Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h −0.002%

Price spread now: gTrade (Gains Network) against OKX+0.114%53s7-day average — · you sell dearer than you buy

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

Long on OKX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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 +$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.114% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TIA-USDT-SWAP	0.4406	−0.0027	get 0.0014% / 4h	2h 03m	$2.8M	$6.0M	50x
Short	gTrade (Gains Network) TIA/USD	0.4411	L +0.0002% / S 0.0000%	get 0.0000% / 1h	3m 35s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.114%Rate

Funding earned: $5.83
Price spread: +0.114% → 0.000%: $11.39
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$2.77
Costs to cover: 0.200%
Break-even: 10.3 days

Slippage unknown: OKX: live order book, 4 min ago; gTrade (Gains Network): 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 OKX live order book, 4 min ago	1.14 bp	14.3 bp −$14	47.1 bp −$471	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 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
OKX TIA-USDT-SWAPlong	−0.0027%	4h	0.4406	long leg	$2.8M	$6.0M	50x
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4408	+0.048%	$360K	$212K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4410	+0.091%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USDshort	L +0.0002% / S 0.0000%	1h	0.4411	+0.114%	$1K	—	150x
KuCoin TIAUSDTM	+0.0018%	4h	0.4407	+0.023%	$4.2M	$8.9M	50x	as long as short
ApeX Omni TIAUSDT	+0.0029%	1h	0.4399	−0.159%	$50K	$233K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4417	+0.256%	$156K	$409K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4408	+0.045%	$5K	$317K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4418	+0.263%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4412	+0.128%	$32K	$245K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4410	+0.090%	$14.4M	$42.5M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4408	+0.045%	$9.6M	$13.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4412	+0.136%	$993K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4409	+0.068%	$12.4M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4409	+0.068%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4409	+0.068%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4410	+0.084%	$102K	$154K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4397	−0.210%	$103K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4404	−0.045%	$59K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4405	−0.018%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4408	+0.045%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4409	+0.064%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0189%	1h	0.4412	+0.136%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4411	+0.113%	$27K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4415	+0.204%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0472% / S −0.1083%	1h	0.4411	+0.103%	$40K	—	100x	as long as short