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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0253%/8h= −27.7% APRpaid last 24h −0.075%
Price spread now: Kraken Futures against Aster−0.063%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$980.977% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.274%+$27 on $10k
Price spread, last 3 days (all we have)+0.269%+$27 · spread now −0.063%, 7d avg +0.026%
Together, before fees+0.543%+ Points / potential airdropAster: Stage 5 · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Kraken Futures is 0.088% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.026%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.274%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TIAUSDT0.43790.0100pay 0.0050% / 4h3h 03m$34K$240K10x
ShortKraken Futures PF_TIAUSD0.4377−0.0153pay 0.0019% / 1h3m 15s$360K$225K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$53.08
Price spread: −0.063% → +0.026%
−$8.84
Slippage, 4 orders
−$79.71
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$159.63
Costs to cover
0.977%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Kraken Futures: live order book, 4 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, 3 min ago6.83 bp18.2 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago12.48 bp22.0 bp −$2275.5 bp −$755doesn'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
Kraken Futures PF_TIAUSDshort−0.0153%1h0.4377−0.063%$360K$225K50x
OKX TIA-USDT-SWAP−0.0138%4h0.4367−0.280%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0030%4h0.4371−0.188%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4375−0.097%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4375−0.096%$1K150xas long as short
Bybit TIAUSDT+0.0067%4h0.4367−0.280%$9.6M$12.9M50xas long as short
Lighter TIA+0.0096%1h0.4378−0.035%$139K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4374−0.120%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4381+0.044%$4.5M$1.5M5xas long as short
Aster TIAUSDTlong+0.0100%4h0.4379long leg$34K$240K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4369−0.231%$14.6M$41.3M75xas long as short
Gate TIA_USDT+0.0100%4h0.4375−0.097%$983K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4373−0.143%$12.8M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4370−0.211%$4.5M$3.2M75xas long as short
BingX TIA-USDT+0.0100%4h0.4369−0.234%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4371−0.188%$103K$155K10xas long as short
Variational Omni TIA+0.0100%4h0.4386+0.147%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4390+0.245%$49K$232K50xas long as short
HTX TIA-USDT+0.0100%4h0.4376−0.074%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4372−0.154%$54K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4374−0.109%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4403+0.542%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4372−0.170%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4378−0.029%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4377−0.051%$1.3M$600K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4376−0.081%$36K100xas long as short
dYdX TIA-USD+0.0826%1h0.4376−0.069%$52K$19910xas long as short