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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%
Price spread now: KuCoin against Bybit+0.023%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$920.916% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.023%, 7d avg +0.029%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TIAUSDT0.42990.0100pay 0.0050% / 4h2h 26m$9.6M$13.8M50x
ShortKuCoin TIAUSDTM0.43000.0100get 0.0050% / 4h2h 26m$4.1M$9.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.023% → +0.029%
−$0.58
Slippage, 4 orders
−$68.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$92.19
Costs to cover
0.916%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 2 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 ago2.33 bp15.3 bp −$1535.3 bp −$353doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.16 bp32.5 bp −$3289.4 bp −$894doesn'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
ApeX Omni TIAUSDT−0.0004%1h0.4319+0.465%$49K$227K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4302+0.070%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4303+0.089%$1K150xas long as short
Lighter TIA+0.0096%1h0.4305+0.133%$149K$428K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4301+0.047%$6K$268K10xas long as short
Hyperliquid TIA+0.0100%1h0.4306+0.165%$4.6M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4299−0.005%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4301+0.054%$13.5M$44.2M75xas long as short
Bybit TIAUSDTlong+0.0100%4h0.4299long leg$9.6M$13.8M50x
OKX TIA-USDT-SWAP+0.0100%4h0.4298−0.023%$2.7M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4303+0.093%$965K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4302+0.070%$10.1M$6.5M300xas long as short
KuCoin TIAUSDTMshort+0.0100%4h0.4300+0.023%$4.1M$9.5M50x
Bitget TIAUSDT+0.0100%4h0.4300+0.023%$4.4M$3.7M75xas long as short
BingX TIA-USDC+0.0100%4h0.4301+0.047%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4302+0.072%$99K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4300+0.018%$100K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4300+0.023%$57K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4299−0.011%$54K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4299+0.012%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4300+0.021%$6K15xas long as short
Kraken Futures PF_TIAUSD+0.0195%1h0.4303+0.092%$341K$205K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0197% / S +0.0051%1h0.4303+0.093%$6K100xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4300+0.023%$25K$11K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4304+0.116%$1.6M$694K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4378+1.838%$47K$84K50xas long as short
dYdX TIA-USD+0.0486%1h0.4303+0.100%$51K$13910xas long as short