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

TIA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0295%/8h= −32.4% APRpaid last 24h −0.134%
Price spread now: BloFin against dYdX−0.102%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−0.293%−$29 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 BloFin is 0.102% cheaper against dYdX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.43720.0635pay 0.0079% / 1h38m 36s$52K$5910x
ShortBloFin TIA-USDT0.43680.0340get 0.0170% / 4h38m 36s$1.1M$568K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$62.05
Price spread: −0.102% → 0.000%
−$10.24
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$94.29
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago1.14 bp13.0 bp −$1316.8 bp −$16844.1 bp −$4,406doesn'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
Kraken Futures PF_TIAUSD−0.0163%1h0.4368−0.109%$358K$245K50xas long as short
OKX TIA-USDT-SWAP−0.0156%4h0.4366−0.148%$2.8M$6.0M50xas long as short
KuCoin TIAUSDTM−0.0020%4h0.4370−0.057%$4.2M$8.7M50xas long as short
ApeX Omni TIAUSDT−0.0011%1h0.4366−0.148%$49K$235K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4368−0.102%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4368−0.108%$1K150xas long as short
Gate TIA_USDT+0.0074%4h0.4370−0.057%$989K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.4377+0.103%$139K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4365−0.171%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4375+0.055%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4373+0.003%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4370−0.053%$14.5M$42.3M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4368−0.102%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4371−0.034%$13.5M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4370−0.057%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4369−0.079%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4368−0.114%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4364−0.195%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4381+0.195%$65K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4367−0.131%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4367−0.125%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4368−0.096%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.378%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4368−0.102%$26K$10K12xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4368−0.102%$1.1M$568K75x
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4368−0.109%$36K100xas long as short
dYdX TIA-USDlong+0.0635%1h0.4372long leg$52K$5910x