After costs, if the gap returns to its 7d average, $10k−$79
spread now−0.209%7d average−0.101%fees + slippage, in and out−$68spread needed0.677%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4298 | −0.0136 | get 0.0017% / 1h | 11m 09s | $347K | $212K | 50x |
| Short | Bybit TIAUSDT | 0.4289 | 0.0100 | get 0.0050% / 4h | 2h 11m | $9.1M | $12.0M | 50x |
Kraken Futures PF_TIAUSD
Bybit TIAUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$20.93
- Funding while held
- $7.08
- Slippage, 4 orders
- −$46.74
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$81.58
- Spread needed to break even
- 0.677%
Slippage from Kraken Futures: live order book, 28 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0236%
- Per $10,000 a day
- +$7.08
- Average in range /8h
- —
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 Kraken Futures live order book, 28 min ago | 4.58 bp | 13.5 bp −$13 | 56.7 bp −$567 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.16 bp | 14.4 bp −$14 | 42.9 bp −$429 | 144.5 bp −$14.5K | doesn't fit |
TIA price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.4289cheapest
OKX0.4292+0.070%Gate0.4292+0.070%BingX0.4292+0.070%Extended0.4292+0.081%Bitget0.4293+0.093%KuCoin0.4294+0.117%Backpack0.4294+0.119%MEXC0.4295+0.140%Reya0.4295+0.142%Binance0.4295+0.149%Aster0.4297+0.184%Lighter0.4298+0.205%Aevo0.4298+0.206%
OKX
Gate
BingX
Extended
Bitget
KuCoin
Backpack
MEXC
Reya
Binance
Aster
Lighter
AevoKraken Futures0.4298+0.210%
gTrade (Gains Network)0.4299+0.233%Orderly0.4299+0.233%Deribit0.4299+0.233%GMX0.4300+0.251%Hyperliquid0.4300+0.259%HTX0.4302+0.303%dYdX0.4306+0.404%ApeX Omni0.4308+0.443%BloFin0.4309+0.466%Coinbase International0.4314+0.583%Injective0.4316+0.630%Variational Omni0.4323+0.790%
gTrade (Gains Network)
Orderly
Deribit
GMX
Hyperliquid
HTX
dYdX
ApeX Omni
BloFin
Coinbase International
Injective
Variational OmniTIA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit TIAUSDTshort | −0.209% | +0.0100% | 4h | $9.1M | $12.0M | 50x | |
| OKX TIA-USDT-SWAP | −0.139% | +0.0100% | 4h | $2.7M | $5.6M | 50x | as long as short |
| Gate TIA_USDT | −0.139% | +0.0100% | 4h | $999K | $1.8M | 75x | as long as short |
| BingX TIA-USDT | −0.139% | +0.0100% | 4h | — | $98.8M | — | as long as short |
| Extended TIA-USD | −0.129% | +0.0104% | 1h | $98K | $140K | 25x | as long as short |
| Bitget TIAUSDT | −0.116% | +0.0100% | 4h | $4.4M | $3.5M | 75x | as long as short |
| KuCoin TIAUSDTM | −0.093% | +0.0074% | 4h | $4.1M | $9.3M | 50x | as long as short |
| Backpack TIA_USDC_PERP | −0.091% | −0.0042% | 1h | $98K | $150K | 10x | as long as short |
| MEXC TIA_USDT | −0.070% | +0.0100% | 4h | $8.9M | $6.2M | 300x | as long as short |
| Reya TIARUSDPERP | −0.068% | +0.0177% | 1h | $6K | — | 15x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | −0.060% | +0.0100% | 4h | $13.9M | $40.1M | 75x | as long as short |
| Aster TIAUSDT | −0.026% | +0.0100% | 4h | $26K | $276K | 10x | as long as short |
| Lighter TIA | −0.005% | +0.0096% | 1h | $143K | $342K | 10x | as long as short |
| Aevo TIA-PERP | −0.004% | +0.0104% | 1h | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSDlong | 0.000% | −0.0136% | 1h | $347K | $212K | 50x | |
| gTrade (Gains Network) TIA/USD | +0.023% | L +0.0002% / S 0.0000% | 1h | $1K | — | 150x | as long as short |
| Orderly PERP_TIA_USDC | +0.023% | +0.0098% | 4h | $5K | $357K | 10x | as long as short |
| Deribit TIA_USDC-PERPETUAL | +0.023% | 0.0000% | 1h | $36K | $24K | 25x | as long as short |
| GMX TIA/USD [ETH-USDC] | +0.041% | L +0.0353% / S −0.2122% | 1h | $22K | — | 100x | as long as short |
| Hyperliquid TIA | +0.049% | +0.0100% | 1h | $4.2M | $1.5M | 5x | as long as short |
| HTX TIA-USDT | +0.093% | +0.0100% | 4h | $73K | $18K | 50x | as long as short |
| dYdX TIA-USD | +0.194% | +0.0858% | 1h | $51K | $59 | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.233% | −0.0224% | 1h | $48K | $232K | 50x | as long as short |
| BloFin TIA-USDT | +0.256% | +0.0340% | 4h | $840K | $479K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.372% | +0.0224% | 1h | $48K | $69K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.419% | +0.0410% | 1h | $27K | $61K | 12x | as long as short |
| Variational Omni TIA | +0.579% | +0.0100% | 4h | $95K | $80K | — | as long as short |