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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0144%/8h= −15.8% APRnext payment $0.18 per $10,000 · paid last 24h −0.032%
Price spread now: ApeX Omni against Injective−0.091%108s7-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 4 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 −$4 a day on $10k at the current rate, and ApeX Omni is 0.091% cheaper against Injective than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TIA/USDC PERP0.43750.0237pay 0.0030% / 1h49m 33s$25K$11K12x
ShortApeX Omni TIAUSDT0.43710.0093get 0.0012% / 1h49m 33s$50K$228K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
−$30.23
Price spread: −0.091% → 0.000%
−$9.14
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$49.39
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 62 min ago. 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 Injective no order-book sample
Sell ApeX Omni live order book, 62 min ago7.90 bp15.4 bp −$15101.7 bp −$1,017doesn't fitdoesn't fit
Injective: 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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4373−0.046%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4375+0.009%$1K150xas long as short
ApeX Omni TIAUSDTshort+0.0093%1h0.4371−0.091%$50K$228K50x
Lighter TIA+0.0096%1h0.4377+0.041%$155K$422K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4371−0.091%$5K$263K10xas long as short
Hyperliquid TIA+0.0100%1h0.4376+0.023%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4372−0.061%$33K$244K10xas long as short
Binance TIAUSDT+0.0100%4h0.4371−0.091%$13.8M$44.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4369−0.137%$9.8M$13.8M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4368−0.160%$2.8M$6.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4372−0.069%$985K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4372−0.069%$10.7M$6.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4369−0.137%$4.2M$9.4M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4370−0.114%$4.5M$3.7M75xas long as short
BingX TIA-USDT+0.0100%4h0.4371−0.091%$103.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4371−0.087%$102K$173K10xas long as short
Variational Omni TIA+0.0100%4h0.4372−0.075%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4374−0.023%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4368−0.153%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4370−0.103%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4369−0.135%$6K15xas long as short
Kraken Futures PF_TIAUSD+0.0192%1h0.4374−0.031%$347K$206K50xas long as short
Injective TIA/USDC PERPlong+0.0237%1h0.4375long leg$25K$11K12x
BloFin TIA-USDT+0.0340%4h0.4373−0.046%$1.7M$705K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0360% / S −0.0613%1h0.4375+0.006%$24K100xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4378+0.069%$47K$84K50xas long as short
dYdX TIA-USD+0.0409%1h0.4370−0.109%$52K$13910xas long as short