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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0082%/8h= −9.0% APRnext payment $0.41 per $10,000 · paid last 24h −0.045%
Price spread now: KuCoin against Bitget−0.023%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.023%, 7d avg +0.045%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.068% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TIAUSDT0.44310.0100pay 0.0050% / 4h1h 28m$4.5M$3.4M75x
ShortKuCoin TIAUSDTM0.44300.0018get 0.0009% / 4h1h 28m$4.3M$9.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$17.22
Price spread: −0.023% → +0.045%
−$6.81
Slippage, 4 orders
−$55.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$103.99
Costs to cover
0.800%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 10 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, 4 min ago2.25 bp15.1 bp −$1535.1 bp −$351doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago2.27 bp25.4 bp −$2585.5 bp −$855doesn'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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4447+0.361%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4448+0.378%$1K150xas long as short
KuCoin TIAUSDTMshort+0.0018%4h0.4430−0.023%$4.3M$9.0M50x
Bybit TIAUSDT+0.0022%4h0.4429−0.045%$9.7M$13.4M50xas long as short
ApeX Omni TIAUSDT+0.0059%1h0.4451+0.451%$50K$231K50xas long as short
Variational Omni TIA+0.0061%4h0.4448+0.374%$104K$85Kas long as short
Kraken Futures PF_TIAUSD+0.0074%1h0.4448+0.394%$364K$205K50xas long as short
OKX TIA-USDT-SWAP+0.0075%4h0.4432+0.023%$2.8M$6.1M50xas long as short
Lighter TIA+0.0096%1h0.4439+0.181%$156K$415K10xas long as short
Hyperliquid TIA+0.0100%1h0.4441+0.223%$4.8M$1.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4440+0.195%$33K$246K10xas long as short
Binance TIAUSDT+0.0100%4h0.4434+0.068%$14.6M$42.8M75xas long as short
Gate TIA_USDT+0.0100%4h0.4435+0.090%$998K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4434+0.068%$12.2M$6.5M300xas long as short
Bitget TIAUSDTlong+0.0100%4h0.4431long leg$4.5M$3.4M75x
BingX TIA-USDC+0.0100%4h0.4432+0.023%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4444+0.284%$103K$154K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4445+0.316%$5K$316K10xas long as short
HTX TIA-USDT+0.0100%4h0.4447+0.361%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4430−0.022%$56K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4446+0.339%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4444+0.294%$6K15xas long as short
dYdX TIA-USD+0.0234%1h0.4434+0.069%$53K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4448+0.384%$1.4M$720K75xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4460+0.654%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0496% / S −0.1196%1h0.4447+0.371%$41K100xas long as short
Injective TIA/USDC PERP+0.0496%1h0.4441+0.226%$26K$10K12xas long as short