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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Binance+0.090%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$450.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.112%−$11 · spread now +0.090%, 7d avg +0.040%
Together, before fees−0.126%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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 0.050% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TIAUSDT0.44100.0100pay 0.0050% / 4h3h 10m$14.7M$41.2M75x
ShortHyperliquid TIA0.44140.0100get 0.0013% / 1h10m 21s$4.5M$1.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.090% → +0.040%
$4.99
Slippage, 4 orders
−$25.78
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$39.79
Costs to cover
0.448%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 1 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, 2 min ago1.13 bp11.0 bp −$1120.8 bp −$208132.3 bp −$13.2Kdoesn't fit
Sell Hyperliquid live order book, 1 min ago0.57 bp11.8 bp −$12doesn'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
Kraken Futures PF_TIAUSD−0.0152%1h0.4409−0.013%$362K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0137%4h0.4406−0.080%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0018%4h0.4407−0.057%$4.3M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4410+0.011%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4410+0.012%$1K150xas long as short
Lighter TIA+0.0096%1h0.4412+0.065%$140K$360K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4409−0.012%$5K$363K10xas long as short
Hyperliquid TIAshort+0.0100%1h0.4414+0.090%$4.5M$1.5M5x
Aster TIAUSDT+0.0100%4h0.4409−0.006%$35K$240K10xas long as short
Binance TIAUSDTlong+0.0100%4h0.4410long leg$14.7M$41.2M75x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4406−0.080%$9.7M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4410+0.011%$991K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4410+0.011%$13.1M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4407−0.057%$4.6M$3.1M75xas long as short
BingX TIA-USDC+0.0100%4h0.4408−0.034%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4402−0.179%$102K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4398−0.255%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4403−0.148%$50K$233K50xas long as short
HTX TIA-USDT+0.0100%4h0.4407−0.057%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4404−0.125%$55K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4406−0.091%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4415+0.124%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4407−0.059%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4422+0.283%$52K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4402−0.170%$1.3M$603K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0462% / S −0.3505%1h0.4410+0.018%$36K100xas long as short
dYdX TIA-USD+0.0895%1h0.4408−0.029%$52K$19910xas long as short