Funding arb · Price arb /

TIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Hyperliquid−0.160%48s7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.160% cheaper against Hyperliquid than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid TIA	0.4318	0.0100	pay 0.0013% / 1h	30m 27s	$4.6M	$1.4M	5x
Short	HTX TIA-USDT	0.4311	0.0100	get 0.0050% / 4h	2h 30m	$57K	$73K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee HyperliquidbpFee HTXbpOrdersPrice spread, now −0.160%Rate

Funding earned: $0
Price spread: −0.160% → 0.000%: −$15.98
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$36.98
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 1 min ago; HTX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 1 min ago	0.46 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

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
Deribit TIA_USDC-PERPETUAL	−0.0214%	1h	0.4310	−0.183%	$30K	$25K	25x	as long as short
ApeX Omni TIAUSDT	−0.0021%	1h	0.4310	−0.183%	$49K	$227K	50x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4313	−0.113%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4310	−0.174%	$149K	$428K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4310	−0.183%	$6K	$271K	10x	as long as short
Hyperliquid TIAlong	+0.0100%	1h	0.4318	long leg	$4.6M	$1.4M	5x
Aster TIAUSDT	+0.0100%	4h	0.4315	−0.074%	$33K	$243K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4310	−0.179%	$13.5M	$44.2M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4309	−0.206%	$9.6M	$13.8M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4312	−0.137%	$2.7M	$6.3M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4313	−0.113%	$967K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4313	−0.113%	$10.3M	$6.5M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4306	−0.276%	$4.1M	$9.4M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4312	−0.137%	$4.4M	$3.7M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4309	−0.206%	—	$103.1M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4309	−0.218%	$99K	$174K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4306	−0.268%	$100K	$51K	—	as long as short
HTX TIA-USDTshort	+0.0100%	4h	0.4311	−0.160%	$57K	$73K	50x
Extended TIA-USD	+0.0104%	1h	0.4304	−0.314%	$55K	$212K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4309	−0.206%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4312	−0.139%	$6K	—	15x	as long as short
Kraken Futures PF_TIAUSD	+0.0194%	1h	0.4313	−0.117%	$342K	$205K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0204% / S +0.0050%	1h	0.4312	−0.127%	$6K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0237%	1h	0.4317	−0.021%	$25K	$11K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4305	−0.299%	$1.6M	$694K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4378	+1.392%	$47K	$84K	50x	as long as short
dYdX TIA-USD	+0.0502%	1h	0.4309	−0.199%	$51K	$139	10x	as long as short