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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: OKX against Hyperliquid−0.203%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$570.573% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days+0.188%+$19 · spread now −0.203%, 7d avg −0.089%
Together, before fees+0.154%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 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: OKX is 0.114% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid TIA0.44330.0100pay 0.0013% / 1h11m 44s$4.7M$1.6M5x
ShortOKX TIA-USDT-SWAP0.44240.0100get 0.0050% / 4h1h 11m$2.8M$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.203% → −0.089%
−$11.41
Slippage, 4 orders
−$38.29
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$68.7
Costs to cover
0.573%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; OKX: live order book, 1 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, 10 min ago0.56 bp19.0 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.13 bp14.4 bp −$1447.3 bp −$473doesn't fitdoesn'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
Bybit TIAUSDT−0.0070%4h0.4422−0.248%$9.7M$13.5M50xas long as short
KuCoin TIAUSDTM−0.0010%4h0.4422−0.248%$4.3M$9.0M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4429−0.090%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4430−0.071%$1K150xas long as short
Variational Omni TIA+0.0020%4h0.4430−0.076%$104K$85Kas long as short
Kraken Futures PF_TIAUSD+0.0074%1h0.4433−0.011%$362K$204K50xas long as short
Lighter TIA+0.0096%1h0.4436+0.077%$156K$416K10xas long as short
Hyperliquid TIAlong+0.0100%1h0.4433long leg$4.7M$1.6M5x
Aster TIAUSDT+0.0100%4h0.4431−0.038%$32K$246K10xas long as short
Binance TIAUSDT+0.0100%4h0.4430−0.068%$14.6M$42.9M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TIA-USDT-SWAPshort+0.0100%4h0.4424−0.203%$2.8M$6.2M50x
Gate TIA_USDT+0.0100%4h0.4427−0.135%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4425−0.180%$12.2M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4424−0.203%$4.5M$3.4M75xas long as short
BingX TIA-USDC+0.0100%4h0.4426−0.158%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4426−0.158%$102K$154K10xas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4445+0.271%$50K$231K50xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4427−0.135%$5K$304K10xas long as short
HTX TIA-USDT+0.0100%4h0.44330.000%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4423−0.234%$56K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4428−0.115%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4425−0.185%$6K15xas long as short
dYdX TIA-USD+0.0204%1h0.4429−0.088%$53K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4434+0.023%$553K$719K75xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4443+0.226%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4430−0.076%$41K100xas long as short
Injective TIA/USDC PERP+0.0496%1h0.4435+0.045%$26K$10K12xas long as short