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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.053%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.053%, 7d avg −0.044%
Together, before fees+0.055%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TIAUSDT0.44630.0100pay 0.0050% / 4h3h 32m$14.4M$49.2M75x
ShortBybit TIAUSDT0.44610.0100get 0.0050% / 4h3h 32m$10.1M$14.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: −0.053% → −0.044%
−$0.9
Slippage, 4 orders
−$26.43
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$48.32
Costs to cover
0.474%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 6 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 Binance live order book, 10 min ago1.12 bp10.9 bp −$1121.7 bp −$217140.8 bp −$14.1Kdoesn't fit
Sell Bybit live order book, 6 min ago1.12 bp12.9 bp −$1330.0 bp −$300162.1 bp −$16.2Kdoesn't fit

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
GMX TIA/USD [ETH-USDC]L −0.2614% / S +0.0135%1h0.4464+0.017%$5K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4467+0.086%$352K$223K50xas long as short
ApeX Omni TIAUSDT−0.0020%1h0.4484+0.463%$51K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4467+0.082%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4469+0.124%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0022%4h0.4461−0.053%$2.8M$7.0M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4472+0.194%$45K$41K12xas long as short
Lighter TIA+0.0096%1h0.4474+0.228%$193K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4464+0.015%$7K$218K10xas long as short
Hyperliquid TIA+0.0100%1h0.4473+0.210%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4466+0.069%$33K$249K10xas long as short
Binance TIAUSDTlong+0.0100%4h0.4463long leg$14.4M$49.2M75x
Bybit TIAUSDTshort+0.0100%4h0.4461−0.053%$10.1M$14.5M50x
Gate TIA_USDT+0.0100%4h0.4465+0.037%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4461−0.053%$11.7M$14.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4466+0.060%$4.3M$10.1M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4458−0.120%$4.4M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4460−0.075%$13.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4467+0.089%$103K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4472+0.189%$137K$79Kas long as short
HTX TIA-USDT+0.0100%4h0.4463−0.008%$60K$76K50xas long as short
Extended TIA-USD+0.0104%1h0.4458−0.112%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4468+0.109%$7K3xas long as short
dYdX TIA-USD+0.0106%1h0.4467+0.087%$53K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4465+0.045%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4461−0.053%$1.7M$767K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4500+0.821%$53K$107K50xas long as short