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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment $0.31 per $10,000 · paid last 24h −0.195%
Price spread now: Kraken Futures against dYdX+0.043%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−0.255%−$25 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.043% dearer against dYdX than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.255% in total) that is about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.44500.0242pay 0.0030% / 1h9m 33s$53K$13910x
ShortKraken Futures PF_TIAUSD0.4452−0.0007pay 0.0001% / 1h9m 33s$348K$208K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$52.16
Price spread: +0.043% → 0.000%
$4.29
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$67.87
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 28 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 Kraken Futures live order book, 28 min ago19.22 bp32.8 bp −$3382.4 bp −$824doesn'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
GMX TIA/USD [ETH-USDC]L −0.1151% / S +0.0086%1h0.4454+0.082%$5K100xas long as short
ApeX Omni TIAUSDT−0.0056%1h0.4438−0.278%$51K$224K50xas long as short
Kraken Futures PF_TIAUSDshort−0.0007%1h0.4452+0.043%$348K$208K50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4456+0.126%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4449−0.028%$1K150xas long as short
Injective TIA/USDC PERP+0.0014%1h0.4447−0.076%$24K$12K12xas long as short
OKX TIA-USDT-SWAP+0.0047%4h0.4444−0.143%$2.8M$6.8M50xas long as short
Lighter TIA+0.0096%1h0.4455+0.097%$156K$428K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4454+0.081%$7K$231K10xas long as short
Hyperliquid TIA+0.0100%1h0.4454+0.072%$4.8M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4448−0.061%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4448−0.050%$14.1M$48.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4447−0.076%$10.2M$14.0M50xas long as short
Gate TIA_USDT+0.0100%4h0.4450−0.008%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4448−0.053%$12.4M$14.1M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4448−0.053%$4.3M$10.0M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4444−0.143%$4.4M$4.1M75xas long as short
BingX TIA-USDC+0.0100%4h0.4451+0.014%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4454+0.084%$103K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4435−0.347%$136K$78Kas long as short
HTX TIA-USDT+0.0100%4h0.4455+0.104%$60K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4448−0.049%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4455+0.113%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4445−0.116%$6K15xas long as short
dYdX TIA-USDlong+0.0242%1h0.4450long leg$53K$13910x
BloFin TIA-USDT+0.0340%4h0.4436−0.323%$1.7M$716K75xas long as short
Coinbase International TIA-PERP-INTX+0.0432%1h0.4459+0.194%$52K$104K50xas long as short