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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0635%/8h= −69.5% APRpaid last 24h −0.215%
Price spread now: Bybit against dYdX−0.078%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−0.554%−$55 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 −$19 a day on $10k at the current rate, and Bybit is 0.078% cheaper against dYdX than usual: you would sell low and buy high (−$8 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-USD0.43530.0735pay 0.0092% / 1h4m 38s$52K$5910x
ShortBybit TIAUSDT0.43500.0100get 0.0050% / 4h1h 04m$9.5M$13.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$133.29
Price spread: −0.078% → 0.000%
−$7.79
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$162.08
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 9 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 Bybit live order book, 9 min ago1.15 bp12.7 bp −$1332.8 bp −$328179.8 bp −$18.0Kdoesn'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−0.0227%1h0.4355+0.030%$356K$242K50xas long as short
OKX TIA-USDT-SWAP−0.0150%4h0.4349−0.101%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0044%4h0.4349−0.101%$4.2M$8.6M50xas long as short
ApeX Omni TIAUSDT−0.0016%1h0.4334−0.445%$49K$236K50xas long as short
Gate TIA_USDT−0.0014%4h0.4352−0.032%$998K$1.8M75xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4353−0.009%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4353−0.004%$1K150xas long as short
Lighter TIA+0.0096%1h0.4356+0.065%$128K$351K10xas long as short
Orderly PERP_TIA_USDC+0.0097%4h0.4351−0.055%$5K$362K10xas long as short
Variational Omni TIA+0.0100%4h0.4341−0.287%$101K$84Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4358+0.104%$4.3M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4352−0.026%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4354+0.014%$14.5M$42.0M75xas long as short
Bybit TIAUSDTshort+0.0100%4h0.4350−0.078%$9.5M$13.2M50x
MEXC TIA_USDT+0.0100%4h0.4353−0.009%$14.1M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4351−0.055%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4351−0.055%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4353−0.007%$101K$151K10xas long as short
HTX TIA-USDT+0.0100%4h0.4325−0.652%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4349−0.091%$57K$168K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4351−0.062%$7K3xas long as short
Injective TIA/USDC PERP+0.0106%1h0.4357+0.083%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4351−0.061%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4354+0.014%$48K$73K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4355+0.037%$1.1M$562K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0458% / S −0.3505%1h0.4353−0.014%$35K100xas long as short
dYdX TIA-USDlong+0.0735%1h0.4353long leg$52K$5910x