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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1263%/8h= +138.3% APRnext payment +$1.58 per $10,000 · paid last 24h +0.563%
Price spread now: GMX against ApeX Omni+0.107%68s7-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 3 days (all we have)no history yet
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 +$38 a day on $10k at the current rate, and GMX is 0.107% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TIAUSDT0.4383−0.0067get 0.0008% / 1h17m 44s$50K$230K50x
ShortGMX TIA/USD [ETH-USDC]0.4388L +0.0493% / S −0.1196%get 0.0149% / 1h17m 44s$40K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$265.28
Price spread: +0.107% → 0.000%
$10.65
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$253.94
Costs to cover
0.220%
Break-even
0.3 days
Slippage unknown: ApeX Omni: live order book, 33 min ago; GMX: 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, 33 min ago7.90 bp15.8 bp −$16116.6 bp −$1,166doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 TIAUSDTlong−0.0067%1h0.4383long leg$50K$230K50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4388+0.114%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4387+0.089%$1K150xas long as short
Lighter TIA+0.0096%1h0.4396+0.292%$155K$420K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4386+0.068%$6K$249K10xas long as short
Hyperliquid TIA+0.0100%1h0.4395+0.285%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4389+0.140%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4390+0.171%$13.9M$43.7M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4389+0.137%$9.8M$13.6M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4387+0.091%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4388+0.114%$996K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4387+0.091%$11.3M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4387+0.091%$4.2M$9.3M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4392+0.205%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4387+0.091%$103.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4388+0.123%$101K$167K10xas long as short
Variational Omni TIA+0.0100%4h0.4378−0.120%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4380−0.068%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4385+0.052%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4386+0.068%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4382−0.026%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4374−0.205%$25K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0330%1h0.4386+0.058%$358K$193K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4381−0.046%$1.7M$719K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4397+0.319%$49K$78K50xas long as short
dYdX TIA-USD+0.0453%1h0.4392+0.210%$52K$13910xas long as short
GMX TIA/USD [ETH-USDC]shortL +0.0493% / S −0.1196%1h0.4388+0.107%$40K100x