Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h +0.038%

Price spread now: Aster against Coinbase International−0.295%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.295% cheaper against Coinbase International than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TIA-PERP-INTX	0.4415	0.0304	pay 0.0038% / 1h	4m 36s	$52K	$76K	50x
Short	Aster TIAUSDT	0.4402	0.0100	get 0.0050% / 4h	2h 04m	$32K	$245K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee AsterbpOrdersPrice spread, now −0.295%Rate

Funding earned: −$42.84
Price spread: −0.295% → 0.000%: −$29.51
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$90.35
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Aster: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International no order-book sample	—	—	—	—	—
Sell Aster live order book, 62 min ago	6.83 bp	33.9 bp −$34	doesn't fit	doesn't fit	doesn't fit

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TIA on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TIA-USDT-SWAP	−0.0032%	4h	0.4411	−0.091%	$2.8M	$6.1M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4404	−0.257%	$360K	$212K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4402	−0.294%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4401	−0.306%	$1K	—	150x	as long as short
KuCoin TIAUSDTM	+0.0018%	4h	0.4400	−0.340%	$4.2M	$8.9M	50x	as long as short
ApeX Omni TIAUSDT	+0.0029%	1h	0.4399	−0.362%	$50K	$233K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4415	−0.005%	$156K	$409K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4399	−0.362%	$5K	$317K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4410	−0.125%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDTshort	+0.0100%	4h	0.4402	−0.295%	$32K	$245K	10x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4407	−0.172%	$14.4M	$42.6M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4404	−0.249%	$9.6M	$13.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4408	−0.159%	$992K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4408	−0.159%	$12.4M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4410	−0.113%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4410	−0.113%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4400	−0.340%	$102K	$154K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4397	−0.414%	$103K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4403	−0.272%	$59K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4408	−0.159%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4400	−0.328%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4399	−0.367%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0193%	1h	0.4408	−0.159%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4411	−0.091%	$27K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTXlong	+0.0304%	1h	0.4415	long leg	$52K	$76K	50x
GMX TIA/USD [ETH-USDC]	L +0.0471% / S −0.1076%	1h	0.4402	−0.303%	$40K	—	100x	as long as short