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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0110%/8h= +12.1% APRpaid last 24h −0.048%
Price spread now: Coinbase International against Orderly+0.137%7-day average · you sell dearer than you buy
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−0.570%−$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.137% dearer against Orderly than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.570%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TIA_USDC0.43830.0098pay 0.0049% / 4h2m 07s$5K$364K10x
ShortCoinbase International TIA-PERP-INTX0.43890.0208get 0.0026% / 1h2m 07s$51K$77K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$23.14
Price spread: +0.137% → 0.000%
$13.69
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$20.83
Costs to cover
0.160%
Break-even
0.7 days
Slippage unknown: Orderly: no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Coinbase International no order-book sample
Orderly and Coinbase International: 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−0.0214%4h0.43830.000%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSD−0.0162%1h0.4385+0.042%$360K$246K50xas long as short
KuCoin TIAUSDTM−0.0038%4h0.4382−0.023%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4386+0.068%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4382−0.023%$1K150xas long as short
ApeX Omni TIAUSDT+0.0058%1h0.4370−0.297%$49K$234K50xas long as short
Lighter TIA+0.0096%1h0.4390+0.164%$140K$362K10xas long as short
Orderly PERP_TIA_USDClong+0.0098%4h0.4383long leg$5K$364K10x
Hyperliquid TIA+0.0100%1h0.4395+0.262%$4.5M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4384+0.032%$34K$268K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4386+0.076%$14.6M$42.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.43830.000%$9.6M$13.2M50xas long as short
Gate TIA_USDT+0.0100%4h0.4385+0.046%$984K$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4387+0.091%$13.3M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4385+0.046%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4386+0.068%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4387+0.082%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4360−0.527%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4376−0.160%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4382−0.030%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4384+0.031%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4377−0.127%$6K15xas long as short
Coinbase International TIA-PERP-INTXshort+0.0208%1h0.4389+0.137%$51K$77K50x
Injective TIA/USDC PERP+0.0210%1h0.4381−0.046%$27K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.43830.000%$1.2M$579K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4382−0.021%$36K100xas long as short
dYdX TIA-USD+0.0731%1h0.4383+0.010%$52K$5910xas long as short