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+0.3587%/8h= +392.8% APRnext payment +$4.48 per $10,000 · paid last 24h +0.513%
Price spread now: GMX against ApeX Omni+0.067%68s7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$108 a day on $10k at the current rate, and GMX is 0.067% dearer against ApeX Omni than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TIAUSDT0.4402−0.0082get 0.0010% / 1h18m 16s$50K$232K50x
ShortGMX TIA/USD [ETH-USDC]0.4405L +0.0464% / S −0.3505%get 0.0438% / 1h18m 16s$36K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$753.31
Price spread: +0.067% → 0.000%
$6.75
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$738.06
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: ApeX Omni: live order book, 48 min ago; GMX: 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 ApeX Omni live order book, 48 min ago7.97 bp17.5 bp −$17137.3 bp −$1,373doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 TIAUSDTlong−0.0082%1h0.4402long leg$50K$232K50x
OKX TIA-USDT-SWAP−0.0059%4h0.4396−0.136%$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%1h0.4405+0.065%$1K150xas long as short
KuCoin TIAUSDTM+0.0010%4h0.4401−0.023%$4.2M$8.9M50xas long as short
Lighter TIA+0.0096%1h0.4411+0.204%$156K$408K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.44020.000%$5K$318K10xas long as short
Hyperliquid TIA+0.0100%1h0.4404+0.043%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4404+0.045%$32K$245K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4403+0.029%$14.4M$42.6M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4396−0.136%$9.5M$13.1M50xas long as short
Gate TIA_USDT+0.0100%4h0.4400−0.045%$989K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4400−0.045%$12.4M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4398−0.091%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4397−0.114%$99.0Mas 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%1h0.4401−0.015%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4404+0.044%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4400−0.040%$6K15xas long as short
dYdX TIA-USD+0.0205%1h0.4405+0.073%$52K$19910xas long as short
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]shortL +0.0464% / S −0.3505%1h0.4405+0.067%$36K100x