Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h −0.013%

Price spread now: Coinbase International against Gate+0.711%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.462%−$46 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.711% dearer against Gate than usual: you sell high and buy low: +$71 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.462%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TIA_USDT	0.4358	0.0082	pay 0.0041% / 4h	25m 19s	$980K	$1.8M	75x
Short	Coinbase International TIA-PERP-INTX	0.4389	0.0208	get 0.0026% / 1h	25m 19s	$51K	$77K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee GatebpFee Coinbase InternationalbpOrdersPrice spread, now +0.711%Rate

Funding earned: $26.46
Price spread: +0.711% → 0.000%: $71.13
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $72.59
Costs to cover: 0.250%
Break-even: from the start

Slippage unknown: Gate: live order book, 2 min ago; Coinbase International: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	5.72 bp	23.5 bp −$23	65.4 bp −$654	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TIA-USDT-SWAP	−0.0187%	4h	0.4354	−0.092%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0163%	1h	0.4361	+0.073%	$358K	$246K	50x	as long as short
KuCoin TIAUSDTM	−0.0040%	4h	0.4355	−0.069%	$4.2M	$8.7M	50x	as long as short
ApeX Omni TIAUSDT	−0.0008%	1h	0.4365	+0.161%	$49K	$235K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4360	+0.046%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4359	+0.029%	$1K	—	150x	as long as short
Gate TIA_USDTlong	+0.0082%	4h	0.4358	long leg	$980K	$1.8M	75x
Lighter TIA	+0.0096%	1h	0.4361	+0.069%	$139K	$362K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4358	0.000%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4362	+0.085%	$4.3M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4359	+0.020%	$34K	$268K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4359	+0.023%	$14.5M	$42.4M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4354	−0.092%	$9.5M	$13.2M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4356	−0.046%	$13.3M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4354	−0.092%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4356	−0.046%	—	$99.1M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4358	−0.011%	$101K	$153K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4362	+0.092%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4363	+0.115%	$65K	$43K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4351	−0.149%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4358	−0.001%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4355	−0.079%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0208%	1h	0.4389	+0.711%	$51K	$77K	50x
Injective TIA/USDC PERP	+0.0210%	1h	0.4367	+0.207%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4364	+0.138%	$1.2M	$572K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0459% / S −0.3505%	1h	0.4358	+0.009%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0721%	1h	0.4356	−0.040%	$52K	$59	10x	as long as short