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 −0.041%
Price spread now: KuCoin against Bybit+0.046%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$800.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.046%, 7d avg +0.029%
Together, before fees−0.045%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TIAUSDT0.43810.0100pay 0.0050% / 4h3h 14m$9.8M$13.6M50x
ShortKuCoin TIAUSDTM0.43830.0100get 0.0050% / 4h3h 14m$4.2M$9.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: +0.046% → +0.029%
$1.62
Slippage, 4 orders
−$56.55
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$77.93
Costs to cover
0.796%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 3 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 Bybit live order book, 3 min ago1.14 bp12.4 bp −$1229.3 bp −$293doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago2.28 bp29.8 bp −$3096.6 bp −$966doesn't fitdoesn'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−0.0068%1h0.4388+0.160%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4385+0.091%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4387+0.135%$1K150xas long as short
Lighter TIA+0.0096%1h0.4390+0.194%$156K$420K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4384+0.068%$6K$250K10xas long as short
Hyperliquid TIA+0.0100%1h0.4389+0.173%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4383+0.053%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4382+0.025%$13.9M$43.7M75xas long as short
Bybit TIAUSDTlong+0.0100%4h0.4381long leg$9.8M$13.6M50x
OKX TIA-USDT-SWAP+0.0100%4h0.4380−0.023%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4385+0.091%$995K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4383+0.046%$11.2M$6.5M300xas long as short
KuCoin TIAUSDTMshort+0.0100%4h0.4383+0.046%$4.2M$9.3M50x
Bitget TIAUSDT+0.0100%4h0.4382+0.023%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4382+0.023%$103.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4384+0.078%$101K$167K10xas long as short
Variational Omni TIA+0.0100%4h0.4379−0.040%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4387+0.137%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4380−0.022%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4383+0.045%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4381+0.008%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.43810.000%$25K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0330%1h0.4385+0.097%$358K$193K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4386+0.114%$1.7M$719K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0360% / S −0.0613%1h0.4386+0.114%$24K100xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4397+0.365%$49K$78K50xas long as short
dYdX TIA-USD+0.0446%1h0.4384+0.071%$52K$13910xas long as short