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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against BingX−0.023%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 days−0.005%−$1 · spread now −0.023%, 7d avg −0.016%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TIA-USDC0.43250.0100pay 0.0050% / 4h1h 25m$6.5M
ShortBybit TIAUSDT0.43240.0100get 0.0050% / 4h1h 25m$9.5M$13.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: −0.023% → −0.016%
−$0.75
Slippage, 4 orders
−$44.32
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$66.07
Costs to cover
0.653%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: 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 BingX live order book, 10 min ago2.31 bp16.5 bp −$1753.0 bp −$530426.6 bp −$42.7K758.0 bp −$379.0K
Sell Bybit live order book, 3 min ago2.31 bp13.8 bp −$1435.4 bp −$354203.3 bp −$20.3Kdoesn'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−0.0228%1h0.4329+0.085%$354K$242K50xas long as short
OKX TIA-USDT-SWAP−0.0096%4h0.4322−0.069%$2.7M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0038%4h0.4324−0.023%$4.2M$8.6M50xas long as short
Gate TIA_USDT−0.0036%4h0.4323−0.046%$993K$1.8M75xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4329+0.092%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4329+0.098%$1K150xas long as short
ApeX Omni TIAUSDT+0.0062%1h0.4330+0.116%$49K$236K50xas long as short
Variational Omni TIA+0.0095%4h0.4324−0.024%$101K$84Kas long as short
Lighter TIA+0.0096%1h0.4331+0.132%$128K$351K10xas long as short
Orderly PERP_TIA_USDC+0.0097%4h0.4328+0.069%$5K$362K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4333+0.192%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4327+0.053%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4327+0.046%$14.6M$41.9M75xas long as short
Bybit TIAUSDTshort+0.0100%4h0.4324−0.023%$9.5M$13.2M50x
MEXC TIA_USDT+0.0100%4h0.4328+0.069%$14.0M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.43250.000%$4.5M$3.5M75xas long as short
BingX TIA-USDClong+0.0100%4h0.4325long leg$6.5M
Backpack TIA_USDC_PERP+0.0100%1h0.4328+0.058%$100K$149K10xas long as short
HTX TIA-USDT+0.0100%4h0.4327+0.046%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4324−0.024%$57K$170K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4327+0.046%$7K3xas long as short
Injective TIA/USDC PERP+0.0106%1h0.4333+0.185%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4325+0.012%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4339+0.324%$47K$74K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4327+0.046%$1.1M$556K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4330+0.113%$35K100xas long as short
dYdX TIA-USD+0.0711%1h0.4329+0.102%$51K$5910xas long as short