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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against Orderly−0.166%7-day average −0.038% · 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 4 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.166%, 7d avg −0.038%
Together, before fees+0.047%+ Points / potential airdropVariational Omni: Active · farm board+$5 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: Variational Omni is 0.128% cheaper against Orderly than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TIA_USDC0.44070.0099pay 0.0050% / 4h1h 07m$7K$243K10x
ShortVariational Omni TIA0.44000.0100get 0.0050% / 4h1h 07m$103K$50K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.15
Price spread: −0.166% → −0.038%
−$12.82
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.67
Costs to cover
0.060%
Break-even
871.2 days
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 47 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 Variational Omni RFQ quote, 47 min ago4.60 bpdoesn't fit27.6 bp −$276doesn'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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4397−0.227%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4406−0.023%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0050%4h0.4404−0.068%$2.8M$6.6M50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0060% / S +0.0054%1h0.4407−0.006%$6K100xas long as short
Lighter TIA+0.0096%1h0.4400−0.166%$151K$426K10xas long as short
Orderly PERP_TIA_USDClong+0.0099%4h0.4407long leg$7K$243K10x
Hyperliquid TIA+0.0100%1h0.4410+0.070%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4403−0.086%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4404−0.061%$13.8M$47.6M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4406−0.023%$9.9M$13.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4405−0.045%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4406−0.023%$12.9M$14.2M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4399−0.182%$4.2M$9.8M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4402−0.113%$4.4M$3.8M75xas long as short
BingX TIA-USDT+0.0100%4h0.4405−0.045%$104.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4395−0.272%$101K$168K10xas long as short
Variational Omni TIAshort+0.0100%4h0.4400−0.166%$103K$50K
ApeX Omni TIAUSDT+0.0100%1h0.4399−0.182%$50K$225K50xas long as short
HTX TIA-USDT+0.0100%4h0.4397−0.227%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4390−0.397%$56K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4396−0.260%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0144%1h0.4398−0.214%$349K$202K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4408+0.023%$24K$11K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4402−0.111%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4399−0.182%$1.7M$710K75xas long as short
Coinbase International TIA-PERP-INTX+0.0408%1h0.4408+0.023%$47K$87K50xas long as short
dYdX TIA-USD+0.0475%1h0.4394−0.291%$52K$13910xas long as short