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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h −0.025%
Price spread now: Aster against Reya+0.251%56s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.251% dearer against Reya than usual: you sell high and buy low (spread +0.251% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TIARUSDPERP0.43410.0178pay 0.0022% / 1h32m 41s$6K15x
ShortAster TIAUSDT0.43510.0100get 0.0050% / 4h3h 32m$30K$267K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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
−$16.39
Price spread: +0.251% → 0.000%
$25.07
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$5.32
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Aster: live order book, 14 min ago. 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 Reya no order-book sample
Sell Aster live order book, 14 min ago4.64 bp17.2 bp −$17doesn't fitdoesn't fitdoesn't fit
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSD−0.0391%1h0.4343+0.052%$363K$233K50xas long as short
Backpack TIA_USDC_PERP−0.0252%1h0.4353+0.295%$100K$157K10xas long as short
Gate TIA_USDT−0.0146%4h0.4350+0.217%$986K$1.8M75xas long as short
ApeX Omni TIAUSDT−0.0073%1h0.4340−0.013%$49K$235K50xas long as short
KuCoin TIAUSDTM−0.0002%4h0.4350+0.217%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4345+0.102%$36K$22K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4345+0.106%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0057%4h0.4348+0.171%$2.7M$5.8M50xas long as short
Lighter TIA+0.0096%1h0.4357+0.378%$123K$351K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4343+0.056%$5K$357K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4357+0.369%$4.3M$1.5M5xas long as short
Aster TIAUSDTshort+0.0100%4h0.4351+0.251%$30K$267K10x
Binance TIAUSDT+0.0100%4h0.4350+0.217%$14.2M$41.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4348+0.171%$9.5M$12.8M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4352+0.263%$9.3M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4350+0.217%$4.5M$3.6M75xas long as short
BingX TIA-USDC+0.0100%4h0.4349+0.194%$6.5Mas long as short
Variational Omni TIA+0.0100%4h0.4339−0.046%$100K$78Kas long as short
HTX TIA-USDT+0.0100%4h0.4349+0.194%$74K$15K50xas long as short
Extended TIA-USD+0.0104%1h0.4346+0.134%$74K$154K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4343+0.044%$7K3xas long as short
Injective TIA/USDC PERP+0.0144%1h0.4346+0.125%$27K$10K12xas long as short
Reya TIARUSDPERPlong+0.0178%1h0.4341long leg$6K15x
Coinbase International TIA-PERP-INTX+0.0256%1h0.4346+0.125%$49K$71K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4347+0.148%$965K$492K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0394% / S −0.2692%1h0.4345+0.097%$28K100xas long as short
dYdX TIA-USD+0.0548%1h0.4354+0.309%$52K$5910xas long as short