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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance+0.036%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.507% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.289%+$29 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.036%, 7d avg +0.003%
Together, before fees+0.301%+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.032% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TIAUSDT0.44480.0100pay 0.0050% / 4h12m 56s$14.1M$48.2M75x
ShortBloFin TIA-USDT0.44500.0340get 0.0170% / 4h12m 56s$1.7M$718K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$50.4
Price spread: +0.036% → +0.003%
$3.25
Slippage, 4 orders
−$28.66
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.99
Costs to cover
0.507%
Break-even
6.6 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 5 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 Binance live order book, 14 min ago1.13 bp9.6 bp −$1022.6 bp −$226159.3 bp −$15.9Kdoesn't fit
Sell BloFin live order book, 5 min ago1.13 bp10.7 bp −$1118.2 bp −$18265.8 bp −$6,576doesn'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
GMX TIA/USD [ETH-USDC]L −0.1078% / S +0.0087%1h0.4433−0.356%$6K100xas long as short
ApeX Omni TIAUSDT−0.0063%1h0.4430−0.414%$51K$225K50xas long as short
Kraken Futures PF_TIAUSD−0.0007%1h0.4448−0.013%$348K$209K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4453+0.103%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4451+0.061%$1K150xas long as short
Injective TIA/USDC PERP+0.0014%1h0.4446−0.054%$24K$12K12xas long as short
OKX TIA-USDT-SWAP+0.0053%4h0.4444−0.099%$2.8M$6.8M50xas long as short
Lighter TIA+0.0096%1h0.4456+0.171%$153K$425K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4450+0.036%$7K$232K10xas long as short
Hyperliquid TIA+0.0100%1h0.4454+0.130%$4.8M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4447−0.026%$33K$247K10xas long as short
Binance TIAUSDTlong+0.0100%4h0.4448long leg$14.1M$48.2M75x
Bybit TIAUSDT+0.0100%4h0.4448−0.009%$10.2M$14.0M50xas long as short
Gate TIA_USDT+0.0100%4h0.4449+0.013%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4448−0.009%$12.4M$14.1M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4449+0.013%$4.2M$10.0M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4445−0.077%$4.4M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4447−0.032%$103.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4451+0.054%$103K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4435−0.306%$135K$78Kas long as short
HTX TIA-USDT+0.0100%4h0.4444−0.099%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4444−0.090%$57K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4450+0.034%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4448+0.001%$6K15xas long as short
dYdX TIA-USD+0.0251%1h0.4441−0.157%$53K$13910xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4450+0.036%$1.7M$718K75x
Coinbase International TIA-PERP-INTX+0.0432%1h0.4458+0.216%$52K$103K50xas long as short