Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0329%/8h= −36.0% APRpaid last 24h +0.496%

Price spread now: GMX against Gate+0.149%7-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 GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. GMX is 0.149% dearer against Gate than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TIA_USDT	0.4360	0.0100	pay 0.0050% / 4h	1h 51m	$999K	$1.7M	75x
Short	GMX TIA/USD [ETH-USDC]	0.4366	L −0.5414% / S +0.0229%	pay 0.0029% / 1h	51m 36s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.149%Rate

Funding earned: −$69.11
Price spread: +0.149% → 0.000%: $14.89
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: −$81.22
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 4 min ago; GMX: 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, 4 min ago	1.14 bp	28.1 bp −$28	91.2 bp −$912	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX TIA/USD [ETH-USDC]short	L −0.5414% / S +0.0229%	1h	0.4366	+0.149%	$5K	—	100x
Bybit TIAUSDT	−0.0291%	4h	0.4359	−0.023%	$9.6M	$14.4M	50x	as long as short
Injective TIA/USDC PERP	−0.0275%	1h	0.4374	+0.321%	$83K	$165K	12x	as long as short
Deribit TIA_USDC-PERPETUAL	−0.0208%	1h	0.4365	+0.115%	$32K	$20K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4374	+0.310%	$1K	—	150x	as long as short
dYdX TIA-USD	+0.0046%	1h	0.4362	+0.046%	$52K	$139	10x	as long as short
Variational Omni TIA	+0.0082%	4h	0.4376	+0.376%	$102K	$100K	—	as long as short
Kraken Futures PF_TIAUSD	+0.0083%	1h	0.4369	+0.199%	$366K	$215K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4364	+0.080%	$153K	$471K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4363	+0.069%	$6K	$187K	10x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4366	+0.135%	$4.6M	$1.7M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4364	+0.082%	$31K	$238K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4361	+0.023%	$14.0M	$48.7M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4359	−0.023%	$2.7M	$6.7M	50x	as long as short
Gate TIA_USDTlong	+0.0100%	4h	0.4360	long leg	$999K	$1.7M	75x
MEXC TIA_USDT	+0.0100%	4h	0.4360	0.000%	$10.5M	$14.4M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4359	−0.023%	$4.2M	$10.4M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4357	−0.069%	$4.4M	$4.2M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4359	−0.023%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4366	+0.135%	$101K	$176K	10x	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4370	+0.229%	$50K	$218K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4367	+0.161%	$58K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4357	−0.068%	$55K	$210K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4363	+0.058%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4359	−0.023%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4373	+0.298%	$1.5M	$687K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4407	+1.078%	$53K	$109K	50x	as long as short