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−0.0461%/8h= −50.5% APRnext payment $0.58 per $10,000 · paid last 24h −0.083%
Price spread now: Deribit against GMX−0.016%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TIA/USD [ETH-USDC]0.4376L +0.0461% / S −0.3505%pay 0.0058% / 1h2m 29s$36K100x
ShortDeribit TIA_USDC-PERPETUAL0.43750get 0.0000% / 1h2m 29s$30K$27K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against GMX. 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
−$96.85
Price spread: −0.016% → 0.000%
−$1.58
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$117.43
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: no order-book sample. 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 GMX no order-book sample
Sell Deribit no order-book sample
GMX and Deribit: 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
Kraken Futures PF_TIAUSD−0.0153%1h0.4377+0.019%$360K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0138%4h0.4362−0.313%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0030%4h0.4370−0.130%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUALshort0.0000%1h0.4375−0.016%$30K$27K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4375−0.015%$1K150xas long as short
Bybit TIAUSDT+0.0069%4h0.4363−0.290%$9.5M$12.9M50xas long as short
Lighter TIA+0.0096%1h0.4379+0.064%$139K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4374−0.039%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4370−0.139%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4375−0.010%$34K$240K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4367−0.199%$14.6M$41.3M75xas long as short
Gate TIA_USDT+0.0100%4h0.4368−0.176%$982K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4370−0.130%$12.8M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4367−0.199%$4.5M$3.2M75xas long as short
BingX TIA-USDC+0.0100%4h0.4364−0.267%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4371−0.107%$103K$155K10xas long as short
Variational Omni TIA+0.0100%4h0.4386+0.229%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4390+0.327%$49K$232K50xas long as short
HTX TIA-USDT+0.0100%4h0.4376+0.007%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4362−0.312%$54K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4374−0.028%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4403+0.624%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4362−0.305%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4378+0.053%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4377+0.030%$1.3M$600K75xas long as short
GMX TIA/USD [ETH-USDC]longL +0.0461% / S −0.3505%1h0.4376long leg$36K100x
dYdX TIA-USD+0.0818%1h0.4373−0.056%$52K$19910xas long as short