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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0103%/8h= −11.2% APRpaid last 24h −0.076%
Price spread now: Kraken Futures against HTX−0.032%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+0.233%+$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.032% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.233%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TIA-USDT0.43990.0100pay 0.0050% / 4h2h 16m$59K$75K50x
ShortKraken Futures PF_TIAUSD0.4398−0.0003pay 0.0000% / 1h16m 05s$359K$213K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$21.54
Price spread: −0.032% → 0.000%
−$3.2
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$46.74
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Kraken Futures: live order book, 52 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 Kraken Futures live order book, 52 min ago12.48 bp22.0 bp −$2275.5 bp −$755doesn'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 26 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
ApeX Omni TIAUSDT−0.0070%1h0.43990.000%$50K$232K50xas long as short
OKX TIA-USDT-SWAP−0.0059%4h0.4398−0.023%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSDshort−0.0003%1h0.4398−0.032%$359K$213K50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4397−0.045%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4398−0.023%$1K150xas long as short
KuCoin TIAUSDTM+0.0010%4h0.4393−0.136%$4.2M$8.9M50xas long as short
Lighter TIA+0.0096%1h0.4404+0.107%$156K$408K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4395−0.091%$5K$318K10xas long as short
Hyperliquid TIA+0.0100%1h0.4406+0.170%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4398−0.020%$32K$245K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4399+0.001%$14.4M$42.6M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4396−0.068%$9.5M$13.1M50xas long as short
Gate TIA_USDT+0.0100%4h0.43990.000%$990K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4400+0.023%$12.4M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4398−0.023%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4398−0.023%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4400+0.034%$102K$159K10xas long as short
Variational Omni TIA+0.0100%4h0.4392−0.155%$103K$84Kas long as short
HTX TIA-USDTlong+0.0100%4h0.4399long leg$59K$75K50x
Extended TIA-USD+0.0104%1h0.4392−0.148%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4395−0.083%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4395−0.096%$6K15xas long as short
dYdX TIA-USD+0.0206%1h0.4397−0.041%$52K$19910xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4411+0.273%$27K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4404+0.114%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0464% / S −0.3505%1h0.4398−0.019%$36K100xas long as short