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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0229%/8h= +25.1% APRpaid last 24h −0.060%
Price spread now: Kraken Futures against MEXC−0.042%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$740.736% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.323%+$32 on $10k
Price spread, last 4 days (all we have)+0.265%+$27 · spread now −0.042%, 7d avg +0.037%
Together, before fees+0.589%+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.079% cheaper against MEXC than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.037%). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TIA_USDT0.43940.0100pay 0.0050% / 4h3h 25m$11.3M$6.5M300x
ShortKraken Futures PF_TIAUSD0.43920.0329get 0.0041% / 1h25m 00s$359K$193K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$48.14
Price spread: −0.042% → +0.037%
−$7.91
Slippage, 4 orders
−$63.57
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$33.34
Costs to cover
0.736%
Break-even
11.8 days
Slippage from MEXC: live order book, 3 min ago; Kraken Futures: live order book, 28 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, 3 min ago1.13 bp3.4 bp −$312.5 bp −$12568.9 bp −$6,892136.5 bp −$68.3K
Sell Kraken Futures live order book, 28 min ago24.71 bp33.9 bp −$3475.4 bp −$754doesn't fitdoesn'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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4390−0.091%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4397+0.064%$1K150xas long as short
ApeX Omni TIAUSDT+0.0059%1h0.4405+0.250%$50K$229K50xas long as short
Lighter TIA+0.0096%1h0.4400+0.125%$155K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4391−0.068%$6K$246K10xas long as short
Hyperliquid TIA+0.0100%1h0.4397+0.075%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4393−0.018%$33K$241K10xas long as short
Binance TIAUSDT+0.0100%4h0.4391−0.067%$14.3M$43.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4389−0.114%$9.9M$13.5M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4388−0.137%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.43940.000%$999K$1.8M75xas long as short
MEXC TIA_USDTlong+0.0100%4h0.4394long leg$11.3M$6.5M300x
KuCoin TIAUSDTM+0.0100%4h0.4393−0.023%$4.2M$9.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4390−0.091%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4391−0.068%$103.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4392−0.046%$101K$167K10xas long as short
Variational Omni TIA+0.0100%4h0.4405+0.255%$103K$59Kas long as short
HTX TIA-USDT+0.0100%4h0.4406+0.273%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4386−0.188%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4390−0.101%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4400+0.142%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4413+0.432%$26K$11K12xas long as short
Kraken Futures PF_TIAUSDshort+0.0329%1h0.4392−0.042%$359K$193K50x
BloFin TIA-USDT+0.0340%4h0.4409+0.341%$1.7M$733K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4401+0.159%$51K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4396+0.035%$40K100xas long as short
dYdX TIA-USD+0.0550%1h0.4410+0.368%$52K$13910xas long as short