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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against Aster−0.063%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$850.854% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.063%, 7d avg +0.054%
Together, before fees+0.114%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.117% cheaper against Aster than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TIAUSDT0.44230.0100pay 0.0050% / 4h3h 59m$33K$245K10x
ShortHyperliquid TIA0.44210.0100get 0.0013% / 1h59m 04s$4.7M$1.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
$0
Price spread: −0.063% → +0.054%
−$11.72
Slippage, 4 orders
−$68.37
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$97.09
Costs to cover
0.854%
Break-even
never at this rate
Slippage from Aster: live order book, 58 min ago; Hyperliquid: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 58 min ago9.07 bp21.6 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago0.79 bp9.5 bp −$10doesn't fitdoesn't fitdoesn't fit

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
ApeX Omni TIAUSDT−0.0065%1h0.4424+0.014%$50K$230K50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4421−0.059%$1K150xas long as short
Lighter TIA+0.0096%1h0.4424+0.016%$156K$416K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4419−0.099%$5K$244K10xas long as short
Variational Omni TIA+0.0100%4h0.4427+0.075%$103K$66Kas long as short
Hyperliquid TIAshort+0.0100%1h0.4421−0.063%$4.7M$1.5M5x
Aster TIAUSDTlong+0.0100%4h0.4423long leg$33K$245K10x
Binance TIAUSDT+0.0100%4h0.4417−0.145%$14.5M$43.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4412−0.258%$9.8M$13.6M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4410−0.303%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4419−0.099%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4416−0.167%$11.9M$6.3M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4415−0.190%$4.2M$9.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4411−0.280%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4414−0.212%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4415−0.187%$103K$168K10xas long as short
HTX TIA-USDT+0.0100%4h0.4426+0.059%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4413−0.246%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4419−0.103%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4417−0.137%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4424+0.014%$26K$10K12xas long as short
Kraken Futures PF_TIAUSD+0.0327%1h0.4421−0.045%$361K$193K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4424+0.014%$1.6M$737K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4449+0.579%$52K$77K50xas long as short
Deribit TIA_USDC-PERPETUAL+0.0429%1h0.4423−0.009%$31K$25K25xas long as short
dYdX TIA-USD+0.0453%1h0.4426+0.063%$53K$13910xas long as short
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4421−0.063%$40K100xas long as short