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+0.0414%/8h= +45.3% APRnext payment +$0.52 per $10,000 · paid last 24h +0.043%
Price spread now: Coinbase International against gTrade (Gains Network)+0.427%52s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.427% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) TIA/USD0.4481L +0.0002% / S 0.0000%pay 0.0000% / 1h37m 23s$1K150x
ShortCoinbase International TIA-PERP-INTX0.45000.0416get 0.0052% / 1h37m 23s$53K$107K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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
$86.85
Price spread: +0.427% → 0.000%
$42.67
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$109.52
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 51 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 gTrade (Gains Network) no order-book sample
Sell Coinbase International live order book, 51 min ago19.18 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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 −0.2416% / S +0.0128%1h0.4487+0.143%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4485+0.101%$354K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4486+0.114%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDlongL +0.0002% / S 0.0000%1h0.4481long leg$1K150x
OKX TIA-USDT-SWAP+0.0030%4h0.4483+0.047%$2.8M$7.0M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4487+0.137%$24K$12K12xas long as short
ApeX Omni TIAUSDT+0.0073%1h0.4478−0.064%$51K$224K50xas long as short
dYdX TIA-USD+0.0076%1h0.4486+0.120%$53K$13910xas long as short
Lighter TIA+0.0096%1h0.4493+0.277%$194K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4483+0.047%$7K$221K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4492+0.259%$4.9M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4481+0.006%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4481−0.002%$14.4M$49.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4486+0.114%$10.2M$14.5M50xas long as short
Gate TIA_USDT+0.0100%4h0.4488+0.159%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4483+0.047%$11.8M$14.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4485+0.092%$4.3M$10.1M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4479−0.042%$4.5M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4479−0.042%$13.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4490+0.204%$104K$175K10xas long as short
Variational Omni TIA+0.0100%4h0.4475−0.137%$137K$79Kas long as short
HTX TIA-USDT+0.0100%4h0.4470−0.243%$60K$76K50xas long as short
Extended TIA-USD+0.0104%1h0.4483+0.054%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4484+0.068%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4481+0.011%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4481+0.003%$1.7M$784K75xas long as short
Coinbase International TIA-PERP-INTXshort+0.0416%1h0.4500+0.427%$53K$107K50x