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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h −0.190%
Price spread now: Bybit against dYdX−0.183%60s7-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 7 days−0.568%−$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.183% cheaper against dYdX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.44230.0313pay 0.0039% / 1h18m 49s$53K$19910x
ShortBybit TIAUSDT0.44150.0058get 0.0029% / 4h18m 49s$9.8M$13.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against dYdX. 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
−$53.53
Price spread: −0.183% → 0.000%
−$18.35
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$92.88
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 4 min ago. 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 dYdX no order-book sample
Sell Bybit live order book, 4 min ago1.13 bp13.0 bp −$1330.6 bp −$306169.4 bp −$16.9Kdoesn't fit
dYdX: 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
ApeX Omni TIAUSDT−0.0029%1h0.4418−0.116%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4424+0.020%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4424+0.018%$1K150xas long as short
Variational Omni TIA+0.0017%4h0.4418−0.112%$103K$66Kas long as short
Bybit TIAUSDTshort+0.0058%4h0.4415−0.183%$9.8M$13.5M50x
KuCoin TIAUSDTM+0.0060%4h0.4418−0.116%$4.2M$9.1M50xas long as short
Lighter TIA+0.0096%1h0.4422−0.027%$156K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4422−0.025%$5K$272K10xas long as short
Hyperliquid TIA+0.0100%1h0.4422−0.027%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4417−0.130%$33K$248K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4416−0.166%$14.5M$43.1M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4411−0.274%$2.8M$6.3M50xas long as short
Gate TIA_USDT+0.0100%4h0.4420−0.070%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4416−0.161%$11.9M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4415−0.183%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4417−0.138%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4420−0.059%$102K$167K10xas long as short
HTX TIA-USDT+0.0100%4h0.4436+0.291%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4414−0.204%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4422−0.032%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0164%1h0.4424+0.013%$361K$194K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4420−0.070%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4431+0.178%$26K$10K12xas long as short
dYdX TIA-USDlong+0.0313%1h0.4423long leg$53K$19910x
BloFin TIA-USDT+0.0340%4h0.4425+0.043%$1.6M$747K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4452+0.653%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0496% / S −0.1196%1h0.44230.000%$40K100xas long as short