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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.073%
Price spread now: BloFin against Extended+0.511%54s7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.310%+$31 on $10k
Price spread, last 3 days (all we have)−0.371%−$37 · spread now +0.511%, 7d avg +0.105%
Together, before fees−0.061%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.406% dearer against Extended than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.105%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TIA-USD0.43550.0104pay 0.0013% / 1h2m 17s$54K$184K25x
ShortBloFin TIA-USDT0.43770.0340get 0.0170% / 4h3h 02m$1.3M$600K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$49.56
Price spread: +0.511% → +0.105%
$40.6
Slippage, 4 orders
−$25.1
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$48.07
Costs to cover
0.421%
Break-even
0.2 days
Slippage from Extended: live order book, 4 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago3.41 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago2.27 bp14.0 bp −$1417.3 bp −$17362.2 bp −$6,219doesn't fit

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−0.0153%1h0.4361+0.147%$358K$226K50xas long as short
OKX TIA-USDT-SWAP−0.0138%4h0.4356+0.029%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0028%4h0.4363+0.189%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4358+0.075%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4365+0.235%$1K150xas long as short
Bybit TIAUSDT+0.0069%4h0.4360+0.121%$9.5M$12.9M50xas long as short
Lighter TIA+0.0096%1h0.4379+0.545%$139K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4359+0.098%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4370+0.341%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4369+0.328%$34K$240K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4364+0.211%$14.6M$41.3M75xas long as short
Gate TIA_USDT+0.0100%4h0.4363+0.189%$980K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4365+0.235%$12.8M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4358+0.075%$4.5M$3.2M75xas long as short
BingX TIA-USDT+0.0100%4h0.4362+0.167%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4371+0.373%$103K$155K10xas long as short
Variational Omni TIA+0.0100%4h0.4386+0.710%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4390+0.810%$49K$232K50xas long as short
HTX TIA-USDT+0.0100%4h0.4362+0.167%$58K$68K50xas long as short
Extended TIA-USDlong+0.0104%1h0.4355long leg$54K$184K25x
Aevo TIA-PERP+0.0104%1h0.4358+0.063%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4403+1.108%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4362+0.175%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4357+0.052%$51K$75K50xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4377+0.511%$1.3M$600K75x
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4364+0.212%$36K100xas long as short
dYdX TIA-USD+0.0818%1h0.4373+0.425%$52K$19910xas long as short