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

TIA

all TIA markets
SwapBacktest
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 +0.006%
Price spread now: Binance against Bybit+0.091%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.091%, 7d avg +0.043%
Together, before fees−0.043%−$4 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: Binance is 0.049% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TIAUSDT0.43760.0100pay 0.0050% / 4h3h 30m$9.6M$12.8M50x
ShortBinance TIAUSDT0.43800.0100get 0.0050% / 4h3h 30m$14.6M$41.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
Price spread: +0.091% → +0.043%
$4.85
Slippage, 4 orders
−$24.69
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$40.83
Costs to cover
0.457%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 11 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 Bybit live order book, 2 min ago3.43 bp12.1 bp −$1228.4 bp −$284166.4 bp −$16.6Kdoesn't fit
Sell Binance live order book, 11 min ago1.14 bp10.2 bp −$1020.0 bp −$20091.9 bp −$9,189doesn'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
OKX TIA-USDT-SWAP−0.0169%4h0.43760.000%$2.8M$5.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4383+0.169%$360K$233K50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.4378+0.046%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4382+0.137%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4383+0.152%$1K150xas long as short
Lighter TIA+0.0096%1h0.4385+0.217%$140K$359K10xas long as short
ApeX Omni TIAUSDT+0.0098%1h0.43760.000%$49K$235K50xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4381+0.114%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4384+0.190%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4381+0.123%$34K$249K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDTshort+0.0100%4h0.4380+0.091%$14.6M$41.1M75x
Bybit TIAUSDTlong+0.0100%4h0.4376long leg$9.6M$12.8M50x
Gate TIA_USDT+0.0100%4h0.4381+0.114%$983K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4380+0.091%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4379+0.069%$4.5M$3.2M75xas long as short
BingX TIA-USDC+0.0100%4h0.4378+0.046%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4380+0.101%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4378+0.042%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4383+0.160%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4377+0.019%$54K$170K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4381+0.103%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4382+0.137%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4380+0.089%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.297%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4380+0.091%$1.2M$578K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4382+0.141%$36K100xas long as short
dYdX TIA-USD+0.0958%1h0.4380+0.091%$52K$5910xas long as short