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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0246%/8h= −26.9% APRnext payment $0.31 per $10,000 · paid last 24h −0.177%
Price spread now: Deribit against dYdX−0.066%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 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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.066% cheaper against dYdX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.43610.0037pay 0.0005% / 1h49m 09s$52K$13910x
ShortDeribit TIA_USDC-PERPETUAL0.4358−0.0209pay 0.0026% / 1h49m 09s$32K$20K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$51.64
Price spread: −0.066% → 0.000%
−$6.57
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$75.22
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: 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 dYdX no order-book sample
Sell Deribit no order-book sample
dYdX and Deribit: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX TIA/USD [ETH-USDC]L −0.5414% / S +0.0229%1h0.4366+0.129%$5K100xas long as short
Injective TIA/USDC PERP−0.0275%1h0.4374+0.301%$83K$165K12xas long as short
Bybit TIAUSDT−0.0273%4h0.4357−0.089%$9.6M$14.4M50xas long as short
Deribit TIA_USDC-PERPETUALshort−0.0209%1h0.4358−0.066%$32K$20K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4374+0.290%$1K150xas long as short
dYdX TIA-USDlong+0.0037%1h0.4361long leg$52K$13910x
Variational Omni TIA+0.0078%4h0.4355−0.126%$101K$100Kas long as short
Kraken Futures PF_TIAUSD+0.0083%1h0.4361−0.003%$364K$222K50xas long as short
Lighter TIA+0.0096%1h0.4362+0.017%$153K$471K10xas long as short
Orderly PERP_TIA_USDC+0.0097%4h0.4355−0.135%$6K$185K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4362+0.017%$4.6M$1.7M5xas long as short
Aster TIAUSDT+0.0100%4h0.4360−0.030%$31K$238K10xas long as short
Binance TIAUSDT+0.0100%4h0.4358−0.066%$14.0M$48.6M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4356−0.112%$2.7M$6.7M50xas long as short
Gate TIA_USDT+0.0100%4h0.4357−0.089%$999K$1.7M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4358−0.066%$10.5M$14.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4357−0.089%$4.2M$10.5M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4353−0.180%$4.4M$4.2M75xas long as short
BingX TIA-USDC+0.0100%4h0.4357−0.089%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4361−0.006%$101K$176K10xas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4363+0.049%$50K$218K50xas long as short
HTX TIA-USDT+0.0100%4h0.4359−0.043%$58K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4355−0.145%$55K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4356−0.112%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4356−0.111%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4354−0.157%$1.5M$707K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4407+1.058%$53K$109K50xas long as short