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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against MEXC+0.092%94s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.305% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.289%+$29 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.092%, 7d avg +0.003%
Together, before fees+0.252%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.089% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TIA_USDT0.43470.0100pay 0.0050% / 4h1h 51m$13.0M$14.1M300x
ShortBloFin TIA-USDT0.43510.0340get 0.0170% / 4h1h 51m$1.7M$702K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$50.4
Price spread: +0.092% → +0.003%
$8.89
Slippage, 4 orders
−$18.49
Fee MEXC: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.8
Costs to cover
0.305%
Break-even
3.0 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 1 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 MEXC live order book, 2 min ago1.15 bp4.1 bp −$49.2 bp −$9258.0 bp −$5,804115.0 bp −$57.5K
Sell BloFin live order book, 1 min ago1.15 bp14.6 bp −$1521.9 bp −$21954.7 bp −$5,468doesn'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
ApeX Omni TIAUSDT−0.0099%1h0.4352+0.115%$50K$227K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4350+0.069%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4350+0.068%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0068%4h0.4345−0.046%$2.7M$6.5M50xas long as short
Lighter TIA+0.0096%1h0.4352+0.110%$150K$424K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4348+0.023%$7K$259K10xas long as short
Hyperliquid TIA+0.0100%1h0.4352+0.113%$4.6M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4349+0.046%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4349+0.052%$13.6M$47.5M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4349+0.046%$9.8M$14.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4348+0.023%$1.0M$1.9M75xas long as short
MEXC TIA_USDTlong+0.0100%4h0.4347long leg$13.0M$14.1M300x
KuCoin TIAUSDTM+0.0100%4h0.4348+0.023%$4.2M$9.7M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4348+0.023%$4.4M$3.9M75xas long as short
BingX TIA-USDT+0.0100%4h0.4345−0.046%$103.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4345−0.035%$100K$172K10xas long as short
Variational Omni TIA+0.0100%4h0.4360+0.305%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4354+0.161%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4345−0.056%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4348+0.014%$7K3xas long as short
GMX TIA/USD [ETH-USDC]L +0.0138% / S +0.0052%1h0.4350+0.078%$6K100xas long as short
Kraken Futures PF_TIAUSD+0.0146%1h0.4347+0.011%$345K$203K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4355+0.184%$24K$11K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4349+0.043%$6K15xas long as short
dYdX TIA-USD+0.0285%1h0.4346−0.020%$52K$13910xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4351+0.092%$1.7M$702K75x
Coinbase International TIA-PERP-INTX+0.0408%1h0.4395+1.104%$47K$87K50xas long as short