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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.016%
Price spread now: Injective against Deribit+0.186%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 4 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 +$10 a day on $10k at the current rate, and Injective is 0.186% dearer against Deribit than usual: you sell high and buy low: +$19 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-PERPETUAL0.4310−0.0214get 0.0027% / 1h59m 09s$30K$27K25x
ShortInjective TIA/USDC PERP0.43180.0106get 0.0013% / 1h59m 09s$26K$10K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$67.11
Price spread: +0.186% → 0.000%
$18.56
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$78.65
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Injective: 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 Injective no order-book sample
Deribit and Injective: 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
Kraken Futures PF_TIAUSD−0.0230%1h0.4306−0.095%$354K$239K50xas long as short
Deribit TIA_USDC-PERPETUALlong−0.0214%1h0.4310long leg$30K$27K25x
Gate TIA_USDT−0.0054%4h0.4308−0.046%$993K$1.8M75xas long as short
KuCoin TIAUSDTM−0.0048%4h0.4308−0.046%$4.1M$8.5M50xas long as short
Bybit TIAUSDT−0.0017%4h0.4304−0.139%$9.3M$13.0M50xas long as short
OKX TIA-USDT-SWAP−0.0011%4h0.4303−0.162%$2.7M$5.8M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4310+0.006%$1K150xas long as short
ApeX Omni TIAUSDT+0.0081%1h0.4305−0.116%$48K$236K50xas long as short
Variational Omni TIA+0.0088%4h0.4302−0.178%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4313+0.063%$127K$350K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0098%4h0.4306−0.093%$5K$360K10xas long as short
Hyperliquid TIA+0.0100%1h0.4315+0.104%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4310−0.007%$34K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4309−0.034%$14.0M$40.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4309−0.023%$9.1M$5.4M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4306−0.093%$4.4M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4307−0.070%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4309−0.028%$100K$150K10xas long as short
HTX TIA-USDT+0.0100%4h0.4305−0.116%$64K$41K50xas long as short
Extended TIA-USD+0.0104%1h0.4305−0.107%$58K$165K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4308−0.035%$7K3xas long as short
Injective TIA/USDC PERPshort+0.0106%1h0.4318+0.186%$26K$10K12x
Reya TIARUSDPERP+0.0179%1h0.4306−0.096%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4345+0.812%$48K$72K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4303−0.162%$1.0M$539K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0456% / S −0.3505%1h0.4311+0.015%$35K100xas long as short
dYdX TIA-USD+0.0783%1h0.4309−0.028%$51K$5910xas long as short