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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against MEXC−0.067%49s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.357% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.298%+$30 on $10k
Price spread, last 4 days (all we have)+0.337%+$34 · spread now −0.067%, 7d avg +0.002%
Together, before fees+0.635%+$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.069% cheaper against MEXC than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.002%). If the spread goes back, that is −$7 on $10k: about 23 hours of funding at the current rate (+$7 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TIA_USDT0.44980.0100pay 0.0050% / 4h3h 02m$11.1M$14.7M300x
ShortBloFin TIA-USDT0.44950.0340get 0.0170% / 4h3h 02m$1.7M$769K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$50.4
Price spread: −0.067% → +0.002%
−$6.87
Slippage, 4 orders
−$23.72
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$7.81
Costs to cover
0.357%
Break-even
5.9 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 5 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 MEXC live order book, 1 min ago1.11 bp4.5 bp −$514.2 bp −$14275.0 bp −$7,496135.1 bp −$67.6K
Sell BloFin live order book, 5 min ago3.33 bp16.2 bp −$1626.7 bp −$26772.3 bp −$7,227doesn'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 −0.3834% / S +0.0176%1h0.4503+0.114%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4499+0.020%$354K$198K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4502+0.089%$31K$21K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4502+0.087%$1K150xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4518+0.445%$81K$157K12xas long as short
OKX TIA-USDT-SWAP+0.0082%4h0.4496−0.044%$2.8M$7.0M50xas long as short
ApeX Omni TIAUSDT+0.0096%1h0.4494−0.089%$51K$224K50xas long as short
Lighter TIA+0.0096%1h0.4508+0.227%$195K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.44980.000%$7K$207K10xas long as short
Hyperliquid TIA+0.0100%1h0.4506+0.169%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4500+0.055%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4498−0.010%$14.6M$49.3M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4496−0.044%$10.2M$14.5M50xas long as short
Gate TIA_USDT+0.0100%4h0.4499+0.022%$1.0M$1.9M75xas long as short
MEXC TIA_USDTlong+0.0100%4h0.4498long leg$11.1M$14.7M300x
KuCoin TIAUSDTM+0.0100%4h0.4496−0.044%$4.3M$10.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4494−0.089%$4.5M$4.1M75xas long as short
BingX TIA-USDC+0.0100%4h0.4496−0.044%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4502+0.100%$104K$171K10xas long as short
Variational Omni TIA+0.0100%4h0.4494−0.094%$138K$78Kas long as short
HTX TIA-USDT+0.0100%4h0.4502+0.089%$60K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4494−0.082%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4501+0.078%$7K3xas long as short
dYdX TIA-USD+0.0143%1h0.4501+0.073%$53K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4499+0.013%$6K15xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4495−0.067%$1.7M$769K75x
Coinbase International TIA-PERP-INTX+0.0416%1h0.4521+0.511%$54K$104K50xas long as short