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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0436%/8h= −47.7% APRnext payment $0.54 per $10,000 · paid last 24h −0.078%
Price spread now: ApeX Omni against GMX+0.533%68s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.533% dearer against GMX than usual: you sell high and buy low (spread +0.533% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4.1 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX TIA/USD [ETH-USDC]0.4427L +0.0495% / S −0.1196%pay 0.0062% / 1h25m 56s$41K100x
ShortApeX Omni TIAUSDT0.44510.0059get 0.0007% / 1h25m 56s$50K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$91.53
Price spread: +0.533% → 0.000%
$53.26
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$60.27
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 35 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 35 min ago6.80 bp14.7 bp −$15109.2 bp −$1,092doesn't fitdoesn't fit
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 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%1h0.4427−0.009%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4428+0.011%$1K150xas long as short
Bybit TIAUSDT+0.0017%4h0.4423−0.100%$9.7M$13.4M50xas long as short
KuCoin TIAUSDTM+0.0022%4h0.4423−0.100%$4.3M$9.0M50xas long as short
ApeX Omni TIAUSDTshort+0.0059%1h0.4451+0.533%$50K$231K50x
Variational Omni TIA+0.0066%4h0.4422−0.132%$104K$85Kas long as short
Kraken Futures PF_TIAUSD+0.0074%1h0.4427−0.013%$362K$205K50xas long as short
OKX TIA-USDT-SWAP+0.0086%4h0.4425−0.055%$2.8M$6.1M50xas long as short
Lighter TIA+0.0096%1h0.4433+0.131%$156K$416K10xas long as short
Hyperliquid TIA+0.0100%1h0.4433+0.135%$4.7M$1.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4428+0.018%$32K$246K10xas long as short
Binance TIAUSDT+0.0100%4h0.4428+0.003%$14.6M$42.8M75xas long as short
Gate TIA_USDT+0.0100%4h0.4428+0.013%$996K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4428+0.013%$12.3M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4425−0.055%$4.5M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4425−0.055%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4429+0.024%$102K$155K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4426−0.032%$5K$316K10xas long as short
HTX TIA-USDT+0.0100%4h0.4421−0.145%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4424−0.081%$56K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4426−0.030%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4425−0.044%$6K15xas long as short
dYdX TIA-USD+0.0227%1h0.4426−0.029%$53K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4425−0.055%$1.4M$718K75xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4460+0.736%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]longL +0.0495% / S −0.1196%1h0.4427long leg$41K100x
Injective TIA/USDC PERP+0.0496%1h0.4444+0.374%$26K$10K12xas long as short