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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1196%/8h= +131.0% APRnext payment +$1.49 per $10,000 · paid last 24h +0.555%
Price spread now: GMX against Deribit−0.031%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.031% cheaper against Deribit than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$36 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TIA_USDC-PERPETUAL0.44530get 0.0000% / 1h30m 50s$31K$27K25x
ShortGMX TIA/USD [ETH-USDC]0.4452L +0.0496% / S −0.1196%get 0.0149% / 1h30m 50s$41K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$251.15
Price spread: −0.031% → 0.000%
−$3.08
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$229.08
Costs to cover
0.190%
Break-even
0.6 days
Slippage unknown: Deribit: no order-book sample; GMX: 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 GMX no order-book sample
Deribit and GMX: 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
Deribit TIA_USDC-PERPETUALlong0.0000%1h0.4453long leg$31K$27K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4452−0.029%$1K150xas long as short
Bybit TIAUSDT+0.0003%4h0.4448−0.112%$9.6M$13.3M50xas long as short
KuCoin TIAUSDTM+0.0022%4h0.4449−0.090%$4.3M$9.0M50xas long as short
ApeX Omni TIAUSDT+0.0061%1h0.4437−0.359%$50K$231K50xas long as short
Variational Omni TIA+0.0061%4h0.4448−0.122%$104K$85Kas long as short
OKX TIA-USDT-SWAP+0.0068%4h0.4448−0.112%$2.9M$6.2M50xas long as short
Kraken Futures PF_TIAUSD+0.0074%1h0.4454+0.018%$364K$205K50xas long as short
Lighter TIA+0.0096%1h0.4460+0.153%$157K$415K10xas long as short
Hyperliquid TIA+0.0100%1h0.4460+0.146%$4.8M$1.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4454+0.016%$33K$246K10xas long as short
Binance TIAUSDT+0.0100%4h0.4452−0.019%$14.6M$42.7M75xas long as short
Gate TIA_USDT+0.0100%4h0.4454+0.022%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4452−0.022%$12.3M$6.5M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4452−0.022%$4.5M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4451−0.045%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4453+0.007%$103K$154K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4451−0.045%$5K$317K10xas long as short
HTX TIA-USDT+0.0100%4h0.4451−0.045%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4448−0.101%$56K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4452−0.031%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4448−0.117%$6K15xas long as short
dYdX TIA-USD+0.0239%1h0.4454+0.022%$53K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4450−0.067%$1.5M$721K75xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4460+0.157%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]shortL +0.0496% / S −0.1196%1h0.4452−0.031%$41K100x
Injective TIA/USDC PERP+0.0496%1h0.4441−0.269%$26K$10K12xas long as short