Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.028%

Price spread now: ApeX Omni against Aster−0.192%79s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$770.765% of the position

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.031%−$3 on $10k

Price spread, last 3 days (all we have)+0.392%+$39 · spread now −0.192%, 7d avg −0.016%

Together, before fees+0.360%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.176% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TIAUSDT	0.4363	0.0100	pay 0.0050% / 4h	18m 12s	$34K	$268K	10x
Short	ApeX Omni TIAUSDT	0.4355	−0.0004	pay 0.0001% / 1h	18m 12s	$49K	$235K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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 AsterbpFee ApeX OmnibpOrdersPrice spread, now −0.192%Rate

Funding earned: −$21.92
Price spread: −0.192% → −0.016%: −$17.62
Slippage, 4 orders: −$58.55
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$116.09
Costs to cover: 0.765%
Break-even: never at this rate

Slippage from Aster: live order book, 59 min ago; ApeX Omni: live order book, 58 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 Aster live order book, 59 min ago	5.76 bp	13.9 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 58 min ago	5.77 bp	15.3 bp −$15	119.6 bp −$1,196	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
OKX TIA-USDT-SWAP	−0.0190%	4h	0.4357	−0.146%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0163%	1h	0.4363	−0.018%	$359K	$246K	50x	as long as short
KuCoin TIAUSDTM	−0.0028%	4h	0.4364	+0.014%	$4.2M	$8.7M	50x	as long as short
ApeX Omni TIAUSDTshort	−0.0004%	1h	0.4355	−0.192%	$49K	$235K	50x
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4361	−0.055%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4363	−0.009%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4367	+0.078%	$139K	$362K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4359	−0.101%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4369	+0.122%	$4.3M	$1.5M	5x	as long as short
Aster TIAUSDTlong	+0.0100%	4h	0.4363	long leg	$34K	$268K	10x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4361	−0.055%	$14.5M	$42.4M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4358	−0.123%	$9.5M	$13.2M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4365	+0.037%	$980K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4360	−0.078%	$13.3M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4358	−0.123%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4360	−0.078%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4365	+0.042%	$101K	$153K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4364	+0.023%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4367	+0.083%	$65K	$44K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4358	−0.131%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4361	−0.062%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4358	−0.125%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0208%	1h	0.4389	+0.587%	$51K	$77K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4360	−0.078%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4366	+0.060%	$1.2M	$576K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0459% / S −0.3505%	1h	0.4361	−0.051%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0716%	1h	0.4366	+0.067%	$52K	$59	10x	as long as short