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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.3658%/8h= +400.6% APRnext payment +$4.57 per $10,000 · paid last 24h +0.514%
Price spread now: GMX against Kraken Futures+0.008%54s7-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: +$110 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TIAUSD0.4375−0.0153get 0.0019% / 1h47m 23s$360K$247K50x
ShortGMX TIA/USD [ETH-USDC]0.4375L +0.0460% / S −0.3505%get 0.0438% / 1h47m 23s$36K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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
$768.24
Price spread: +0.008% → 0.000%
$0.82
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$747.06
Costs to cover
0.220%
Break-even
0.2 days
Slippage unknown: Kraken Futures: live order book, 25 min ago; GMX: 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 Kraken Futures live order book, 25 min ago13.76 bp21.4 bp −$2155.7 bp −$557doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
OKX TIA-USDT-SWAP−0.0190%4h0.4370−0.118%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSDlong−0.0153%1h0.4375long leg$360K$247K50x
Bybit TIAUSDT−0.0127%4h0.4371−0.095%$9.6M$13.1M50xas long as short
KuCoin TIAUSDTM−0.0048%4h0.4372−0.072%$4.2M$8.8M50xas long as short
ApeX Omni TIAUSDT−0.0030%1h0.4368−0.163%$49K$235K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4373−0.049%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4376+0.021%$1K150xas long as short
Lighter TIA+0.0096%1h0.4379+0.084%$139K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4373−0.049%$5K$364K10xas long as short
Hyperliquid TIA+0.0100%1h0.4379+0.077%$4.5M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4374−0.017%$34K$262K10xas long as short
Binance TIAUSDT+0.0100%4h0.4374−0.026%$14.5M$41.7M75xas long as short
Gate TIA_USDT+0.0100%4h0.4377+0.042%$982K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4374−0.026%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4375−0.003%$4.5M$3.4M75xas long as short
BingX TIA-USDC+0.0100%4h0.4373−0.049%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4375+0.006%$104K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4365−0.236%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4378+0.065%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4371−0.092%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4373−0.049%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4373−0.049%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4370−0.108%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.317%$51K$77K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4370−0.118%$1.2M$577K75xas long as short
GMX TIA/USD [ETH-USDC]shortL +0.0460% / S −0.3505%1h0.4375+0.008%$36K100x
dYdX TIA-USD+0.0787%1h0.4376+0.026%$52K$5910xas long as short