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+0.3405%/8h= +372.9% APRpaid last 24h +0.436%
Price spread now: GMX against BingX+0.020%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$102 a day on $10k at the current rate, and GMX is 0.020% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TIA-USDT0.43810.0100pay 0.0050% / 4h3h 27m$98.9M
ShortGMX TIA/USD [ETH-USDC]0.4382L +0.0460% / S −0.3505%get 0.0438% / 1h27m 37s$36K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$715.15
Price spread: +0.020% → 0.000%
$2.01
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$695.15
Costs to cover
0.220%
Break-even
0.2 days
Slippage unknown: BingX: live order book, 11 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago1.14 bp9.6 bp −$1018.6 bp −$18665.7 bp −$6,571380.3 bp −$190.2K
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TIA-USDT-SWAP−0.0165%4h0.4379−0.046%$2.8M$5.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4384+0.057%$360K$226K50xas long as short
KuCoin TIAUSDTM−0.0028%4h0.4378−0.068%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4384+0.068%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4382+0.026%$1K150xas long as short
Lighter TIA+0.0096%1h0.4387+0.142%$140K$359K10xas long as short
ApeX Omni TIAUSDT+0.0098%1h0.4376−0.114%$49K$235K50xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4382+0.023%$5K$362K10xas long as short
Hyperliquid TIA+0.0100%1h0.4387+0.137%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4384+0.068%$34K$249K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4381+0.006%$14.6M$41.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4379−0.046%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4382+0.023%$986K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.43810.000%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4383+0.046%$4.5M$3.2M75xas long as short
BingX TIA-USDTlong+0.0100%4h0.4381long leg$98.9M
Backpack TIA_USDC_PERP+0.0100%1h0.4382+0.021%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4378−0.073%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.43810.000%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4379−0.039%$54K$173K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4383+0.046%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4383+0.046%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4379−0.037%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.183%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4377−0.091%$1.2M$578K75xas long as short
GMX TIA/USD [ETH-USDC]shortL +0.0460% / S −0.3505%1h0.4382+0.020%$36K100x
dYdX TIA-USD+0.1014%1h0.4382+0.023%$52K$5910xas long as short