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 Bitget0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 7 days−0.019%−$2 · spread now 0.000%, 7d avg +0.015%
Together, before fees−0.049%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TIAUSDT0.44140.0100pay 0.0050% / 4h3h 28m$4.5M$3.5M75x
ShortBybit TIAUSDT0.44140.0100get 0.0050% / 4h3h 28m$9.9M$13.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: 0.000% → +0.015%
−$1.54
Slippage, 4 orders
−$31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$55.54
Costs to cover
0.540%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago1.13 bp14.5 bp −$1528.1 bp −$281doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.13 bp11.0 bp −$1133.1 bp −$331170.2 bp −$17.0Kdoesn'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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4416+0.045%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4419+0.113%$1K150xas long as short
ApeX Omni TIAUSDT+0.0072%1h0.4429+0.340%$50K$230K50xas long as short
Lighter TIA+0.0096%1h0.4424+0.222%$156K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4417+0.068%$6K$244K10xas long as short
Hyperliquid TIA+0.0100%1h0.4423+0.195%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4419+0.104%$34K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4415+0.030%$14.4M$43.2M75xas long as short
Bybit TIAUSDTshort+0.0100%4h0.44140.000%$9.9M$13.5M50x
OKX TIA-USDT-SWAP+0.0100%4h0.4411−0.068%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4419+0.113%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4417+0.068%$11.5M$6.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4418+0.091%$4.3M$9.2M50xas long as short
Bitget TIAUSDTlong+0.0100%4h0.4414long leg$4.5M$3.5M75x
BingX TIA-USDC+0.0100%4h0.4415+0.023%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4418+0.082%$102K$168K10xas long as short
Variational Omni TIA+0.0100%4h0.4430+0.368%$103K$61Kas long as short
HTX TIA-USDT+0.0100%4h0.4420+0.136%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4413−0.018%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4415+0.011%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4415+0.028%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4434+0.453%$26K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0327%1h0.4422+0.178%$361K$193K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4415+0.023%$1.7M$734K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4432+0.408%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4418+0.089%$40K100xas long as short
dYdX TIA-USD+0.0568%1h0.4425+0.249%$53K$13910xas long as short