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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.015%
Price spread now: Coinbase International against Extended+0.125%7-day average +0.210% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$700.702% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.529%−$53 on $10k
Price spread, last 4 days (all we have)+0.680%+$68 · spread now +0.125%, 7d avg +0.210%
Together, before fees+0.152%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.085% cheaper against Extended than usual: you would sell low and buy high (spread +0.125% now, against its 7-day average of +0.210%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.529%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TIA-USD0.45090.0104pay 0.0013% / 1h22m 06s$57K$211K25x
ShortCoinbase International TIA-PERP-INTX0.45150.0416get 0.0052% / 1h22m 06s$54K$108K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
$65.52
Price spread: +0.125% → +0.210%
−$8.46
Slippage, 4 orders
−$55.15
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$13.09
Costs to cover
0.702%
Break-even
8.4 days
Slippage from Extended: live order book, 9 min ago; Coinbase International: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 9 min ago3.36 bp6.6 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago15.55 bp22.5 bp −$22doesn't fitdoesn't fitdoesn't fit

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
GMX TIA/USD [ETH-USDC]L −0.3033% / S +0.0149%1h0.4502−0.164%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0111%1h0.4510+0.024%$355K$212K50xas long as short
ApeX Omni TIAUSDT−0.0046%1h0.4468−0.917%$51K$224K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4516+0.147%$31K$23K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4516+0.149%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0025%4h0.4509−0.008%$2.8M$7.1M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4496−0.296%$83K$135K12xas long as short
Lighter TIA+0.0096%1h0.4519+0.216%$195K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4513+0.081%$7K$216K10xas long as short
Hyperliquid TIA+0.0100%1h0.4520+0.229%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4511+0.032%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4512+0.059%$14.6M$49.7M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4511+0.036%$10.2M$14.7M50xas long as short
Gate TIA_USDT+0.0100%4h0.4514+0.103%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4512+0.059%$11.4M$14.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4510+0.014%$4.3M$10.1M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4510+0.014%$4.5M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4511+0.036%$14.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4516+0.156%$104K$179K10xas long as short
Variational Omni TIA+0.0100%4h0.4464−1.014%$136K$77Kas long as short
HTX TIA-USDT+0.0100%4h0.4506−0.075%$60K$76K50xas long as short
Extended TIA-USDlong+0.0104%1h0.4509long leg$57K$211K25x
Aevo TIA-PERP+0.0104%1h0.4513+0.073%$7K3xas long as short
dYdX TIA-USD+0.0124%1h0.4507−0.052%$54K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4506−0.066%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4504−0.119%$1.7M$775K75xas long as short
Coinbase International TIA-PERP-INTXshort+0.0416%1h0.4515+0.125%$54K$108K50x