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+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.091%
Price spread now: BloFin against Gate+0.163%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$890.889% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.375%+$37 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.163%, 7d avg +0.023%
Together, before fees+0.329%+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.139% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TIA_USDT0.43050.0100pay 0.0050% / 4h2h 28m$966K$1.8M75x
ShortBloFin TIA-USDT0.43120.0340get 0.0170% / 4h2h 28m$1.6M$695K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$50.4
Price spread: +0.163% → +0.023%
$13.92
Slippage, 4 orders
−$61.93
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.61
Costs to cover
0.889%
Break-even
10.4 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 4 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 Gate live order book, 4 min ago6.95 bp29.2 bp −$2982.4 bp −$824doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago3.48 bp15.6 bp −$1626.0 bp −$26072.2 bp −$7,218doesn'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
ApeX Omni TIAUSDT−0.0021%1h0.4310+0.116%$49K$227K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4314+0.209%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4316+0.256%$1K150xas long as short
Lighter TIA+0.0096%1h0.4306+0.030%$149K$428K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4315+0.232%$6K$270K10xas long as short
Hyperliquid TIA+0.0100%1h0.4311+0.144%$4.6M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4308+0.063%$33K$243K10xas long as short
Binance TIAUSDT+0.0100%4h0.4301−0.093%$13.5M$44.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4300−0.116%$9.6M$13.9M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4298−0.163%$2.7M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDTlong+0.0100%4h0.4305long leg$966K$1.8M75x
MEXC TIA_USDT+0.0100%4h0.4302−0.070%$10.2M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4300−0.116%$4.1M$9.5M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4300−0.116%$4.4M$3.7M75xas long as short
BingX TIA-USDT+0.0100%4h0.4300−0.116%$103.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4309+0.105%$100K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4306+0.031%$100K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4317+0.279%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4299−0.133%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4312+0.163%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4314+0.218%$6K15xas long as short
Kraken Futures PF_TIAUSD+0.0194%1h0.4313+0.194%$342K$205K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0202% / S +0.0050%1h0.4318+0.304%$6K100xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4317+0.279%$25K$11K12xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4312+0.163%$1.6M$695K75x
Coinbase International TIA-PERP-INTX+0.0400%1h0.4378+1.696%$47K$84K50xas long as short
dYdX TIA-USD+0.0491%1h0.4303−0.039%$51K$13910xas long as short