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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.036%
Price spread now: Gate against Hyperliquid−0.137%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days+0.172%+$17 · spread now −0.137%, 7d avg −0.053%
Together, before fees+0.102%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.084% cheaper against Hyperliquid than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.43850.0100pay 0.0013% / 1h58m 45s$4.5M$1.6M5x
ShortGate TIA_USDT0.43790.0100get 0.0050% / 4h3h 58m$983K$1.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.137% → −0.053%
−$8.41
Slippage, 4 orders
−$60.43
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$92.83
Costs to cover
0.844%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Gate: live order book, 4 min ago.

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, 3 min ago1.59 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago5.71 bp25.9 bp −$2664.4 bp −$644doesn't fitdoesn't fit

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
OKX TIA-USDT-SWAP−0.0214%4h0.4374−0.251%$2.8M$6.1M50xas long as short
Deribit TIA_USDC-PERPETUAL−0.0206%1h0.4380−0.114%$30K$27K25xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4382−0.061%$360K$246K50xas long as short
KuCoin TIAUSDTM−0.0046%4h0.4375−0.228%$4.2M$8.8M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4382−0.074%$1K150xas long as short
ApeX Omni TIAUSDT+0.0072%1h0.4384−0.023%$49K$234K50xas long as short
Backpack TIA_USDC_PERP+0.0086%1h0.4378−0.151%$101K$153K10xas long as short
Lighter TIA+0.0096%1h0.4377−0.180%$139K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4380−0.114%$5K$364K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4385long leg$4.5M$1.6M5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4378−0.170%$34K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4377−0.182%$14.6M$42.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4374−0.251%$9.6M$13.2M50xas long as short
Gate TIA_USDTshort+0.0100%4h0.4379−0.137%$983K$1.8M75x
MEXC TIA_USDT+0.0100%4h0.4377−0.182%$13.3M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4376−0.205%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4376−0.205%$99.1Mas long as short
Variational Omni TIA+0.0100%4h0.4383−0.048%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4382−0.068%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4375−0.230%$56K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4381−0.080%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4381−0.091%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4376−0.195%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.091%$51K$77K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4379−0.137%$1.2M$578K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4382−0.076%$36K100xas long as short
dYdX TIA-USD+0.0694%1h0.4385+0.008%$52K$5910xas long as short