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

TIA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.050%
Price spread now: Deribit against HTX−0.045%7-day average · you buy dearer than you sell
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 5 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.045% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TIA-USDT0.44750.0100pay 0.0050% / 4h3h 27m$60K$76K50x
ShortDeribit TIA_USDC-PERPETUAL0.44730get 0.0000% / 1h27m 11s$31K$25K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$21
Price spread: −0.045% → 0.000%
−$4.47
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$44.47
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Deribit: 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 HTX no order-book sample
Sell Deribit no order-book sample
HTX and Deribit: 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
GMX TIA/USD [ETH-USDC]L −0.2857% / S +0.0143%1h0.4471−0.096%$6K100xas long as short
Kraken Futures PF_TIAUSD−0.0112%1h0.4472−0.074%$352K$221K50xas long as short
ApeX Omni TIAUSDT−0.0034%1h0.4463−0.268%$51K$224K50xas long as short
Deribit TIA_USDC-PERPETUALshort0.0000%1h0.4473−0.045%$31K$25K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4465−0.225%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0007%4h0.4464−0.246%$2.8M$7.0M50xas long as short
Injective TIA/USDC PERP+0.0048%1h0.4464−0.246%$45K$53K12xas long as short
Lighter TIA+0.0096%1h0.4479+0.080%$194K$469K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4472−0.067%$7K$217K10xas long as short
Hyperliquid TIA+0.0100%1h0.4474−0.031%$4.9M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4469−0.144%$33K$249K10xas long as short
Binance TIAUSDT+0.0100%4h0.4469−0.133%$14.4M$49.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4464−0.246%$10.1M$14.6M50xas long as short
Gate TIA_USDT+0.0100%4h0.4469−0.134%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4469−0.134%$11.5M$14.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4469−0.134%$4.3M$10.1M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4465−0.223%$4.4M$4.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4466−0.201%$13.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4469−0.139%$103K$178K10xas long as short
Variational Omni TIA+0.0100%4h0.4465−0.218%$136K$78Kas long as short
HTX TIA-USDTlong+0.0100%4h0.4475long leg$60K$76K50x
Extended TIA-USD+0.0104%1h0.4467−0.185%$56K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4472−0.062%$7K3xas long as short
dYdX TIA-USD+0.0106%1h0.4471−0.085%$53K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4463−0.261%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4476+0.022%$1.7M$770K75xas long as short
Coinbase International TIA-PERP-INTX+0.0416%1h0.4477+0.045%$53K$107K50xas long as short