Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0002%/8h= −0.3% APRpaid last 24h −0.006%

Price spread now: Gate against ApeX Omni+0.415%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$810.811% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$11 on $10k

Price spread, last 3 days (all we have)−0.660%−$66 · spread now +0.415%, 7d avg −0.023%

Together, before fees−0.765%−$76 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.438% dearer against ApeX Omni than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TIAUSDT	0.4334	−0.0016	get 0.0002% / 1h	4m 39s	$49K	$236K	50x
Short	Gate TIA_USDT	0.4352	−0.0018	pay 0.0009% / 4h	1h 04m	$998K	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.415%Rate

Funding earned: −$0.49
Price spread: +0.415% → −0.023%: $43.84
Slippage, 4 orders: −$56.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$37.72
Costs to cover: 0.811%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 12 min ago; Gate: live order book, 3 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, 12 min ago	5.77 bp	14.1 bp −$14	103.4 bp −$1,034	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.31 bp	25.8 bp −$26	72.7 bp −$727	doesn't fit	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
Kraken Futures PF_TIAUSD	−0.0227%	1h	0.4355	+0.478%	$356K	$242K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0149%	4h	0.4348	+0.323%	$2.8M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0044%	4h	0.4349	+0.346%	$4.2M	$8.6M	50x	as long as short
Gate TIA_USDTshort	−0.0018%	4h	0.4352	+0.415%	$998K	$1.8M	75x
ApeX Omni TIAUSDTlong	−0.0016%	1h	0.4334	long leg	$49K	$236K	50x
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4353	+0.438%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4353	+0.443%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4356	+0.512%	$128K	$351K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4351	+0.392%	$5K	$362K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4341	+0.160%	$101K	$84K	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4358	+0.551%	$4.3M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4350	+0.375%	$35K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4353	+0.444%	$14.5M	$42.0M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4350	+0.369%	$9.5M	$13.2M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4353	+0.438%	$14.1M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4351	+0.392%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4350	+0.369%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4353	+0.441%	$101K	$151K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4325	−0.208%	$65K	$42K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4348	+0.315%	$57K	$168K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4351	+0.385%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0106%	1h	0.4357	+0.531%	$26K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4351	+0.386%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0216%	1h	0.4354	+0.461%	$48K	$73K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4355	+0.485%	$1.1M	$562K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0458% / S −0.3505%	1h	0.4353	+0.434%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0735%	1h	0.4353	+0.447%	$52K	$59	10x	as long as short