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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0171%/8h= −18.8% APRnext payment $0.21 per $10,000 · paid last 24h 0.000%
Price spread now: Hyperliquid against Injective−0.005%93s7-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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TIA/USDC PERP0.43510.0271pay 0.0034% / 1h59m 42s$25K$11K12x
ShortHyperliquid TIA0.43510.0100get 0.0013% / 1h59m 42s$4.6M$1.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$35.99
Price spread: −0.005% → 0.000%
−$0.46
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$45.47
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 2 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 Hyperliquid live order book, 2 min ago1.04 bp5.5 bp −$6doesn't fitdoesn'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
ApeX Omni TIAUSDT−0.0045%1h0.4340−0.253%$50K$229K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.43510.000%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4348−0.071%$1K150xas long as short
Lighter TIA+0.0096%1h0.4355+0.080%$154K$419K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4347−0.092%$5K$262K10xas long as short
Hyperliquid TIAshort+0.0100%1h0.4351−0.005%$4.6M$1.4M5x
Aster TIAUSDT+0.0100%4h0.4347−0.088%$33K$244K10xas long as short
Binance TIAUSDT+0.0100%4h0.4345−0.128%$13.7M$44.0M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4345−0.138%$9.8M$13.7M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4344−0.161%$2.7M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4347−0.092%$984K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4346−0.115%$10.6M$6.6M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4344−0.161%$4.2M$9.3M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4347−0.092%$4.4M$3.7M75xas long as short
BingX TIA-USDC+0.0100%4h0.4346−0.115%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4349−0.039%$101K$172K10xas long as short
Variational Omni TIA+0.0100%4h0.4340−0.259%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4346−0.115%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4343−0.182%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4347−0.090%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4347−0.095%$6K15xas long as short
Injective TIA/USDC PERPlong+0.0271%1h0.4351long leg$25K$11K12x
Kraken Futures PF_TIAUSD+0.0333%1h0.4347−0.090%$345K$205K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4340−0.253%$1.7M$701K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0359% / S −0.0613%1h0.4349−0.055%$23K100xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4359+0.184%$47K$84K50xas long as short
dYdX TIA-USD+0.0484%1h0.4344−0.161%$52K$13910xas long as short