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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0300%/8h= −32.9% APRpaid last 24h +0.016%
Price spread now: Orderly against Coinbase International−0.718%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.568%+$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Orderly is 0.718% cheaper against Coinbase International than usual: you would sell low and buy high (−$72 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.568%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TIA-PERP-INTX0.44560.0400pay 0.0050% / 1h48m 05s$52K$77K50x
ShortOrderly PERP_TIA_USDC0.44240.0100get 0.0050% / 4h3h 48m$5K$239K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Coinbase International. 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
−$63.05
Price spread: −0.718% → 0.000%
−$71.81
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$150.86
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Orderly no order-book sample
Coinbase International and Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4425−0.696%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4423−0.743%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0093%4h0.4419−0.830%$2.8M$6.3M50xas long as short
Lighter TIA+0.0096%1h0.4430−0.586%$156K$417K10xas long as short
Orderly PERP_TIA_USDCshort+0.0100%4h0.4424−0.718%$5K$239K10x
Hyperliquid TIA+0.0100%1h0.4429−0.613%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4423−0.741%$34K$241K10xas long as short
Binance TIAUSDT+0.0100%4h0.4424−0.712%$14.5M$43.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4423−0.741%$9.9M$13.4M50xas long as short
Gate TIA_USDT+0.0100%4h0.4425−0.696%$1.0M$1.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC TIA_USDT+0.0100%4h0.4424−0.718%$11.8M$6.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4424−0.718%$4.3M$9.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4421−0.785%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4422−0.763%$101.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4424−0.720%$102K$169K10xas long as short
Variational Omni TIA+0.0100%4h0.4440−0.354%$103K$66Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4451−0.112%$50K$230K50xas long as short
HTX TIA-USDT+0.0100%4h0.4427−0.651%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4418−0.858%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4423−0.752%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4421−0.778%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4445−0.247%$26K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0327%1h0.4422−0.766%$361K$193K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4425−0.696%$1.7M$736K75xas long as short
Coinbase International TIA-PERP-INTXlong+0.0400%1h0.4456long leg$52K$77K50x
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4422−0.768%$40K100xas long as short
dYdX TIA-USD+0.0524%1h0.4424−0.714%$53K$13910xas long as short