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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0070%/8h= −7.6% APRnext payment $0.09 per $10,000 · paid last 24h +0.031%
Price spread now: ApeX Omni against Deribit−0.114%46s7-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 5 days (all we have)no history yet
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 −$2 a day on $10k at the current rate, and ApeX Omni is 0.114% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TIA_USDC-PERPETUAL0.44040get 0.0000% / 1h17m 28s$31K$27K25x
ShortApeX Omni TIAUSDT0.4399−0.0070pay 0.0009% / 1h17m 28s$50K$232K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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
−$14.63
Price spread: −0.114% → 0.000%
−$11.35
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$42.99
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 49 min ago. 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 Deribit no order-book sample
Sell ApeX Omni live order book, 49 min ago7.97 bp16.0 bp −$16105.5 bp −$1,055doesn't fitdoesn't fit
Deribit: 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 26 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 TIAUSDTshort−0.0070%1h0.4399−0.114%$50K$232K50x
OKX TIA-USDT-SWAP−0.0059%4h0.4391−0.295%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4407+0.060%$360K$214K50xas long as short
Deribit TIA_USDC-PERPETUALlong0.0000%1h0.4404long leg$31K$27K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4397−0.163%$1K150xas long as short
KuCoin TIAUSDTM+0.0012%4h0.4392−0.272%$4.2M$8.9M50xas long as short
Lighter TIA+0.0096%1h0.4406+0.048%$156K$408K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4402−0.045%$5K$318K10xas long as short
Hyperliquid TIA+0.0100%1h0.4400−0.079%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4401−0.074%$32K$245K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4395−0.204%$14.4M$42.6M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4390−0.318%$9.5M$13.1M50xas long as short
Gate TIA_USDT+0.0100%4h0.4398−0.136%$988K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4396−0.182%$12.4M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4397−0.159%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4395−0.204%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4399−0.109%$102K$159K10xas long as short
Variational Omni TIA+0.0100%4h0.4401−0.075%$103K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4405+0.023%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4391−0.288%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4404−0.002%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4390−0.312%$6K15xas long as short
dYdX TIA-USD+0.0203%1h0.4400−0.085%$52K$19910xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4411+0.159%$27K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4417+0.295%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0464% / S −0.3505%1h0.4405+0.022%$36K100xas long as short