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+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.006%
Price spread now: Orderly against Variational Omni+0.415%7-day average +0.039% · 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)+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.415%, 7d avg +0.039%
Together, before fees+0.074%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Orderly is 0.376% dearer against Variational Omni than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TIA0.43990.0089pay 0.0044% / 4h1h 41m$103K$84K
ShortOrderly PERP_TIA_USDC0.44170.0100get 0.0050% / 4h1h 41m$5K$317K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$2.28
Price spread: +0.415% → +0.039%
$37.6
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$33.88
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 32 min ago; Orderly: 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 Variational Omni RFQ quote, 32 min ago4.55 bpdoesn't fit27.3 bp −$273doesn't fitdoesn't fit
Sell Orderly no order-book sample
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
ApeX Omni TIAUSDT−0.0036%1h0.4408+0.211%$50K$232K50xas long as short
Bybit TIAUSDT−0.0008%4h0.4403+0.097%$9.5M$13.3M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4418+0.438%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4420+0.481%$1K150xas long as short
KuCoin TIAUSDTM+0.0020%4h0.4406+0.165%$4.2M$9.0M50xas long as short
OKX TIA-USDT-SWAP+0.0029%4h0.4404+0.120%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSD+0.0075%1h0.4422+0.528%$361K$208K50xas long as short
Variational Omni TIAlong+0.0089%4h0.4399long leg$103K$84K
Lighter TIA+0.0096%1h0.4410+0.256%$156K$413K10xas long as short
Orderly PERP_TIA_USDCshort+0.0100%4h0.4417+0.415%$5K$317K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4411+0.279%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4410+0.247%$32K$246K10xas long as short
Binance TIAUSDT+0.0100%4h0.4405+0.143%$14.5M$42.7M75xas long as short
Gate TIA_USDT+0.0100%4h0.4408+0.211%$992K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4407+0.188%$12.3M$6.5M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4407+0.188%$4.5M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4405+0.143%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4416+0.402%$103K$153K10xas long as short
HTX TIA-USDT+0.0100%4h0.4423+0.552%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4404+0.111%$56K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4417+0.415%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4416+0.389%$6K15xas long as short
dYdX TIA-USD+0.0231%1h0.4408+0.215%$52K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4421+0.506%$1.5M$709K75xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4430+0.711%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4419+0.450%$40K100xas long as short
Injective TIA/USDC PERP+0.0496%1h0.4410+0.256%$26K$10K12xas long as short