Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against MEXC−0.023%7-day average −0.013% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.023%, 7d avg −0.013%

Together, before fees+0.145%+$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TIA_USDT	0.4387	0.0100	pay 0.0050% / 4h	3h 17m	$11.3M	$6.5M	300x
Short	Orderly PERP_TIA_USDC	0.4386	0.0100	get 0.0050% / 4h	3h 17m	$6K	$249K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.023%Rate

Funding earned: −$0.05
Price spread: −0.023% → −0.013%: −$0.94
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$6.99
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 5 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 5 min ago	1.14 bp	3.2 bp −$3	15.7 bp −$157	81.5 bp −$8,150	141.2 bp −$70.6K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni TIAUSDT	−0.0067%	1h	0.4383	−0.091%	$50K	$230K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4388	+0.023%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4387	−0.002%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4396	+0.201%	$155K	$420K	10x	as long as short
Orderly PERP_TIA_USDCshort	+0.0100%	4h	0.4386	−0.023%	$6K	$249K	10x
Hyperliquid TIA	+0.0100%	1h	0.4395	+0.194%	$4.7M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4389	+0.049%	$33K	$242K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4390	+0.079%	$13.9M	$43.7M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4389	+0.046%	$9.8M	$13.6M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4387	0.000%	$2.8M	$6.3M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4388	+0.023%	$996K	$1.8M	75x	as long as short
MEXC TIA_USDTlong	+0.0100%	4h	0.4387	long leg	$11.3M	$6.5M	300x
KuCoin TIAUSDTM	+0.0100%	4h	0.4387	0.000%	$4.2M	$9.3M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4392	+0.114%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4387	0.000%	—	$103.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4388	+0.032%	$101K	$167K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4378	−0.211%	$102K	$51K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4380	−0.160%	$58K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4385	−0.039%	$55K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4386	−0.023%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4382	−0.117%	$6K	—	15x	as long as short
Injective TIA/USDC PERP	+0.0271%	1h	0.4374	−0.296%	$25K	$11K	12x	as long as short
Kraken Futures PF_TIAUSD	+0.0330%	1h	0.4386	−0.033%	$358K	$193K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4381	−0.137%	$1.7M	$719K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4397	+0.228%	$49K	$78K	50x	as long as short
dYdX TIA-USD	+0.0453%	1h	0.4392	+0.119%	$52K	$139	10x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0493% / S −0.1196%	1h	0.4388	+0.015%	$40K	—	100x	as long as short