Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0173%/8h= +19.0% APRpaid last 24h +0.027%

Price spread now: Extended against OKX+0.012%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$410.409% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.012%, 7d avg −0.034%

Together, before fees−0.068%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TIA-USDT-SWAP	0.4400	−0.0069	get 0.0035% / 4h	2h 25m	$2.8M	$6.1M	50x
Short	Extended TIA-USD	0.4401	0.0104	get 0.0013% / 1h	25m 43s	$42K	$198K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee OKXbpFee ExtendedbpOrdersPrice spread, now +0.012%Rate

Funding earned: $36.4
Price spread: +0.012% → −0.034%: $4.67
Slippage, 4 orders: −$25.91
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.16
Costs to cover: 0.409%
Break-even: 7.0 days

Slippage from OKX: live order book, 2 min ago; Extended: live order book, 41 min ago.

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 OKX live order book, 2 min ago	1.14 bp	15.3 bp −$15	43.5 bp −$435	doesn't fit	doesn't fit
Sell Extended live order book, 41 min ago	3.41 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit

TIA on 26 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
ApeX Omni TIAUSDT	−0.0165%	1h	0.4388	−0.273%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAPlong	−0.0069%	4h	0.4400	long leg	$2.8M	$6.1M	50x
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4404	+0.102%	$360K	$214K	50x	as long as short
KuCoin TIAUSDTM	0.0000%	4h	0.4400	0.000%	$4.2M	$8.9M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4409	+0.205%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4408	+0.178%	$1K	—	150x	as long as short
Bybit TIAUSDT	+0.0066%	4h	0.4398	−0.045%	$9.5M	$13.0M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4410	+0.232%	$156K	$407K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4407	+0.159%	$5K	$321K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4409	+0.214%	$4.7M	$1.7M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4405	+0.118%	$33K	$245K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4401	+0.023%	$14.4M	$42.6M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4403	+0.068%	$990K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4401	+0.023%	$12.4M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4401	+0.023%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4401	+0.023%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4409	+0.200%	$102K	$161K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4403	+0.074%	$103K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4406	+0.136%	$59K	$75K	50x	as long as short
Extended TIA-USDshort	+0.0104%	1h	0.4401	+0.012%	$42K	$198K	25x
Aevo TIA-PERP	+0.0104%	1h	0.4407	+0.170%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4406	+0.133%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0205%	1h	0.4401	+0.028%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4402	+0.045%	$27K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4403	+0.068%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0464% / S −0.3505%	1h	0.4408	+0.179%	$36K	—	100x	as long as short