Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h −0.007%

Price spread now: Coinbase International against Bitget+1.319%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.580%−$58 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 1.319% dearer against Bitget than usual: you sell high and buy low: +$132 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.580%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget TIAUSDT	0.4321	0.0100	pay 0.0050% / 4h	2h 34m	$4.4M	$3.7M	75x
Short	Coinbase International TIA-PERP-INTX	0.4378	0.0400	get 0.0050% / 1h	34m 31s	$47K	$84K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now +1.319%Rate

Funding earned: $63
Price spread: +1.319% → 0.000%: $131.91
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $172.91
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Bitget: live order book, 4 min ago; Coinbase International: 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 Bitget live order book, 4 min ago	2.31 bp	16.9 bp −$17	32.8 bp −$328	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4341	+0.463%	$30K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4340	+0.440%	$1K	—	150x	as long as short
ApeX Omni TIAUSDT	+0.0083%	1h	0.4330	+0.208%	$50K	$228K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4325	+0.086%	$154K	$423K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4337	+0.370%	$6K	$273K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4327	+0.137%	$4.6M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4321	−0.011%	$33K	$243K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4316	−0.116%	$13.5M	$44.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4315	−0.139%	$9.7M	$13.8M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4313	−0.185%	$2.7M	$6.3M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4322	+0.023%	$969K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4317	−0.093%	$10.3M	$6.5M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4321	0.000%	$4.2M	$9.4M	50x	as long as short
Bitget TIAUSDTlong	+0.0100%	4h	0.4321	long leg	$4.4M	$3.7M	75x
BingX TIA-USDC	+0.0100%	4h	0.4318	−0.069%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4335	+0.326%	$100K	$174K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4328	+0.158%	$101K	$51K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4340	+0.440%	$58K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4315	−0.136%	$55K	$212K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4339	+0.417%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4337	+0.368%	$6K	—	15x	as long as short
Kraken Futures PF_TIAUSD	+0.0193%	1h	0.4340	+0.436%	$344K	$205K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0213% / S +0.0050%	1h	0.4340	+0.436%	$6K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0237%	1h	0.4337	+0.370%	$25K	$11K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4340	+0.440%	$1.6M	$699K	75x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0400%	1h	0.4378	+1.319%	$47K	$84K	50x
dYdX TIA-USD	+0.0535%	1h	0.4320	−0.016%	$51K	$139	10x	as long as short