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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.029%
Price spread now: MEXC against Backpack+0.025%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.025%, 7d avg +0.022%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack TIA_USDC_PERP0.43820.0100pay 0.0013% / 1h27m 28s$101K$153K10x
ShortMEXC TIA_USDT0.43830.0100get 0.0050% / 4h3h 27m$13.2M$6.7M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Backpack. 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
$0
Price spread: +0.025% → +0.022%
$0.32
Slippage, 4 orders
−$21.75
Fee Backpack: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$31.43
Costs to cover
0.318%
Break-even
never at this rate
Slippage from Backpack: live order book, 46 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 46 min ago1.15 bp11.9 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.14 bp4.4 bp −$414.0 bp −$14066.0 bp −$6,603137.4 bp −$68.7K

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−0.0163%4h0.4380−0.043%$2.8M$5.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4384+0.037%$360K$226K50xas long as short
KuCoin TIAUSDTM−0.0028%4h0.4379−0.066%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4384+0.048%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4383+0.017%$1K150xas long as short
Lighter TIA+0.0096%1h0.4387+0.121%$140K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4382+0.002%$5K$362K10xas long as short
Hyperliquid TIA+0.0100%1h0.4387+0.121%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4383+0.033%$34K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4382+0.002%$14.6M$41.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4379−0.066%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4382+0.002%$986K$1.8M75xas long as short
MEXC TIA_USDTshort+0.0100%4h0.4383+0.025%$13.2M$6.7M300x
Bitget TIAUSDT+0.0100%4h0.4383+0.025%$4.5M$3.2M75xas long as short
BingX TIA-USDT+0.0100%4h0.4381−0.021%$98.9Mas long as short
Backpack TIA_USDC_PERPlong+0.0100%1h0.4382long leg$101K$153K10x
Variational Omni TIA+0.0100%4h0.4378−0.093%$102K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4375−0.157%$49K$235K50xas long as short
HTX TIA-USDT+0.0100%4h0.4381−0.021%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4379−0.059%$54K$173K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4383+0.025%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4383+0.025%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4381−0.023%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.162%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4377−0.112%$1.2M$578K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4383+0.028%$36K100xas long as short
dYdX TIA-USD+0.1014%1h0.4382+0.002%$52K$5910xas long as short