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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against OKX+0.023%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$550.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.023%, 7d avg +0.004%
Together, before fees+0.055%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TIA-USDT-SWAP0.43480.0100pay 0.0050% / 4h3h 08m$2.8M$6.3M50x
ShortBybit TIAUSDT0.43490.0100get 0.0050% / 4h3h 08m$9.8M$13.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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: +0.023% → +0.004%
$1.93
Slippage, 4 orders
−$34.03
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$53.1
Costs to cover
0.550%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago1.14 bp12.0 bp −$1246.5 bp −$465doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.14 bp13.4 bp −$1334.7 bp −$347163.5 bp −$16.3Kdoesn'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
ApeX Omni TIAUSDT−0.0048%1h0.4376+0.644%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4352+0.092%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4352+0.091%$1K150xas long as short
Lighter TIA+0.0096%1h0.4357+0.202%$155K$422K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4349+0.023%$6K$255K10xas long as short
Hyperliquid TIA+0.0100%1h0.4355+0.159%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4349+0.028%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4351+0.069%$13.8M$43.8M75xas long as short
Bybit TIAUSDTshort+0.0100%4h0.4349+0.023%$9.8M$13.6M50x
OKX TIA-USDT-SWAPlong+0.0100%4h0.4348long leg$2.8M$6.3M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4353+0.115%$989K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4350+0.046%$11.1M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4351+0.069%$4.2M$9.3M50xas long as short
Bitget TIAUSDT+0.0100%4h0.43480.000%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4351+0.069%$103.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4350+0.048%$102K$168K10xas long as short
Variational Omni TIA+0.0100%4h0.4361+0.292%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4352+0.092%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4348−0.009%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4350+0.057%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4349+0.013%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4382+0.782%$25K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0333%1h0.4348+0.006%$345K$205K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4353+0.115%$1.7M$714K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0359% / S −0.0613%1h0.4352+0.090%$23K100xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4359+0.253%$47K$84K50xas long as short
dYdX TIA-USD+0.0419%1h0.4353+0.120%$52K$13910xas long as short