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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid−0.061%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days+0.072%+$7 · spread now −0.061%, 7d avg −0.037%
Together, before fees+0.088%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.024% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.43430.0100pay 0.0013% / 1h23m 00s$4.2M$1.5M5x
ShortBinance TIAUSDT0.43400.0100get 0.0050% / 4h2h 23m$14.1M$41.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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
$0
Price spread: −0.061% → −0.037%
−$2.37
Slippage, 4 orders
−$26.64
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$48.01
Costs to cover
0.456%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago0.93 bp12.1 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.15 bp9.8 bp −$1030.9 bp −$309121.4 bp −$12.1Kdoesn't fit

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
Kraken Futures PF_TIAUSD−0.0388%1h0.4339−0.083%$357K$239K50xas long as short
Deribit TIA_USDC-PERPETUAL−0.0211%1h0.4337−0.136%$30K$27K25xas long as short
Bybit TIAUSDT−0.0178%4h0.4337−0.136%$9.4M$13.0M50xas long as short
ApeX Omni TIAUSDT−0.0079%1h0.4329−0.320%$49K$235K50xas long as short
Gate TIA_USDT−0.0038%4h0.4338−0.113%$1.0M$1.8M75xas long as short
OKX TIA-USDT-SWAP−0.0026%4h0.4336−0.159%$2.7M$5.8M50xas long as short
KuCoin TIAUSDTM−0.0006%4h0.4334−0.205%$4.2M$8.6M50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4339−0.079%$1K150xas long as short
Variational Omni TIA+0.0039%4h0.4337−0.128%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4341−0.041%$128K$353K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0099%4h0.4336−0.159%$5K$360K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4343long leg$4.2M$1.5M5x
Aster TIAUSDT+0.0100%4h0.4337−0.141%$35K$272K10xas long as short
Binance TIAUSDTshort+0.0100%4h0.4340−0.061%$14.1M$41.1M75x
MEXC TIA_USDT+0.0100%4h0.4335−0.182%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4333−0.228%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4338−0.113%$101.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4339−0.087%$103K$150K10xas long as short
HTX TIA-USDT+0.0100%4h0.4331−0.274%$68K$28K50xas long as short
Extended TIA-USD+0.0104%1h0.4333−0.229%$58K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4337−0.145%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4336−0.156%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4344+0.025%$48K$72K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4344+0.025%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4340−0.067%$1.0M$543K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4340−0.074%$35K100xas long as short
dYdX TIA-USD+0.0831%1h0.4339−0.092%$52K$5910xas long as short