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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0141%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h −0.026%
Price spread now: KuCoin against OKX+0.069%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$810.813% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.069%, 7d avg +0.033%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.036% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TIA-USDT-SWAP0.4361−0.0167get 0.0084% / 4h36m 04s$2.8M$6.0M50x
ShortKuCoin TIAUSDTM0.4364−0.0026pay 0.0013% / 4h36m 04s$4.2M$8.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$29.64
Price spread: +0.069% → +0.033%
$3.61
Slippage, 4 orders
−$59.33
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$48.09
Costs to cover
0.813%
Break-even
18.4 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago1.15 bp14.1 bp −$1444.6 bp −$446doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago2.29 bp29.8 bp −$3085.3 bp −$853doesn'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-SWAPlong−0.0167%4h0.4361long leg$2.8M$6.0M50x
Kraken Futures PF_TIAUSD−0.0163%1h0.4366+0.113%$358K$245K50xas long as short
KuCoin TIAUSDTMshort−0.0026%4h0.4364+0.069%$4.2M$8.7M50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4367+0.138%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4368+0.167%$1K150xas long as short
ApeX Omni TIAUSDT+0.0003%1h0.4366+0.115%$49K$235K50xas long as short
Gate TIA_USDT+0.0070%4h0.4367+0.138%$984K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.4371+0.227%$139K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4365+0.092%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4370+0.202%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4369+0.192%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4364+0.065%$14.5M$42.3M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4363+0.046%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4364+0.069%$13.5M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4363+0.046%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4364+0.069%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4366+0.110%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4363+0.046%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4366+0.115%$65K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4362+0.029%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4366+0.105%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4364+0.058%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.642%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4368+0.161%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4364+0.069%$1.1M$567K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4368+0.150%$36K100xas long as short
dYdX TIA-USD+0.0671%1h0.4369+0.190%$52K$5910xas long as short