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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0079%/8h= −8.6% APRpaid last 24h −0.029%
Price spread now: Bybit against Reya+0.011%7-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 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya TIARUSDPERP0.43670.0179pay 0.0022% / 1h43m 32s$6K15x
ShortBybit TIAUSDT0.43670.0100get 0.0050% / 4h43m 32s$9.6M$13.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$16.58
Price spread: +0.011% → 0.000%
$1.11
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$32.47
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago1.14 bp11.8 bp −$1230.1 bp −$301174.6 bp −$17.5Kdoesn'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−0.0163%1h0.4374+0.166%$359K$245K50xas long as short
OKX TIA-USDT-SWAP−0.0146%4h0.4366−0.012%$2.8M$6.0M50xas long as short
KuCoin TIAUSDTM−0.0018%4h0.4371+0.103%$4.2M$8.6M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4375+0.194%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4377+0.246%$1K150xas long as short
ApeX Omni TIAUSDT+0.0036%1h0.4370+0.080%$49K$234K50xas long as short
Gate TIA_USDT+0.0058%4h0.4373+0.148%$990K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.4376+0.229%$140K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4374+0.171%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4378+0.258%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4373+0.142%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4368+0.041%$14.5M$42.4M75xas long as short
Bybit TIAUSDTshort+0.0100%4h0.4367+0.011%$9.6M$13.2M50x
MEXC TIA_USDT+0.0100%4h0.4368+0.034%$13.6M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4372+0.126%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4369+0.057%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4375+0.201%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4373+0.147%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4375+0.194%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4367+0.005%$56K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4374+0.172%$7K3xas long as short
Reya TIARUSDPERPlong+0.0179%1h0.4367long leg$6K15x
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.515%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4380+0.309%$27K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4373+0.148%$1.1M$569K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4376+0.216%$36K100xas long as short
dYdX TIA-USD+0.0593%1h0.4372+0.135%$52K$5910xas long as short