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+0.0176%/8h= +19.3% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against Gate+0.137%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days−0.172%−$17 · spread now +0.137%, 7d avg +0.053%
Together, before fees−0.103%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.084% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TIA_USDT0.4372−0.0076get 0.0038% / 4h3h 57m$981K$1.8M75x
ShortHyperliquid TIA0.43780.0100get 0.0013% / 1h57m 43s$4.5M$1.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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
$36.96
Price spread: +0.137% → +0.053%
$8.45
Slippage, 4 orders
−$60.43
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$39.02
Costs to cover
0.844%
Break-even
14.4 days
Slippage from Gate: live order book, 5 min ago; Hyperliquid: live order book, 4 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 Gate live order book, 5 min ago5.71 bp23.1 bp −$2365.1 bp −$651doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago1.59 bp17.8 bp −$18doesn't fitdoesn't fitdoesn'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
Bybit TIAUSDT−0.0550%4h0.4367−0.114%$9.6M$13.2M50xas long as short
OKX TIA-USDT-SWAP−0.0212%4h0.4368−0.091%$2.8M$6.0M50xas long as short
Deribit TIA_USDC-PERPETUAL−0.0207%1h0.4373+0.023%$30K$27K25xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4376+0.082%$360K$247K50xas long as short
Gate TIA_USDTlong−0.0076%4h0.4372long leg$981K$1.8M75x
KuCoin TIAUSDTM−0.0054%4h0.4368−0.091%$4.2M$8.8M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4374+0.051%$1K150xas long as short
Backpack TIA_USDC_PERP+0.0048%1h0.4373+0.023%$104K$154K10xas long as short
ApeX Omni TIAUSDT+0.0072%1h0.4384+0.274%$49K$234K50xas long as short
Lighter TIA+0.0096%1h0.4377+0.114%$139K$359K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0098%4h0.4373+0.023%$5K$364K10xas long as short
Hyperliquid TIAshort+0.0100%1h0.4378+0.137%$4.5M$1.6M5x
Aster TIAUSDT+0.0100%4h0.4369−0.067%$34K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4370−0.046%$14.6M$42.2M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4371−0.023%$13.3M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4370−0.046%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4370−0.046%$99.1Mas long as short
Variational Omni TIA+0.0100%4h0.4383+0.250%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4373+0.023%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4368−0.099%$56K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4375+0.079%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4381+0.206%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4370−0.035%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.389%$51K$77K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4379+0.160%$1.2M$578K75xas long as short
dYdX TIA-USD+0.0407%1h0.4375+0.069%$52K$5910xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4375+0.070%$36K100xas long as short