Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0303%/8h= +33.2% APRpaid last 24h +0.098%

Price spread now: BloFin against ApeX Omni−0.069%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$580.579% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.275%+$27 on $10k

Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.069%, 7d avg +0.017%

Together, before fees+0.467%+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.086% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.017%). If the spread goes back, that is −$9 on $10k: about 23 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.275% in total) that is about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TIAUSDT	0.4359	0.0037	pay 0.0005% / 1h	42m 21s	$50K	$226K	50x
Short	BloFin TIA-USDT	0.4356	0.0340	get 0.0170% / 4h	1h 42m	$1.7M	$703K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against ApeX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BloFinbpOrdersPrice spread, now −0.069%Rate

Funding earned: $63.62
Price spread: −0.069% → +0.017%: −$8.61
Slippage, 4 orders: −$35.87
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$2.86
Costs to cover: 0.579%
Break-even: 7.3 days

Slippage from ApeX Omni: live order book, 64 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 64 min ago	8.04 bp	17.5 bp −$17	127.4 bp −$1,274	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	4.59 bp	13.9 bp −$14	21.9 bp −$219	63.0 bp −$6,303	doesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4355	−0.092%	$30K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4356	−0.065%	$1K	—	150x	as long as short
ApeX Omni TIAUSDTlong	+0.0037%	1h	0.4359	long leg	$50K	$226K	50x
OKX TIA-USDT-SWAP	+0.0053%	4h	0.4351	−0.184%	$2.7M	$6.5M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4356	−0.062%	$150K	$424K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4354	−0.115%	$7K	$253K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4360	+0.028%	$4.6M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4354	−0.125%	$32K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4354	−0.115%	$13.6M	$47.5M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4353	−0.138%	$9.8M	$14.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4355	−0.092%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4355	−0.092%	$13.0M	$14.2M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4353	−0.138%	$4.2M	$9.7M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4351	−0.184%	$4.4M	$3.9M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4352	−0.161%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4356	−0.076%	$101K	$173K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4347	−0.281%	$101K	$51K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4360	+0.023%	$58K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4349	−0.240%	$56K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4354	−0.115%	$7K	—	3x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0121% / S +0.0053%	1h	0.4356	−0.079%	$6K	—	100x	as long as short
Kraken Futures PF_TIAUSD	+0.0146%	1h	0.4355	−0.097%	$345K	$201K	50x	as long as short
Injective TIA/USDC PERP	+0.0176%	1h	0.4362	+0.069%	$24K	$11K	12x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4352	−0.169%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0244%	1h	0.4353	−0.132%	$52K	$139	10x	as long as short
BloFin TIA-USDTshort	+0.0340%	4h	0.4356	−0.069%	$1.7M	$703K	75x
Coinbase International TIA-PERP-INTX	+0.0408%	1h	0.4395	+0.826%	$47K	$87K	50x	as long as short