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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.137%
Price spread now: Hyperliquid against dYdX+0.134%7-day average · you sell dearer than you buy
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−0.598%−$60 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.134% dearer against dYdX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.598%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.44140.0073pay 0.0009% / 1h17m 55s$52K$13910x
ShortHyperliquid TIA0.44200.0100get 0.0013% / 1h17m 55s$4.8M$1.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$5.75
Price spread: +0.134% → 0.000%
$13.43
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$0.18
Costs to cover
0.190%
Break-even
6.8 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago2.39 bp12.4 bp −$12doesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX TIA/USD [ETH-USDC]L −0.4075% / S +0.0184%1h0.4401−0.295%$5K100xas long as short
Bybit TIAUSDT−0.0268%4h0.4409−0.115%$9.7M$14.8M50xas long as short
Kraken Futures PF_TIAUSD−0.0169%1h0.4413−0.023%$370K$221K50xas long as short
ApeX Omni TIAUSDT−0.0167%1h0.4401−0.296%$51K$223K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4417+0.066%$33K$22K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4401−0.299%$1K150xas long as short
dYdX TIA-USDlong+0.0073%1h0.4414long leg$52K$13910x
Injective TIA/USDC PERP+0.0079%1h0.4400−0.319%$78K$158K12xas long as short
Lighter TIA+0.0096%1h0.4421+0.159%$192K$442K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4417+0.066%$7K$191K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIAshort+0.0100%1h0.4420+0.134%$4.8M$1.5M5x
Aster TIAUSDT+0.0100%4h0.4411−0.066%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4414+0.004%$14.2M$50.1M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4410−0.092%$2.7M$7.0M50xas long as short
Gate TIA_USDT+0.0100%4h0.4415+0.021%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4414−0.002%$10.5M$14.7M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4413−0.024%$4.2M$10.4M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4411−0.070%$4.5M$4.3M75xas long as short
BingX TIA-USDT+0.0100%4h0.4411−0.070%$14.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4416+0.053%$102K$176K10xas long as short
Variational Omni TIA+0.0100%4h0.4394−0.464%$102K$99Kas long as short
HTX TIA-USDT+0.0100%4h0.4411−0.070%$59K$76K50xas long as short
Extended TIA-USD+0.0104%1h0.4411−0.065%$56K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4414−0.002%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4412−0.044%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4397−0.387%$1.6M$755K75xas long as short
Coinbase International TIA-PERP-INTX+0.0408%1h0.4410−0.092%$54K$109K50xas long as short