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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0063%/8h= −6.9% APRnext payment $0.08 per $10,000 · paid last 24h −0.057%
Price spread now: Injective against Reya+0.253%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.253% dearer against Reya than usual: you sell high and buy low (spread +0.253% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TIARUSDPERP0.43700.0179pay 0.0022% / 1h56m 49s$6K15x
ShortInjective TIA/USDC PERP0.43810.0117get 0.0015% / 1h56m 49s$27K$10K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Reya. 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
−$13.15
Price spread: +0.253% → 0.000%
$25.26
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$6.09
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Injective: 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 Reya no order-book sample
Sell Injective no order-book sample
Reya and Injective: 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
Bybit TIAUSDT−0.0550%4h0.4372+0.047%$9.6M$13.1M50xas long as short
OKX TIA-USDT-SWAP−0.0211%4h0.4374+0.092%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4376+0.147%$360K$247K50xas long as short
KuCoin TIAUSDTM−0.0054%4h0.4370+0.001%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4375+0.115%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4376+0.144%$1K150xas long as short
Backpack TIA_USDC_PERP+0.0009%1h0.4374+0.097%$104K$154K10xas long as short
ApeX Omni TIAUSDT+0.0072%1h0.4384+0.321%$49K$234K50xas long as short
Lighter TIA+0.0096%1h0.4380+0.237%$140K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4374+0.092%$5K$364K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4381+0.257%$4.5M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4372+0.037%$34K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4375+0.115%$14.6M$42.1M75xas long as short
Gate TIA_USDT+0.0100%4h0.4373+0.070%$982K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4374+0.092%$13.3M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4374+0.092%$4.5M$3.4M75xas long as short
BingX TIA-USDC+0.0100%4h0.4374+0.092%$6.5Mas long as short
Variational Omni TIA+0.0100%4h0.4383+0.296%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4367−0.068%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4372+0.039%$56K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4376+0.144%$7K3xas long as short
Injective TIA/USDC PERPshort+0.0117%1h0.4381+0.253%$27K$10K12x
Reya TIARUSDPERPlong+0.0179%1h0.4370long leg$6K15x
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.436%$51K$77K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4370+0.001%$1.2M$577K75xas long as short
dYdX TIA-USD+0.0407%1h0.4375+0.115%$52K$5910xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4376+0.143%$36K100xas long as short