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−0.0034%/8h= −3.8% APRpaid last 24h −0.202%
Price spread now: Bitget against dYdX−0.046%53s7-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−0.529%−$53 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 −$1 a day on $10k at the current rate, and Bitget is 0.046% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.43530.0134pay 0.0017% / 1h41m 50s$52K$19910x
ShortBitget TIAUSDT0.43510.0100get 0.0050% / 4h2h 41m$4.5M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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
−$7.23
Price spread: −0.046% → 0.000%
−$4.59
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$33.82
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 1 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 dYdX no order-book sample
Sell Bitget live order book, 1 min ago1.15 bp17.7 bp −$1838.4 bp −$384doesn't fitdoesn't fit
dYdX: 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
ApeX Omni TIAUSDT−0.0369%1h0.4367+0.322%$49K$232K50xas long as short
OKX TIA-USDT-SWAP−0.0120%4h0.4346−0.161%$2.8M$6.0M50xas long as short
KuCoin TIAUSDTM−0.0004%4h0.4352−0.023%$4.2M$8.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4352−0.013%$356K$228K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4350−0.069%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4351−0.046%$1K150xas long as short
Bybit TIAUSDT+0.0045%4h0.4347−0.138%$9.5M$13.1M50xas long as short
Lighter TIA+0.0096%1h0.4355+0.034%$128K$371K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4349−0.092%$5K$339K10xas long as short
Hyperliquid TIA+0.0100%1h0.4358+0.115%$4.6M$1.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4350−0.064%$34K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4351−0.048%$14.3M$42.2M75xas long as short
Gate TIA_USDT+0.0100%4h0.4355+0.046%$979K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.43530.000%$12.4M$6.7M300xas long as short
Bitget TIAUSDTshort+0.0100%4h0.4351−0.046%$4.5M$3.4M75x
BingX TIA-USDT+0.0100%4h0.4350−0.069%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4351−0.034%$101K$162K10xas long as short
Variational Omni TIA+0.0100%4h0.4361+0.191%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4359+0.138%$58K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4349−0.082%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4348−0.115%$7K3xas long as short
dYdX TIA-USDlong+0.0134%1h0.4353long leg$52K$19910x
Reya TIARUSDPERP+0.0180%1h0.4349−0.094%$6K15xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4352−0.023%$26K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4377+0.551%$51K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4373+0.459%$1.3M$617K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4350−0.061%$35K100xas long as short