Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0111%/8h= +12.1% APRpaid last 24h +0.031%

Price spread now: MEXC against ApeX Omni+0.115%51s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.357% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 3 days (all we have)−0.221%−$22 · spread now +0.115%, 7d avg +0.004%

Together, before fees−0.241%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.111% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TIAUSDT	0.4366	−0.0011	get 0.0001% / 1h	38m 33s	$49K	$235K	50x
Short	MEXC TIA_USDT	0.4371	0.0100	get 0.0050% / 4h	38m 33s	$13.5M	$6.8M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.115%Rate

Funding earned: $23.22
Price spread: +0.115% → +0.004%: $11.08
Slippage, 4 orders: −$25.72
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$1.43
Costs to cover: 0.357%
Break-even: 7.4 days

Slippage from ApeX Omni: live order book, 38 min ago; MEXC: 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, 38 min ago	5.77 bp	14.1 bp −$14	103.4 bp −$1,034	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.14 bp	1.7 bp −$2	8.7 bp −$87	48.4 bp −$4,837	132.0 bp −$66.0K

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
Kraken Futures PF_TIAUSD	−0.0163%	1h	0.4368	+0.040%	$358K	$245K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0156%	4h	0.4366	0.000%	$2.8M	$6.0M	50x	as long as short
KuCoin TIAUSDTM	−0.0020%	4h	0.4370	+0.092%	$4.2M	$8.7M	50x	as long as short
ApeX Omni TIAUSDTlong	−0.0011%	1h	0.4366	long leg	$49K	$235K	50x
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4368	+0.046%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4368	+0.040%	$1K	—	150x	as long as short
Gate TIA_USDT	+0.0074%	4h	0.4370	+0.092%	$989K	$1.8M	75x	as long as short
Lighter TIA	+0.0096%	1h	0.4377	+0.252%	$139K	$362K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4365	−0.023%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4375	+0.204%	$4.3M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4373	+0.151%	$35K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4370	+0.095%	$14.5M	$42.3M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4368	+0.046%	$9.6M	$13.2M	50x	as long as short
MEXC TIA_USDTshort	+0.0100%	4h	0.4371	+0.115%	$13.5M	$6.8M	300x
Bitget TIAUSDT	+0.0100%	4h	0.4370	+0.092%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4369	+0.069%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4368	+0.034%	$101K	$151K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4364	−0.047%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4381	+0.344%	$65K	$43K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4367	+0.017%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4367	+0.023%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4368	+0.052%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0208%	1h	0.4389	+0.527%	$51K	$77K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4368	+0.046%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4368	+0.046%	$1.1M	$568K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0459% / S −0.3505%	1h	0.4368	+0.039%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0635%	1h	0.4372	+0.148%	$52K	$59	10x	as long as short