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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0313%/8h= −34.3% APRnext payment $0.39 per $10,000 · paid last 24h −0.060%
Price spread now: Deribit against Hyperliquid+0.019%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds 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: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.43160.0100pay 0.0013% / 1h12m 30s$4.2M$1.5M5x
ShortDeribit TIA_USDC-PERPETUAL0.4317−0.0213pay 0.0027% / 1h12m 30s$30K$27K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Hyperliquid. 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
−$65.74
Price spread: +0.019% → 0.000%
$1.85
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$79.89
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; 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 Hyperliquid live order book, 9 min ago0.92 bp18.4 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
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−0.0389%1h0.4319+0.067%$355K$239K50xas long as short
Deribit TIA_USDC-PERPETUALshort−0.0213%1h0.4317+0.019%$30K$27K25x
Gate TIA_USDT−0.0068%4h0.4309−0.167%$994K$1.8M75xas long as short
Bybit TIAUSDT−0.0056%4h0.4309−0.167%$9.4M$13.0M50xas long as short
OKX TIA-USDT-SWAP−0.0035%4h0.4309−0.167%$2.7M$5.8M50xas long as short
KuCoin TIAUSDTM−0.0034%4h0.4308−0.190%$4.1M$8.6M50xas long as short
ApeX Omni TIAUSDT−0.0016%1h0.4328+0.273%$49K$236K50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4319+0.055%$1K150xas long as short
Variational Omni TIA+0.0057%4h0.4324+0.188%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4315−0.035%$127K$353K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0098%4h0.4316−0.005%$5K$360K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4316long leg$4.2M$1.5M5x
Aster TIAUSDT+0.0100%4h0.4316−0.005%$34K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4309−0.167%$14.1M$41.0M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4310−0.144%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4309−0.167%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4310−0.144%$101.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4313−0.070%$100K$151K10xas long as short
HTX TIA-USDT+0.0100%4h0.4313−0.074%$63K$38K50xas long as short
Extended TIA-USD+0.0104%1h0.4309−0.175%$58K$165K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4315−0.024%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4314−0.054%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4345+0.667%$48K$72K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4331+0.343%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4324+0.181%$525K$542K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0456% / S −0.3505%1h0.4318+0.035%$35K100xas long as short
dYdX TIA-USD+0.0814%1h0.4316−0.013%$51K$5910xas long as short