Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%

Price spread now: gTrade (Gains Network) against Deribit+0.004%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TIA_USDC-PERPETUAL	0.4333	0	get 0.0000% / 1h	23m 51s	$30K	$27K	25x
Short	gTrade (Gains Network) TIA/USD	0.4333	L +0.0002% / S 0.0000%	get 0.0000% / 1h	23m 51s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee DeribitbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.004%Rate

Funding earned: $0.07
Price spread: +0.004% → 0.000%: $0.39
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$16.54
Costs to cover: 0.170%
Break-even: 1603.5 days

Slippage unknown: Deribit: no order-book sample; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Deribit and gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_TIAUSD	−0.0228%	1h	0.4333	+0.003%	$354K	$242K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0101%	4h	0.4325	−0.185%	$2.7M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0034%	4h	0.4329	−0.092%	$4.2M	$8.6M	50x	as long as short
Gate TIA_USDT	−0.0028%	4h	0.4328	−0.115%	$994K	$1.8M	75x	as long as short
Deribit TIA_USDC-PERPETUALlong	0.0000%	1h	0.4333	long leg	$30K	$27K	25x
gTrade (Gains Network) TIA/USDshort	L +0.0002% / S 0.0000%	1h	0.4333	+0.004%	$1K	—	150x
ApeX Omni TIAUSDT	+0.0062%	1h	0.4330	−0.069%	$49K	$236K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4336	+0.072%	$128K	$351K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4332	−0.023%	$5K	$362K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4336	+0.078%	$4.2M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4330	−0.069%	$35K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4330	−0.078%	$14.6M	$41.9M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4327	−0.138%	$9.5M	$13.2M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4330	−0.069%	$14.1M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4331	−0.046%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4328	−0.115%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4332	−0.018%	$100K	$149K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4327	−0.139%	$101K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4334	+0.023%	$65K	$42K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4327	−0.129%	$57K	$168K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4331	−0.041%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0106%	1h	0.4333	0.000%	$26K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4328	−0.115%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0216%	1h	0.4339	+0.138%	$47K	$74K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4324	−0.208%	$1.1M	$555K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0457% / S −0.3505%	1h	0.4334	+0.020%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0717%	1h	0.4335	+0.046%	$51K	$59	10x	as long as short