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+0.0110%/8h= +12.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.045%
Price spread now: MEXC against KuCoin+0.069%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$740.738% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days−0.083%−$8 · spread now +0.069%, 7d avg +0.014%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.055% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TIAUSDTM0.4342−0.0010get 0.0005% / 4h2h 41m$4.2M$8.9M50x
ShortMEXC TIA_USDT0.43450.0100get 0.0050% / 4h2h 41m$12.4M$6.7M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$23.1
Price spread: +0.069% → +0.014%
$5.48
Slippage, 4 orders
−$61.76
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$45.18
Costs to cover
0.738%
Break-even
20.7 days
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago2.30 bp47.6 bp −$48132.2 bp −$1,322doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.15 bp4.7 bp −$59.0 bp −$9053.8 bp −$5,381116.6 bp −$58.3K

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−0.0229%1h0.4371+0.668%$49K$232K50xas long as short
OKX TIA-USDT-SWAP−0.0115%4h0.4341−0.023%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTMlong−0.0010%4h0.4342long leg$4.2M$8.9M50x
Kraken Futures PF_TIAUSD−0.0003%1h0.4349+0.171%$355K$227K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4345+0.069%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4346+0.093%$1K150xas long as short
Bybit TIAUSDT+0.0032%4h0.4340−0.046%$9.4M$13.1M50xas long as short
Lighter TIA+0.0096%1h0.4350+0.173%$127K$371K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4346+0.092%$5K$334K10xas long as short
Hyperliquid TIA+0.0100%1h0.4350+0.189%$4.6M$1.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4348+0.127%$34K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4345+0.072%$14.3M$42.2M75xas long as short
Gate TIA_USDT+0.0100%4h0.4345+0.069%$976K$1.8M75xas long as short
MEXC TIA_USDTshort+0.0100%4h0.4345+0.069%$12.4M$6.7M300x
Bitget TIAUSDT+0.0100%4h0.4346+0.092%$4.5M$3.4M75xas long as short
BingX TIA-USDC+0.0100%4h0.43420.000%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4344+0.041%$100K$162K10xas long as short
Variational Omni TIA+0.0100%4h0.4342−0.004%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4352+0.230%$58K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4342+0.010%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4343+0.030%$7K3xas long as short
dYdX TIA-USD+0.0150%1h0.4348+0.145%$52K$19910xas long as short
Reya TIARUSDPERP+0.0180%1h0.4345+0.067%$6K15xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4352+0.230%$26K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4377+0.806%$51K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4373+0.714%$1.3M$617K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4346+0.100%$35K100xas long as short