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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.105%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$360.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.103%−$10 · spread now +0.105%, 7d avg +0.040%
Together, before fees−0.117%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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: Hyperliquid is 0.065% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TIA_USDT0.43790.0100pay 0.0050% / 4h3h 33m$13.2M$6.7M300x
ShortHyperliquid TIA0.43840.0100get 0.0013% / 1h33m 52s$4.5M$1.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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: +0.105% → +0.040%
$6.51
Slippage, 4 orders
−$26.82
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$29.31
Costs to cover
0.358%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 8 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 MEXC live order book, 5 min ago1.14 bp4.7 bp −$513.9 bp −$13970.0 bp −$7,003134.2 bp −$67.1K
Sell Hyperliquid live order book, 8 min ago0.11 bp9.6 bp −$10doesn't fitdoesn'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
OKX TIA-USDT-SWAP−0.0172%4h0.4374−0.114%$2.8M$5.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4377−0.052%$360K$233K50xas long as short
KuCoin TIAUSDTM−0.0042%4h0.4377−0.046%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.43790.000%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4379−0.007%$1K150xas long as short
ApeX Omni TIAUSDT+0.0041%1h0.4373−0.137%$49K$235K50xas long as short
Lighter TIA+0.0096%1h0.4382+0.071%$140K$359K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4377−0.046%$5K$363K10xas long as short
Hyperliquid TIAshort+0.0100%1h0.4384+0.105%$4.5M$1.5M5x
Aster TIAUSDT+0.0100%4h0.4378−0.017%$34K$249K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4378−0.017%$14.6M$41.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4374−0.114%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4378−0.023%$982K$1.8M75xas long as short
MEXC TIA_USDTlong+0.0100%4h0.4379long leg$13.2M$6.7M300x
Bitget TIAUSDT+0.0100%4h0.4377−0.046%$4.5M$3.2M75xas long as short
BingX TIA-USDT+0.0100%4h0.4376−0.069%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4378−0.014%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4370−0.210%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4377−0.046%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4376−0.077%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4378−0.031%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4376−0.069%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4375−0.093%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.228%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4373−0.137%$1.2M$577K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4378−0.017%$36K100xas long as short
dYdX TIA-USD+0.0860%1h0.4377−0.041%$52K$5910xas long as short