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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against BingX+0.023%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$710.708% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.023%, 7d avg −0.016%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TIA-USDC0.43510.0100pay 0.0050% / 4h1h 54m$6.5M
ShortBybit TIAUSDT0.43520.0100get 0.0050% / 4h1h 54m$9.8M$14.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.023% → −0.016%
$3.86
Slippage, 4 orders
−$49.76
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$66.9
Costs to cover
0.708%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 4 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 BingX live order book, 10 min ago2.29 bp14.9 bp −$1555.6 bp −$556408.6 bp −$40.9K711.1 bp −$355.6K
Sell Bybit live order book, 4 min ago2.29 bp12.2 bp −$1232.2 bp −$322182.3 bp −$18.2Kdoesn'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
ApeX Omni TIAUSDT−0.0071%1h0.4367+0.368%$50K$227K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4354+0.069%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4356+0.115%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0077%4h0.43510.000%$2.7M$6.5M50xas long as short
dYdX TIA-USD+0.0089%1h0.4352+0.026%$52K$13910xas long as short
Lighter TIA+0.0096%1h0.4357+0.145%$150K$424K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4355+0.092%$7K$261K10xas long as short
Hyperliquid TIA+0.0100%1h0.4357+0.136%$4.6M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4355+0.083%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4353+0.046%$13.6M$47.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDTshort+0.0100%4h0.4352+0.023%$9.8M$14.0M50x
Gate TIA_USDT+0.0100%4h0.4354+0.069%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4353+0.046%$13.1M$14.1M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4350−0.023%$4.2M$9.7M50xas long as short
Bitget TIAUSDT+0.0100%4h0.43510.000%$4.4M$3.9M75xas long as short
BingX TIA-USDClong+0.0100%4h0.4351long leg$6.5M
Backpack TIA_USDC_PERP+0.0100%1h0.4355+0.103%$101K$172K10xas long as short
Variational Omni TIA+0.0100%4h0.4360+0.212%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4356+0.115%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4350−0.014%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4354+0.057%$7K3xas long as short
GMX TIA/USD [ETH-USDC]L +0.0143% / S +0.0052%1h0.4355+0.088%$6K100xas long as short
Kraken Futures PF_TIAUSD+0.0146%1h0.4356+0.122%$345K$203K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4368+0.391%$25K$11K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4353+0.055%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4358+0.161%$1.6M$703K75xas long as short
Coinbase International TIA-PERP-INTX+0.0408%1h0.4395+1.011%$47K$87K50xas long as short