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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against OKX+0.045%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 7 days−0.016%−$2 · spread now +0.045%, 7d avg −0.011%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.056% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TIA-USDT-SWAP0.44330.0043pay 0.0022% / 4h19m 16s$2.8M$6.7M50x
ShortBitget TIAUSDT0.44350.0100get 0.0050% / 4h19m 16s$4.4M$4.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$11.88
Price spread: +0.045% → −0.011%
$5.61
Slippage, 4 orders
−$42.41
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$46.92
Costs to cover
0.644%
Break-even
34.7 days
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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 OKX live order book, 4 min ago1.13 bp17.3 bp −$1763.6 bp −$636doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.13 bp17.2 bp −$1737.5 bp −$375doesn'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
GMX TIA/USD [ETH-USDC]L −0.0759% / S +0.0078%1h0.4426−0.159%$6K100xas long as short
ApeX Omni TIAUSDT−0.0129%1h0.4420−0.293%$51K$225K50xas long as short
Kraken Futures PF_TIAUSD−0.0007%1h0.4435+0.038%$349K$205K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4437+0.090%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4436+0.066%$1K150xas long as short
Injective TIA/USDC PERP+0.0014%1h0.4428−0.113%$24K$12K12xas long as short
OKX TIA-USDT-SWAPlong+0.0043%4h0.4433long leg$2.8M$6.7M50x
Lighter TIA+0.0096%1h0.4440+0.162%$153K$424K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4436+0.068%$7K$232K10xas long as short
Hyperliquid TIA+0.0100%1h0.4443+0.217%$4.8M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4433+0.009%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4436+0.068%$14.0M$48.2M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4435+0.045%$10.1M$14.0M50xas long as short
Gate TIA_USDT+0.0100%4h0.4436+0.068%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4438+0.113%$12.5M$14.1M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4436+0.068%$4.2M$10.0M50xas long as short
Bitget TIAUSDTshort+0.0100%4h0.4435+0.045%$4.4M$4.1M75x
BingX TIA-USDT+0.0100%4h0.4434+0.023%$103.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4426−0.149%$102K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4423−0.232%$135K$78Kas long as short
HTX TIA-USDT+0.0100%4h0.4432−0.023%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4432−0.015%$57K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4435+0.045%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4435+0.048%$6K15xas long as short
dYdX TIA-USD+0.0230%1h0.4428−0.108%$53K$13910xas long as short
BloFin TIA-USDT+0.0340%4h0.4430−0.068%$1.7M$715K75xas long as short
Coinbase International TIA-PERP-INTX+0.0432%1h0.4443+0.226%$52K$103K50xas long as short