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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0072%/8h= −7.8% APRnext payment $0.36 per $10,000 · paid last 24h +0.005%
Price spread now: OKX against KuCoin+0.044%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$850.846% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days−0.068%−$7 · spread now +0.044%, 7d avg −0.033%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.078% dearer against KuCoin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.033%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.039% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TIAUSDTM0.45030.0100pay 0.0050% / 4h3h 20m$4.3M$10.1M50x
ShortOKX TIA-USDT-SWAP0.45050.0028get 0.0014% / 4h3h 20m$2.8M$7.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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
−$15.04
Price spread: +0.044% → −0.033%
$7.75
Slippage, 4 orders
−$62.56
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$91.85
Costs to cover
0.846%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; OKX: live order book, 2 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 KuCoin live order book, 8 min ago3.36 bp26.9 bp −$2768.9 bp −$689doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.11 bp13.9 bp −$1454.0 bp −$540doesn'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
GMX TIA/USD [ETH-USDC]L −0.3098% / S +0.0151%1h0.4513+0.231%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0111%1h0.4512+0.190%$355K$212K50xas long as short
ApeX Omni TIAUSDT−0.0013%1h0.4504+0.022%$52K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4515+0.266%$31K$23K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4516+0.291%$1K150xas long as short
OKX TIA-USDT-SWAPshort+0.0028%4h0.4505+0.044%$2.8M$7.0M50x
Injective TIA/USDC PERP+0.0048%1h0.4504+0.022%$83K$135K12xas long as short
Lighter TIA+0.0096%1h0.4511+0.178%$195K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4513+0.222%$7K$215K10xas long as short
Hyperliquid TIA+0.0100%1h0.4510+0.147%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4509+0.132%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4508+0.111%$14.6M$49.5M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4507+0.089%$10.2M$14.6M50xas long as short
Gate TIA_USDT+0.0100%4h0.4508+0.111%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4507+0.089%$11.4M$14.5M300xas long as short
KuCoin TIAUSDTMlong+0.0100%4h0.4503long leg$4.3M$10.1M50x
Bitget TIAUSDT+0.0100%4h0.45030.000%$4.5M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4505+0.044%$14.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4515+0.264%$104K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4509+0.130%$138K$77Kas long as short
HTX TIA-USDT+0.0100%4h0.4507+0.089%$60K$76K50xas long as short
Extended TIA-USD+0.0104%1h0.4503+0.009%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4513+0.233%$7K3xas long as short
dYdX TIA-USD+0.0121%1h0.4512+0.200%$54K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4510+0.165%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4515+0.266%$1.8M$777K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4515+0.266%$54K$103K50xas long as short