Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.009%

Price spread now: Coinbase International against MEXC+0.292%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$840.841% of the position

Long on MEXC Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.539%−$54 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.292% dearer against MEXC than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.539%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TIA_USDT	0.4446	0.0100	pay 0.0050% / 4h	3m 03s	$12.3M	$14.2M	300x
Short	Coinbase International TIA-PERP-INTX	0.4459	0.0432	get 0.0054% / 1h	3m 03s	$52K	$104K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.292%Rate

Funding earned: $69.72
Price spread: +0.292% → 0.000%: $29.24
Slippage, 4 orders: −$74.06
Fee MEXC: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $14.9
Costs to cover: 0.841%
Break-even: 5.5 days

Slippage from MEXC: live order book, just now; Coinbase International: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, just now	1.13 bp	2.7 bp −$3	12.9 bp −$129	73.6 bp −$7,356	137.1 bp −$68.5K
Sell Coinbase International live order book, 25 min ago	19.18 bp	36.4 bp −$36	doesn't fit	doesn't fit	doesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX TIA/USD [ETH-USDC]	L −0.1405% / S +0.0094%	1h	0.4447	+0.019%	$5K	—	100x	as long as short
ApeX Omni TIAUSDT	−0.0093%	1h	0.4442	−0.090%	$51K	$225K	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0007%	1h	0.4447	+0.027%	$349K	$210K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4447	+0.022%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4446	+0.002%	$1K	—	150x	as long as short
Injective TIA/USDC PERP	+0.0014%	1h	0.4447	+0.022%	$24K	$12K	12x	as long as short
OKX TIA-USDT-SWAP	+0.0029%	4h	0.4442	−0.090%	$2.8M	$6.8M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4450	+0.090%	$156K	$428K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4446	0.000%	$7K	$227K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4453	+0.153%	$4.8M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4446	+0.005%	$33K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4449	+0.067%	$14.1M	$48.3M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4446	0.000%	$10.2M	$14.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4448	+0.045%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDTlong	+0.0100%	4h	0.4446	long leg	$12.3M	$14.2M	300x
KuCoin TIAUSDTM	+0.0100%	4h	0.4446	0.000%	$4.3M	$10.0M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4443	−0.067%	$4.4M	$4.1M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4446	0.000%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4448	+0.038%	$103K	$174K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4446	+0.009%	$136K	$78K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4445	−0.022%	$60K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4443	−0.058%	$57K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4446	0.000%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4443	−0.057%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0234%	1h	0.4449	+0.070%	$53K	$139	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4444	−0.045%	$1.7M	$717K	75x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0432%	1h	0.4459	+0.292%	$52K	$104K	50x