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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Orderly−0.077%49s7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.005%+$1 · spread now −0.077%, 7d avg +0.009%
Together, before fees−0.021%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.086% cheaper against Orderly than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TIA_USDC0.43750.0098pay 0.0049% / 4h3h 39m$5K$363K10x
ShortBinance TIAUSDT0.43720.0100get 0.0050% / 4h3h 39m$14.5M$41.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
$0.46
Price spread: −0.077% → +0.009%
−$8.62
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$24.16
Costs to cover
0.160%
Break-even
376.4 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Binance live order book, 2 min ago1.14 bp10.2 bp −$1020.0 bp −$20091.9 bp −$9,189doesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TIA-USDT-SWAP−0.0185%4h0.4368−0.160%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4377+0.046%$360K$246K50xas long as short
KuCoin TIAUSDTM−0.0054%4h0.4369−0.137%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4376+0.023%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4373−0.042%$1K150xas long as short
ApeX Omni TIAUSDT+0.0041%1h0.4377+0.046%$49K$234K50xas long as short
Lighter TIA+0.0096%1h0.4380+0.114%$139K$359K10xas long as short
Orderly PERP_TIA_USDClong+0.0098%4h0.4375long leg$5K$363K10x
Hyperliquid TIA+0.0100%1h0.4377+0.053%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4379+0.084%$34K$249K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDTshort+0.0100%4h0.4372−0.077%$14.5M$41.4M75x
Bybit TIAUSDT+0.0100%4h0.4369−0.137%$9.6M$13.0M50xas long as short
Gate TIA_USDT+0.0100%4h0.4374−0.023%$981K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4372−0.069%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4374−0.023%$4.5M$3.4M75xas long as short
BingX TIA-USDC+0.0100%4h0.4372−0.069%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4376+0.023%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4376+0.019%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4372−0.069%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4371−0.100%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4375+0.011%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4385+0.229%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4370−0.105%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.320%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4378+0.069%$1.2M$578K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4373−0.053%$36K100xas long as short
dYdX TIA-USD+0.0788%1h0.4376+0.031%$52K$5910xas long as short