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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%
Price spread now: BloFin against Hyperliquid−0.148%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$550.553% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.279%+$28 on $10k
Price spread, last 3 days (all we have)+0.260%+$26 · spread now −0.148%, 7d avg −0.044%
Together, before fees+0.539%+ Points / potential airdropHyperliquid: Season 2 · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.104% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.044%). If the spread goes back, that is −$10 on $10k: about 35 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.43190.0100pay 0.0013% / 1h11m 05s$4.2M$1.5M5x
ShortBloFin TIA-USDT0.43130.0340get 0.0170% / 4h2h 11m$525K$540K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: −0.148% → −0.044%
−$10.4
Slippage, 4 orders
−$34.33
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$15.33
Costs to cover
0.553%
Break-even
9.1 days
Slippage from Hyperliquid: live order book, 11 min ago; BloFin: live order book, 6 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, 11 min ago0.92 bp18.4 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago2.31 bp8.3 bp −$815.6 bp −$15657.6 bp −$5,758doesn'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−0.0390%1h0.4313−0.148%$355K$239K50xas long as short
Deribit TIA_USDC-PERPETUAL−0.0214%1h0.4313−0.148%$30K$27K25xas long as short
Gate TIA_USDT−0.0068%4h0.4310−0.218%$994K$1.8M75xas long as short
KuCoin TIAUSDTM−0.0042%4h0.4309−0.241%$4.1M$8.6M50xas long as short
Bybit TIAUSDT−0.0041%4h0.4312−0.171%$9.4M$13.0M50xas long as short
OKX TIA-USDT-SWAP−0.0032%4h0.4309−0.241%$2.7M$5.8M50xas long as short
ApeX Omni TIAUSDT−0.0016%1h0.4328+0.199%$49K$236K50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4315−0.113%$1K150xas long as short
Variational Omni TIA+0.0057%4h0.4324+0.114%$101K$85Kas long as short
Lighter TIA+0.0096%1h0.4316−0.074%$127K$353K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0098%4h0.4311−0.194%$5K$360K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4319long leg$4.2M$1.5M5x
Aster TIAUSDT+0.0100%4h0.4315−0.108%$34K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4315−0.102%$14.1M$41.0M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4315−0.102%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4311−0.194%$4.4M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4313−0.148%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4314−0.137%$100K$151K10xas long as short
HTX TIA-USDT+0.0100%4h0.4313−0.148%$64K$38K50xas long as short
Extended TIA-USD+0.0104%1h0.4310−0.224%$58K$165K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4311−0.183%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4310−0.227%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4345+0.593%$48K$72K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4331+0.269%$26K$10K12xas long as short
BloFin TIA-USDTshort+0.0340%4h0.4313−0.148%$525K$540K75x
GMX TIA/USD [ETH-USDC]L +0.0456% / S −0.3505%1h0.4314−0.132%$35K100xas long as short
dYdX TIA-USD+0.0806%1h0.4316−0.087%$51K$5910xas long as short