Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.059%

Price spread now: Coinbase International against MEXC+0.254%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.544%−$54 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.254% dearer against MEXC than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.544%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TIA_USDT	0.4334	0.0100	pay 0.0050% / 4h	2h 20m	$9.1M	$5.6M	300x
Short	Coinbase International TIA-PERP-INTX	0.4345	0.0200	get 0.0025% / 1h	20m 56s	$48K	$72K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.254%Rate

Funding earned: $21
Price spread: +0.254% → 0.000%: $25.38
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $36.38
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: MEXC: live order book, 2 min ago; Coinbase International: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	1.15 bp	4.5 bp −$5	11.1 bp −$111	58.6 bp −$5,859	122.1 bp −$61.1K
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_TIAUSD	−0.0388%	1h	0.4335	+0.019%	$357K	$239K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	−0.0211%	1h	0.4335	+0.023%	$30K	$27K	25x	as long as short
Bybit TIAUSDT	−0.0131%	4h	0.4333	−0.023%	$9.4M	$13.0M	50x	as long as short
ApeX Omni TIAUSDT	−0.0067%	1h	0.4334	0.000%	$49K	$235K	50x	as long as short
Gate TIA_USDT	−0.0034%	4h	0.4334	0.000%	$999K	$1.8M	75x	as long as short
OKX TIA-USDT-SWAP	−0.0032%	4h	0.4331	−0.069%	$2.7M	$5.8M	50x	as long as short
KuCoin TIAUSDTM	−0.0006%	4h	0.4332	−0.046%	$4.2M	$8.6M	50x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4337	+0.069%	$1K	—	150x	as long as short
Variational Omni TIA	+0.0039%	4h	0.4337	+0.077%	$101K	$85K	—	as long as short
Lighter TIA	+0.0096%	1h	0.4339	+0.118%	$128K	$353K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4336	+0.046%	$5K	$360K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4341	+0.157%	$4.2M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4334	−0.003%	$35K	$272K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4335	+0.023%	$14.1M	$41.1M	75x	as long as short
MEXC TIA_USDTlong	+0.0100%	4h	0.4334	long leg	$9.1M	$5.6M	300x
Bitget TIAUSDT	+0.0100%	4h	0.4333	−0.023%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4334	0.000%	—	$101.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4335	+0.023%	$103K	$150K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4326	−0.185%	$64K	$38K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4330	−0.081%	$58K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4334	−0.006%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0178%	1h	0.4330	−0.084%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0200%	1h	0.4345	+0.254%	$48K	$72K	50x
Injective TIA/USDC PERP	+0.0210%	1h	0.4331	−0.069%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4331	−0.069%	$1.0M	$542K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0457% / S −0.3505%	1h	0.4336	+0.056%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0860%	1h	0.4339	+0.113%	$52K	$59	10x	as long as short