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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0022%/8h= +2.5% APRpaid last 24h −0.079%
Price spread now: Orderly against GMX+0.006%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 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TIA/USD [ETH-USDC]0.4385L +0.0077% / S +0.0054%pay 0.0010% / 1h16m 50s$6K100x
ShortOrderly PERP_TIA_USDC0.43850.0099get 0.0050% / 4h1h 16m$7K$251K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$4.71
Price spread: +0.006% → 0.000%
$0.59
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$12.7
Costs to cover
0.180%
Break-even
25.9 days
Slippage unknown: GMX: no order-book sample; Orderly: 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 Orderly no order-book sample
GMX and Orderly: 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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4385+0.006%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4385+0.004%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0062%4h0.4382−0.062%$2.8M$6.5M50xas long as short
GMX TIA/USD [ETH-USDC]longL +0.0077% / S +0.0054%1h0.4385long leg$6K100x
ApeX Omni TIAUSDT+0.0084%1h0.4381−0.085%$50K$225K50xas long as short
Lighter TIA+0.0096%1h0.4389+0.093%$151K$426K10xas long as short
Orderly PERP_TIA_USDCshort+0.0099%4h0.4385+0.006%$7K$251K10x
Hyperliquid TIA+0.0100%1h0.4390+0.131%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4385+0.009%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4386+0.029%$13.7M$47.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4384−0.017%$9.9M$13.9M50xas long as short
Gate TIA_USDT+0.0100%4h0.4386+0.029%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4386+0.029%$12.9M$14.2M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4383−0.040%$4.2M$9.8M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4383−0.040%$4.4M$3.8M75xas long as short
BingX TIA-USDC+0.0100%4h0.4385+0.006%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4386+0.020%$101K$172K10xas long as short
Variational Omni TIA+0.0100%4h0.4379−0.137%$102K$50Kas long as short
HTX TIA-USDT+0.0100%4h0.4390+0.120%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4383−0.045%$56K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4384−0.023%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0145%1h0.4387+0.048%$348K$204K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4385+0.006%$24K$11K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4383−0.048%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4383−0.040%$1.6M$707K75xas long as short
Coinbase International TIA-PERP-INTX+0.0408%1h0.4397+0.280%$47K$87K50xas long as short
dYdX TIA-USD+0.0462%1h0.4387+0.052%$52K$13910xas long as short