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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.022%
Price spread now: Coinbase International against Deribit+0.432%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.432% dearer against Deribit than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TIA_USDC-PERPETUAL0.43990get 0.0000% / 1h4m 59s$31K$27K25x
ShortCoinbase International TIA-PERP-INTX0.44180.0376get 0.0047% / 1h4m 59s$52K$76K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
$78.96
Price spread: +0.432% → 0.000%
$43.19
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$105.15
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Coinbase International no order-book sample
Deribit and 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 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
Bybit TIAUSDT−0.0126%4h0.4397−0.045%$9.7M$13.5M50xas long as short
Variational Omni TIA−0.0057%4h0.4393−0.145%$103K$85Kas long as short
KuCoin TIAUSDTM−0.0034%4h0.4393−0.136%$4.2M$9.0M50xas long as short
Deribit TIA_USDC-PERPETUALlong0.0000%1h0.4399long leg$31K$27K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4400+0.020%$1K150xas long as short
Kraken Futures PF_TIAUSD+0.0075%1h0.4401+0.047%$360K$199K50xas long as short
Lighter TIA+0.0096%1h0.4406+0.152%$155K$417K10xas long as short
ApeX Omni TIAUSDT+0.0097%1h0.4429+0.682%$50K$231K50xas long as short
Hyperliquid TIA+0.0100%1h0.4405+0.132%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4401+0.055%$32K$245K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.43990.000%$14.5M$42.9M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4395−0.091%$2.8M$6.1M50xas long as short
Gate TIA_USDT+0.0100%4h0.4400+0.023%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4400+0.023%$12.0M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4397−0.045%$4.5M$3.4M75xas long as short
BingX TIA-USDC+0.0100%4h0.43990.000%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4400+0.034%$102K$153K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4396−0.068%$5K$289K10xas long as short
HTX TIA-USDT+0.0100%4h0.4401+0.045%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4394−0.122%$56K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4397−0.054%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4397−0.039%$6K15xas long as short
dYdX TIA-USD+0.0202%1h0.4399+0.003%$52K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.43990.000%$1.5M$720K75xas long as short
Coinbase International TIA-PERP-INTXshort+0.0376%1h0.4418+0.432%$52K$76K50x
GMX TIA/USD [ETH-USDC]L +0.0493% / S −0.1196%1h0.4399−0.005%$40K100xas long as short
Injective TIA/USDC PERP+0.0496%1h0.4415+0.364%$26K$10K12xas long as short