Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.051%

Price spread now: Reya against OKX−0.028%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.028% cheaper against OKX than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TIA-USDT-SWAP	0.4426	0.0100	pay 0.0050% / 4h	1h 12m	$2.8M	$6.2M	50x
Short	Reya TIARUSDPERP	0.4425	0.0180	get 0.0023% / 1h	12m 31s	$6K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.028%Rate

Funding earned: $16.82
Price spread: −0.028% → 0.000%: −$2.76
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$1.95
Costs to cover: 0.160%
Break-even: 7.8 days

Slippage unknown: OKX: live order book, 5 min ago; Reya: 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, 5 min ago	1.13 bp	14.4 bp −$14	44.1 bp −$441	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Bybit TIAUSDT	−0.0070%	4h	0.4424	−0.045%	$9.7M	$13.5M	50x	as long as short
KuCoin TIAUSDTM	−0.0010%	4h	0.4427	+0.023%	$4.3M	$9.0M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4435	+0.203%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4436	+0.223%	$1K	—	150x	as long as short
Variational Omni TIA	+0.0020%	4h	0.4430	+0.082%	$104K	$85K	—	as long as short
Kraken Futures PF_TIAUSD	+0.0074%	1h	0.4436	+0.221%	$362K	$204K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4438	+0.271%	$156K	$416K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4434	+0.181%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4435	+0.208%	$32K	$246K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4430	+0.090%	$14.6M	$42.9M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TIA-USDT-SWAPlong	+0.0100%	4h	0.4426	long leg	$2.8M	$6.2M	50x
Gate TIA_USDT	+0.0100%	4h	0.4433	+0.158%	$1.0M	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4430	+0.090%	$12.2M	$6.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4426	0.000%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4428	+0.045%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4432	+0.129%	$102K	$154K	10x	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4445	+0.429%	$50K	$231K	50x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4432	+0.136%	$5K	$309K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4437	+0.249%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4425	−0.026%	$56K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4433	+0.148%	$7K	—	3x	as long as short
Reya TIARUSDPERPshort	+0.0180%	1h	0.4425	−0.028%	$6K	—	15x
dYdX TIA-USD	+0.0208%	1h	0.4432	+0.138%	$53K	$199	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4434	+0.181%	$553K	$719K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0376%	1h	0.4443	+0.384%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0495% / S −0.1196%	1h	0.4435	+0.208%	$41K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0496%	1h	0.4435	+0.203%	$26K	$10K	12x	as long as short