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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.203%
Price spread now: dYdX against Orderly−0.040%7-day average · you buy dearer than you sell
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 7 days+0.544%+$54 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. dYdX is 0.040% cheaper against Orderly than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.544% in total) that is about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TIA_USDC0.44020.0099pay 0.0050% / 4h2h 17m$5K$318K10x
ShortdYdX TIA-USD0.44000.0203get 0.0025% / 1h17m 27s$52K$19910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Orderly. 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
$21.89
Price spread: −0.040% → 0.000%
−$3.97
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
$1.91
Costs to cover
0.160%
Break-even
6.4 days
Slippage unknown: Orderly: no order-book sample; dYdX: 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 Orderly no order-book sample
Sell dYdX no order-book sample
Orderly and dYdX: 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 26 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−0.0070%1h0.4399−0.068%$50K$232K50xas long as short
OKX TIA-USDT-SWAP−0.0059%4h0.4391−0.250%$2.8M$6.1M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4407+0.106%$360K$214K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4404+0.045%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4397−0.118%$1K150xas long as short
KuCoin TIAUSDTM+0.0012%4h0.4392−0.227%$4.2M$8.9M50xas long as short
Lighter TIA+0.0096%1h0.4406+0.093%$156K$408K10xas long as short
Orderly PERP_TIA_USDClong+0.0099%4h0.4402long leg$5K$318K10x
Hyperliquid TIA+0.0100%1h0.4400−0.034%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4401−0.029%$32K$245K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4395−0.159%$14.4M$42.6M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4390−0.273%$9.5M$13.1M50xas long as short
Gate TIA_USDT+0.0100%4h0.4398−0.091%$988K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4396−0.136%$12.4M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4397−0.114%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4395−0.159%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4399−0.064%$102K$159K10xas long as short
Variational Omni TIA+0.0100%4h0.4401−0.030%$103K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4405+0.068%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4391−0.242%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4404+0.044%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4390−0.266%$6K15xas long as short
dYdX TIA-USDshort+0.0203%1h0.4400−0.040%$52K$19910x
Injective TIA/USDC PERP+0.0266%1h0.4411+0.204%$27K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4417+0.341%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0464% / S −0.3505%1h0.4405+0.067%$36K100xas long as short