Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Variational Omni against BingX−0.053%7-day average 0.000% · you buy dearer than you sell

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

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+1.016%+$102 · spread now −0.053%, 7d avg 0.000%

Together, before fees+1.008%+ Points / potential airdropVariational Omni: Active · farm board+$101 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: Variational Omni is 0.053% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX TIA-USDT	0.4403	0.0100	pay 0.0050% / 4h	2h 19m	—	$99.0M	—
Short	Variational Omni TIA	0.4401	0.0100	get 0.0050% / 4h	2h 19m	$103K	$84K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpFee Variational OmnibpOrdersPrice spread, now −0.053%Rate

Funding earned: $0
Price spread: −0.053% → 0.000%: −$5.27
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.27
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, 59 min ago. 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 BingX live order book, 4 min ago	1.13 bp	7.9 bp −$8	15.8 bp −$158	56.7 bp −$5,675	380.6 bp −$190.3K
Sell Variational Omni RFQ quote, 59 min ago	4.56 bp	doesn't fit	34.2 bp −$342	doesn't fit	doesn't fit

TIA on 26 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
ApeX Omni TIAUSDT	−0.0111%	1h	0.4401	−0.045%	$50K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0066%	4h	0.4401	−0.045%	$2.8M	$6.1M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4402	−0.033%	$360K	$214K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4400	−0.068%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4400	−0.070%	$1K	—	150x	as long as short
KuCoin TIAUSDTM	+0.0006%	4h	0.4401	−0.045%	$4.2M	$8.9M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4411	+0.175%	$156K	$407K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4398	−0.114%	$5K	$318K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4410	+0.154%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4404	+0.026%	$32K	$245K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4404	+0.031%	$14.4M	$42.6M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4400	−0.068%	$9.6M	$13.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4404	+0.023%	$990K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4406	+0.068%	$12.4M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4402	−0.023%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDTlong	+0.0100%	4h	0.4403	long leg	—	$99.0M	—
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4399	−0.089%	$102K	$160K	10x	as long as short
Variational Omni TIAshort	+0.0100%	4h	0.4401	−0.053%	$103K	$84K	—
HTX TIA-USDT	+0.0100%	4h	0.4401	−0.045%	$59K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4403	+0.007%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4399	−0.102%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4396	−0.152%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0206%	1h	0.4401	−0.043%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4411	+0.182%	$27K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4417	+0.318%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0464% / S −0.3505%	1h	0.4399	−0.085%	$36K	—	100x	as long as short