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+0.0255%/8h= +27.9% APRpaid last 24h −0.056%
Price spread now: Kraken Futures against Variational Omni+0.073%7-day average +0.091% · 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)+0.053%+$5 on $10k
Price spread, last 4 days (all we have)+0.247%+$25 · spread now +0.073%, 7d avg +0.091%
Together, before fees+0.300%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.053% in total (about 5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TIA0.4386−0.0089get 0.0045% / 4h45m 20s$103K$85K
ShortKraken Futures PF_TIAUSD0.43890.0165get 0.0021% / 1h45m 20s$359K$195K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
$53.46
Price spread: +0.073% → +0.091%
−$1.81
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$41.65
Costs to cover
0.100%
Break-even
1.5 days
Slippage unknown: Variational Omni: RFQ quote, 24 min ago; Kraken Futures: live order book, 12 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 Variational Omni RFQ quote, 24 min ago5.66 bpdoesn't fit30.5 bp −$305doesn't fitdoesn't fit
Sell Kraken Futures live order book, 12 min ago23.93 bp32.2 bp −$3275.0 bp −$750doesn't fitdoesn't fit

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−0.0115%4h0.4385−0.016%$9.6M$13.5M50xas long as short
Variational Omni TIAlong−0.0089%4h0.4386long leg$103K$85K
ApeX Omni TIAUSDT−0.0027%1h0.4382−0.084%$49K$231K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4390+0.098%$31K$27K25xas long as short
KuCoin TIAUSDTM+0.0002%4h0.4387+0.030%$4.2M$9.1M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4388+0.053%$1K150xas long as short
Lighter TIA+0.0096%1h0.4392+0.144%$155K$418K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4388+0.053%$5K$278K10xas long as short
Hyperliquid TIA+0.0100%1h0.4393+0.176%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4386+0.002%$32K$245K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4388+0.045%$14.3M$42.9M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4384−0.039%$2.8M$6.2M50xas long as short
Gate TIA_USDT+0.0100%4h0.4389+0.076%$994K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4389+0.076%$12.0M$6.5M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4387+0.030%$4.4M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4387+0.030%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4392+0.153%$105K$157K10xas long as short
HTX TIA-USDT+0.0100%4h0.4391+0.121%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4382−0.088%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4389+0.076%$7K3xas long as short
dYdX TIA-USD+0.0161%1h0.4388+0.055%$52K$19910xas long as short
Kraken Futures PF_TIAUSDshort+0.0165%1h0.4389+0.073%$359K$195K50x
Reya TIARUSDPERP+0.0180%1h0.4387+0.020%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4393+0.167%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4387+0.030%$1.6M$729K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4394+0.190%$51K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4389+0.075%$40K100xas long as short