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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Orderly+0.053%7-day average +0.069% · 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−0.038%−$4 on $10k
Price spread, last 3 days (all we have)−0.163%−$16 · spread now +0.053%, 7d avg +0.069%
Together, before fees−0.202%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TIA_USDC0.43680.0098pay 0.0049% / 4h32m 55s$5K$363K10x
ShortHyperliquid TIA0.43700.0100get 0.0013% / 1h32m 55s$4.3M$1.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0.51
Price spread: +0.053% → +0.069%
−$1.65
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$16.14
Costs to cover
0.150%
Break-even
229.3 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago0.92 bp10.7 bp −$11doesn't fitdoesn't fitdoesn'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−0.0176%4h0.4363−0.114%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0163%1h0.4366−0.035%$358K$245K50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.4363−0.114%$4.2M$8.7M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4369+0.023%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4370+0.038%$1K150xas long as short
ApeX Omni TIAUSDT+0.0019%1h0.4361−0.160%$49K$235K50xas long as short
Gate TIA_USDT+0.0072%4h0.4366−0.046%$984K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.4371+0.066%$139K$362K10xas long as short
Orderly PERP_TIA_USDClong+0.0098%4h0.4368long leg$5K$363K10x
Hyperliquid TIAshort+0.0100%1h0.4370+0.053%$4.3M$1.5M5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4366−0.046%$35K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4365−0.069%$14.5M$42.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4364−0.092%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4365−0.069%$13.4M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4365−0.069%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4364−0.092%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4366−0.034%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4363−0.115%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4372+0.092%$66K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4362−0.132%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4366−0.034%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4366−0.045%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.481%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.43680.000%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4362−0.137%$1.1M$572K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4369+0.027%$36K100xas long as short
dYdX TIA-USD+0.0679%1h0.4366−0.038%$52K$5910xas long as short