Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.023%

Price spread now: Reya against Binance−0.025%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TIAUSDT	0.4368	0.0100	pay 0.0050% / 4h	3h 49m	$14.5M	$41.9M	75x
Short	Reya TIARUSDPERP	0.4367	0.0179	get 0.0022% / 1h	49m 53s	$6K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee BinancebpFee ReyabpOrdersPrice spread, now −0.025%Rate

Funding earned: $16.64
Price spread: −0.025% → 0.000%: −$2.53
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$1.89
Costs to cover: 0.160%
Break-even: 7.8 days

Slippage unknown: Binance: live order book, 7 min ago; Reya: no order-book sample. Net counts fees only.

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 Binance live order book, 7 min ago	1.14 bp	9.6 bp −$10	23.6 bp −$236	133.8 bp −$13.4K	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
OKX TIA-USDT-SWAP	−0.0197%	4h	0.4363	−0.114%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0153%	1h	0.4366	−0.046%	$359K	$247K	50x	as long as short
Bybit TIAUSDT	−0.0135%	4h	0.4363	−0.114%	$9.6M	$13.1M	50x	as long as short
KuCoin TIAUSDTM	−0.0052%	4h	0.4365	−0.069%	$4.2M	$8.8M	50x	as long as short
ApeX Omni TIAUSDT	−0.0012%	1h	0.4368	0.000%	$49K	$234K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4367	−0.023%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4371	+0.062%	$1K	—	150x	as long as short
Backpack TIA_USDC_PERP	+0.0044%	1h	0.4368	−0.009%	$103K	$154K	10x	as long as short
Lighter TIA	+0.0096%	1h	0.4372	+0.096%	$139K	$359K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4367	−0.023%	$5K	$364K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4374	+0.128%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4366	−0.055%	$34K	$262K	10x	as long as short
Binance TIAUSDTlong	+0.0100%	4h	0.4368	long leg	$14.5M	$41.9M	75x
Gate TIA_USDT	+0.0100%	4h	0.4368	0.000%	$980K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4368	0.000%	$13.2M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4367	−0.023%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4366	−0.046%	—	$6.5M	—	as long as short
Variational Omni TIA	+0.0100%	4h	0.4365	−0.073%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4369	+0.023%	$58K	$68K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4364	−0.101%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4367	−0.014%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0117%	1h	0.4372	+0.092%	$26K	$10K	12x	as long as short
Reya TIARUSDPERPshort	+0.0179%	1h	0.4367	−0.025%	$6K	—	15x
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4389	+0.481%	$51K	$77K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4365	−0.069%	$1.2M	$576K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0460% / S −0.3505%	1h	0.4370	+0.040%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0578%	1h	0.4370	+0.053%	$52K	$59	10x	as long as short