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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%
Price spread now: Bybit against KuCoin−0.045%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$740.737% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 7 days+0.035%+$3 · spread now −0.045%, 7d avg −0.029%
Together, before fees+0.058%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TIAUSDTM0.44870.0100pay 0.0050% / 4h3h 52m$4.3M$10.1M50x
ShortBybit TIAUSDT0.44850.0100get 0.0050% / 4h3h 52m$10.2M$14.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.045% → −0.029%
−$1.6
Slippage, 4 orders
−$50.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$75.26
Costs to cover
0.737%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 6 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, 6 min ago2.25 bp26.2 bp −$2690.0 bp −$900doesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago1.12 bp14.6 bp −$1533.3 bp −$333185.3 bp −$18.5Kdoesn'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
GMX TIA/USD [ETH-USDC]L −0.1814% / S +0.0108%1h0.4480−0.155%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4483−0.079%$353K$222K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4486−0.022%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4469−0.406%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0039%4h0.4481−0.134%$2.8M$6.9M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4478−0.201%$24K$12K12xas long as short
dYdX TIA-USD+0.0093%1h0.4480−0.152%$53K$13910xas long as short
Lighter TIA+0.0096%1h0.4491+0.087%$195K$468K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4486−0.022%$7K$226K10xas long as short
Hyperliquid TIA+0.0100%1h0.4496+0.196%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4485−0.044%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4487−0.010%$14.3M$48.8M75xas long as short
Bybit TIAUSDTshort+0.0100%4h0.4485−0.045%$10.2M$14.3M50x
Gate TIA_USDT+0.0100%4h0.4489+0.045%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4490+0.067%$12.1M$14.2M300xas long as short
KuCoin TIAUSDTMlong+0.0100%4h0.4487long leg$4.3M$10.1M50x
Bitget TIAUSDT+0.0100%4h0.4482−0.111%$4.4M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4486−0.022%$13.6Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4483−0.087%$104K$175K10xas long as short
Variational Omni TIA+0.0100%4h0.4451−0.808%$136K$78Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4444−0.958%$51K$224K50xas long as short
HTX TIA-USDT+0.0100%4h0.4479−0.178%$60K$76K50xas long as short
Extended TIA-USD+0.0104%1h0.4480−0.159%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4486−0.027%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4486−0.025%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4486−0.022%$1.7M$784K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4481−0.134%$52K$104K50xas long as short