Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.009%

Price spread now: Gate against ApeX Omni−0.463%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$910.914% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.463%, 7d avg −0.018%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.445% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.463% now, against its 7-day average of −0.018%). If the spread goes back, that is −$44 on $10k: about 14 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.100%, 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	ApeX Omni TIAUSDT	0.4319	−0.0004	get 0.0001% / 1h	27m 13s	$49K	$227K	50x
Short	Gate TIA_USDT	0.4299	0.0100	get 0.0050% / 4h	2h 27m	$964K	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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 ApeX OmnibpFee GatebpOrdersPrice spread, now −0.463%Rate

Funding earned: $21.89
Price spread: −0.463% → −0.018%: −$44.46
Slippage, 4 orders: −$66.42
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$113.99
Costs to cover: 0.914%
Break-even: 43.5 days

Slippage from ApeX Omni: live order book, 19 min ago; Gate: live order book, 5 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 ApeX Omni live order book, 19 min ago	8.04 bp	17.5 bp −$17	127.4 bp −$1,274	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	6.95 bp	28.8 bp −$29	80.5 bp −$805	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
ApeX Omni TIAUSDTlong	−0.0004%	1h	0.4319	long leg	$49K	$227K	50x
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4296	−0.533%	$30K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4297	−0.513%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4300	−0.449%	$149K	$428K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4294	−0.579%	$6K	$270K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4305	−0.313%	$4.6M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4294	−0.574%	$33K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4296	−0.533%	$13.4M	$44.2M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4295	−0.556%	$9.6M	$13.8M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4294	−0.579%	$2.7M	$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_USDTshort	+0.0100%	4h	0.4299	−0.463%	$964K	$1.8M	75x
MEXC TIA_USDT	+0.0100%	4h	0.4298	−0.486%	$10.1M	$6.5M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4291	−0.648%	$4.1M	$9.5M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4293	−0.602%	$4.4M	$3.7M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4295	−0.556%	—	$103.1M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4304	−0.340%	$99K	$174K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4306	−0.293%	$100K	$51K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4301	−0.417%	$57K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4292	−0.624%	$54K	$212K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4294	−0.579%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4296	−0.523%	$6K	—	15x	as long as short
Kraken Futures PF_TIAUSD	+0.0195%	1h	0.4299	−0.470%	$341K	$205K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0198% / S +0.0051%	1h	0.4297	−0.507%	$6K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0237%	1h	0.4300	−0.440%	$25K	$11K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4304	−0.347%	$1.6M	$694K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4378	+1.366%	$47K	$84K	50x	as long as short
dYdX TIA-USD	+0.0489%	1h	0.4302	−0.386%	$51K	$139	10x	as long as short