Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h 0.000%

Price spread now: Coinbase International against Binance+0.971%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.540%−$54 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.971% dearer against Binance than usual: you sell high and buy low: +$97 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.540%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TIAUSDT	0.4353	0.0100	pay 0.0050% / 4h	1h 46m	$13.6M	$47.5M	75x
Short	Coinbase International TIA-PERP-INTX	0.4395	0.0408	get 0.0051% / 1h	46m 49s	$47K	$87K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee BinancebpFee Coinbase InternationalbpOrdersPrice spread, now +0.971%Rate

Funding earned: $64.68
Price spread: +0.971% → 0.000%: $97.1
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $141.78
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 10 min ago; Coinbase International: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 10 min ago	1.15 bp	9.0 bp −$9	18.3 bp −$183	108.1 bp −$10.8K	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4357	+0.098%	$30K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4358	+0.118%	$1K	—	150x	as long as short
ApeX Omni TIAUSDT	+0.0006%	1h	0.4353	+0.006%	$50K	$227K	50x	as long as short
OKX TIA-USDT-SWAP	+0.0062%	4h	0.4349	−0.086%	$2.7M	$6.5M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4361	+0.190%	$150K	$424K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4356	+0.075%	$7K	$255K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4362	+0.213%	$4.7M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4354	+0.034%	$32K	$247K	10x	as long as short
Binance TIAUSDTlong	+0.0100%	4h	0.4353	long leg	$13.6M	$47.5M	75x
Bybit TIAUSDT	+0.0100%	4h	0.4352	−0.017%	$9.8M	$14.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4357	+0.098%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4353	+0.006%	$13.0M	$14.2M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4354	+0.029%	$4.2M	$9.7M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4350	−0.063%	$4.4M	$3.9M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4354	+0.029%	—	$103.1M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4355	+0.059%	$101K	$172K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4351	−0.045%	$101K	$51K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4357	+0.098%	$58K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4351	−0.033%	$56K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4356	+0.064%	$7K	—	3x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0129% / S +0.0053%	1h	0.4357	+0.089%	$6K	—	100x	as long as short
Kraken Futures PF_TIAUSD	+0.0146%	1h	0.4356	+0.073%	$345K	$201K	50x	as long as short
Injective TIA/USDC PERP	+0.0176%	1h	0.4358	+0.121%	$24K	$11K	12x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4352	−0.020%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0270%	1h	0.4357	+0.103%	$52K	$139	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4357	+0.098%	$1.7M	$703K	75x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0408%	1h	0.4395	+0.971%	$47K	$87K	50x