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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0423%/8h= +46.3% APRnext payment +$0.53 per $10,000 · paid last 24h −0.070%
Price spread now: Coinbase International against GMX+0.366%53s7-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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.366% dearer against GMX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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]0.4428L +0.0009% / S +0.0056%pay 0.0001% / 1h36m 26s$6K100x
ShortCoinbase International TIA-PERP-INTX0.44440.0432get 0.0054% / 1h36m 26s$48K$94K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$88.8
Price spread: +0.366% → 0.000%
$36.63
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$103.43
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Coinbase International no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TIAUSDT−0.0129%1h0.4432+0.095%$51K$224K50xas long as short
Kraken Futures PF_TIAUSD−0.0007%1h0.4419−0.189%$350K$203K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4417−0.243%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.44280.000%$1K150xas long as short
GMX TIA/USD [ETH-USDC]longL +0.0009% / S +0.0056%1h0.4428long leg$6K100x
Injective TIA/USDC PERP+0.0014%1h0.4428+0.005%$24K$12K12xas long as short
OKX TIA-USDT-SWAP+0.0045%4h0.4423−0.108%$2.8M$6.7M50xas long as short
Lighter TIA+0.0096%1h0.4424−0.094%$152K$423K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4427−0.018%$7K$233K10xas long as short
Hyperliquid TIA+0.0100%1h0.4425−0.063%$4.7M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4423−0.108%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4426−0.040%$14.0M$47.9M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4424−0.085%$10.0M$14.0M50xas long as short
Gate TIA_USDT+0.0100%4h0.4423−0.108%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4425−0.063%$12.5M$14.0M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4426−0.040%$4.2M$9.9M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4418−0.221%$4.4M$4.1M75xas long as short
BingX TIA-USDC+0.0100%4h0.4423−0.108%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4420−0.167%$102K$170K10xas long as short
Variational Omni TIA+0.0100%4h0.4433+0.110%$103K$46Kas long as short
HTX TIA-USDT+0.0100%4h0.4423−0.108%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4421−0.147%$57K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4425−0.063%$7K3xas long as short
dYdX TIA-USD+0.0159%1h0.4419−0.198%$52K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4422−0.126%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4415−0.289%$1.7M$713K75xas long as short
Coinbase International TIA-PERP-INTXshort+0.0432%1h0.4444+0.366%$48K$94K50x