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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0321%/8h= −35.2% APRpaid last 24h −0.160%
Price spread now: Orderly against dYdX−0.051%80s7-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−0.556%−$56 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 −$10 a day on $10k at the current rate, and Orderly is 0.051% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX TIA-USD0.43500.0420pay 0.0053% / 1h28m 42s$52K$13910x
ShortOrderly PERP_TIA_USDC0.43480.0099get 0.0050% / 4h1h 28m$7K$252K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$67.42
Price spread: −0.051% → 0.000%
−$5.1
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$88.52
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Orderly: 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 Orderly no order-book sample
dYdX and Orderly: 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-PERPETUAL0.0000%1h0.4349−0.028%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4351+0.017%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0047%4h0.4340−0.235%$2.7M$6.4M50xas long as short
ApeX Omni TIAUSDT+0.0090%1h0.4346−0.097%$50K$226K50xas long as short
Lighter TIA+0.0096%1h0.4352+0.032%$150K$425K10xas long as short
Orderly PERP_TIA_USDCshort+0.0099%4h0.4348−0.051%$7K$252K10x
Hyperliquid TIA+0.0100%1h0.4352+0.043%$4.6M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4349−0.037%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4346−0.097%$13.6M$47.5M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4345−0.120%$9.8M$13.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4347−0.074%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4345−0.120%$12.8M$14.2M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4345−0.120%$4.2M$9.8M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4342−0.189%$4.3M$3.8M75xas long as short
BingX TIA-USDC+0.0100%4h0.4344−0.143%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4347−0.072%$100K$173K10xas long as short
Variational Omni TIA+0.0100%4h0.4349−0.034%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4352+0.041%$58K$73K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0101% / S +0.0053%1h0.4351+0.028%$6K100xas long as short
Extended TIA-USD+0.0104%1h0.4341−0.201%$56K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4347−0.067%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0146%1h0.4346−0.089%$344K$204K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4355+0.110%$24K$11K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4342−0.186%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4345−0.120%$1.6M$701K75xas long as short
Coinbase International TIA-PERP-INTX+0.0408%1h0.4395+1.029%$47K$87K50xas long as short
dYdX TIA-USDlong+0.0420%1h0.4350long leg$52K$13910x