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: Bitget against Bybit+0.114%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$590.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days−0.071%−$7 · spread now +0.114%, 7d avg −0.016%
Together, before fees−0.034%−$3 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: Bitget is 0.130% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TIAUSDT0.44000.0100pay 0.0050% / 4h2h 03m$9.6M$13.1M50x
ShortBitget TIAUSDT0.44050.0100get 0.0050% / 4h2h 03m$4.5M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.114% → −0.016%
$12.96
Slippage, 4 orders
−$35.69
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$45.74
Costs to cover
0.587%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago2.27 bp13.0 bp −$1330.9 bp −$309doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.13 bp18.3 bp −$1838.9 bp −$389doesn't fitdoesn't fit

TIA on 26 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−0.0026%4h0.44000.000%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0003%1h0.4410+0.233%$360K$212K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4406+0.136%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4407+0.158%$1K150xas long as short
KuCoin TIAUSDTM+0.0018%4h0.4404+0.091%$4.2M$8.9M50xas long as short
ApeX Omni TIAUSDT+0.0029%1h0.4399−0.023%$50K$233K50xas long as short
Lighter TIA+0.0096%1h0.4415+0.341%$156K$409K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4405+0.114%$5K$317K10xas long as short
Hyperliquid TIA+0.0100%1h0.4409+0.205%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4407+0.154%$32K$245K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4403+0.073%$14.4M$42.5M75xas long as short
Bybit TIAUSDTlong+0.0100%4h0.4400long leg$9.6M$13.1M50x
Gate TIA_USDT+0.0100%4h0.4407+0.159%$991K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4405+0.114%$12.4M$6.8M300xas long as short
Bitget TIAUSDTshort+0.0100%4h0.4405+0.114%$4.5M$3.4M75x
BingX TIA-USDT+0.0100%4h0.4403+0.068%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4405+0.105%$102K$152K10xas long as short
Variational Omni TIA+0.0100%4h0.4397−0.074%$103K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4412+0.273%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4405+0.106%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4406+0.148%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4404+0.099%$6K15xas long as short
dYdX TIA-USD+0.0189%1h0.4412+0.273%$52K$19910xas long as short
Injective TIA/USDC PERP+0.0266%1h0.4411+0.250%$27K$10K12xas long as short
Coinbase International TIA-PERP-INTX+0.0304%1h0.4415+0.341%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0474% / S −0.1090%1h0.4407+0.149%$40K100xas long as short