Funding arb · Price arb /

TIA

all TIA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.014%

Price spread now: Coinbase International against HTX+0.045%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.621%−$62 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 +$9 a day on $10k at the current rate, and Coinbase International is 0.045% dearer against HTX than usual: you sell high and buy low: +$4 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 −0.621%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TIA-USDT	0.4475	0.0100	pay 0.0050% / 4h	3h 27m	$60K	$76K	50x
Short	Coinbase International TIA-PERP-INTX	0.4477	0.0416	get 0.0052% / 1h	27m 06s	$53K	$107K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against HTX. 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 HTXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.045%Rate

Funding earned: $66.36
Price spread: +0.045% → 0.000%: $4.47
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $48.83
Costs to cover: 0.220%
Break-even: 1.8 days

Slippage unknown: HTX: no order-book sample; Coinbase International: live order book, 61 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 61 min ago	19.18 bp	36.4 bp −$36	doesn't fit	doesn't fit	doesn't fit

HTX: 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
GMX TIA/USD [ETH-USDC]	L −0.2857% / S +0.0143%	1h	0.4471	−0.096%	$6K	—	100x	as long as short
Kraken Futures PF_TIAUSD	−0.0112%	1h	0.4472	−0.074%	$352K	$221K	50x	as long as short
ApeX Omni TIAUSDT	−0.0034%	1h	0.4463	−0.268%	$51K	$224K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4473	−0.045%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4465	−0.225%	$1K	—	150x	as long as short
OKX TIA-USDT-SWAP	+0.0007%	4h	0.4464	−0.246%	$2.8M	$7.0M	50x	as long as short
Injective TIA/USDC PERP	+0.0048%	1h	0.4464	−0.246%	$45K	$53K	12x	as long as short
Lighter TIA	+0.0096%	1h	0.4479	+0.080%	$194K	$469K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4472	−0.067%	$7K	$217K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4474	−0.031%	$4.9M	$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	0.4469	−0.144%	$33K	$249K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4469	−0.133%	$14.4M	$49.4M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4464	−0.246%	$10.1M	$14.6M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4469	−0.134%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4469	−0.134%	$11.5M	$14.4M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4469	−0.134%	$4.3M	$10.1M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4465	−0.223%	$4.4M	$4.1M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4466	−0.201%	—	$13.7M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4469	−0.139%	$103K	$178K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4465	−0.218%	$136K	$78K	—	as long as short
HTX TIA-USDTlong	+0.0100%	4h	0.4475	long leg	$60K	$76K	50x
Extended TIA-USD	+0.0104%	1h	0.4467	−0.185%	$56K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4472	−0.062%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0106%	1h	0.4471	−0.085%	$53K	$139	10x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4463	−0.261%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4476	+0.022%	$1.7M	$770K	75x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0416%	1h	0.4477	+0.045%	$53K	$107K	50x