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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Extended against Bitget−0.048%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.447%+$45 · spread now −0.048%, 7d avg −0.007%
Together, before fees+0.400%+ Points / potential airdropExtended: Active · farm board+$40 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: Extended is 0.041% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TIAUSDT0.44850.0100pay 0.0050% / 4h3h 46m$4.4M$4.1M75x
ShortExtended TIA-USD0.44830.0104get 0.0013% / 1h46m 44s$57K$211K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: −0.048% → −0.007%
−$4.14
Slippage, 4 orders
−$30.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$50.7
Costs to cover
0.474%
Break-even
429.5 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 50 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 Bitget live order book, 1 min ago1.12 bp16.5 bp −$1642.8 bp −$428doesn't fitdoesn't fit
Sell Extended live order book, 50 min ago3.39 bp6.6 bp −$7doesn't fitdoesn't fitdoesn'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
GMX TIA/USD [ETH-USDC]L −0.2051% / S +0.0116%1h0.4483−0.040%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4484−0.022%$354K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.44850.000%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4487+0.044%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0039%4h0.4481−0.089%$2.8M$7.0M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4484−0.022%$24K$12K12xas long as short
dYdX TIA-USD+0.0071%1h0.4488+0.067%$53K$13910xas long as short
Lighter TIA+0.0096%1h0.4495+0.219%$195K$468K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.44850.000%$7K$225K10xas long as short
Hyperliquid TIA+0.0100%1h0.4494+0.196%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4488+0.056%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4486+0.027%$14.3M$49.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4483−0.045%$10.2M$14.5M50xas long as short
Gate TIA_USDT+0.0100%4h0.4487+0.045%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4486+0.022%$11.9M$14.3M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4486+0.022%$4.3M$10.1M50xas long as short
Bitget TIAUSDTlong+0.0100%4h0.4485long leg$4.4M$4.1M75x
BingX TIA-USDT+0.0100%4h0.4486+0.022%$13.6Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4484−0.025%$103K$175K10xas long as short
Variational Omni TIA+0.0100%4h0.4491+0.128%$137K$79Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4487+0.045%$51K$224K50xas long as short
HTX TIA-USDT+0.0100%4h0.4488+0.067%$60K$76K50xas long as short
Extended TIA-USDshort+0.0104%1h0.4483−0.048%$57K$211K25x
Aevo TIA-PERP+0.0104%1h0.4484−0.019%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4482−0.076%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4480−0.111%$1.7M$783K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4500+0.334%$53K$107K50xas long as short