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

TIA

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0943%/8h= +103.3% APRnext payment +$1.18 per $10,000 · paid last 24h +0.233%
Price spread now: dYdX against ApeX Omni+0.440%50s7-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 7 days+0.543%+$54 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and dYdX is 0.440% dearer against ApeX Omni than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.543% in total (about 28.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TIAUSDT0.43810.0100pay 0.0013% / 1h24m 23s$49K$235K50x
ShortdYdX TIA-USD0.44000.1043get 0.0130% / 1h24m 23s$52K$5910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
$198.05
Price spread: +0.440% → 0.000%
$44.04
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$222.1
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 47 min ago; dYdX: 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 ApeX Omni live order book, 47 min ago8.03 bp16.1 bp −$16126.5 bp −$1,265doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
OKX TIA-USDT-SWAP−0.0156%4h0.4391+0.228%$2.8M$5.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0152%1h0.4393+0.265%$361K$225K50xas long as short
KuCoin TIAUSDTM−0.0026%4h0.4394+0.297%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4395+0.320%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4398+0.378%$1K150xas long as short
Lighter TIA+0.0096%1h0.4404+0.516%$140K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4395+0.320%$5K$362K10xas long as short
Hyperliquid TIA+0.0100%1h0.4402+0.477%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4397+0.373%$34K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4397+0.361%$14.6M$41.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4394+0.297%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4398+0.388%$988K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4396+0.342%$13.3M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4394+0.297%$4.5M$3.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4396+0.342%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4400+0.427%$102K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4386+0.109%$102K$84Kas long as short
ApeX Omni TIAUSDTlong+0.0100%1h0.4381long leg$49K$235K50x
HTX TIA-USDT+0.0100%4h0.4394+0.297%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4395+0.326%$55K$173K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4393+0.263%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4385+0.091%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4394+0.289%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4398+0.388%$51K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4392+0.251%$1.2M$580K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4397+0.362%$36K100xas long as short
dYdX TIA-USDshort+0.1043%1h0.4400+0.440%$52K$5910x