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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.023%
Price spread now: Backpack against HTX−0.073%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 7 days−0.094%−$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.073% cheaper against HTX than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TIA-USDT0.43620.0100pay 0.0050% / 4h2h 12m$58K$73K50x
ShortBackpack TIA_USDC_PERP0.43590.0100get 0.0013% / 1h12m 54s$101K$175K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against HTX. 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
$0
Price spread: −0.073% → 0.000%
−$7.34
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$29.34
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Backpack: live order book, 35 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 HTX no order-book sample
Sell Backpack live order book, 35 min ago1.37 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
HTX: 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%1h0.4358−0.092%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4359−0.058%$1K150xas long as short
ApeX Omni TIAUSDT+0.0063%1h0.4349−0.298%$50K$227K50xas long as short
Lighter TIA+0.0096%1h0.4362+0.009%$150K$429K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4358−0.092%$6K$267K10xas long as short
Hyperliquid TIA+0.0100%1h0.4364+0.034%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4354−0.189%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4354−0.173%$13.6M$44.5M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4355−0.160%$9.7M$13.9M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4353−0.206%$2.7M$6.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4358−0.092%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4358−0.092%$10.0M$7.0M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4359−0.069%$4.2M$9.6M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4357−0.115%$4.4M$3.7M75xas long as short
BingX TIA-USDT+0.0100%4h0.4351−0.252%$103.1Mas long as short
Backpack TIA_USDC_PERPshort+0.0100%1h0.4359−0.073%$101K$175K10x
Variational Omni TIA+0.0100%4h0.4346−0.372%$101K$51Kas long as short
HTX TIA-USDTlong+0.0100%4h0.4362long leg$58K$73K50x
Extended TIA-USD+0.0104%1h0.4355−0.160%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4356−0.138%$7K3xas long as short
GMX TIA/USD [ETH-USDC]L +0.0174% / S +0.0051%1h0.4359−0.076%$6K100xas long as short
Reya TIARUSDPERP+0.0181%1h0.4357−0.118%$6K15xas long as short
Kraken Futures PF_TIAUSD+0.0192%1h0.4359−0.066%$346K$205K50xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4369+0.160%$25K$11K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4355−0.160%$1.6M$702K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4363+0.023%$47K$84K50xas long as short
dYdX TIA-USD+0.0438%1h0.4361−0.017%$52K$13910xas long as short