423+0.116%$53K$19910xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4424+0.136%$1.6M$747K75x
Coinbase International TIA-PERP-INTX+0.0384%1h0.4452+0.770%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4420+0.035%$40K100xas long as short