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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.026%
Price spread now: ApeX Omni against Orderly+0.205%7-day average 0.000% · you sell dearer than you buy
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 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.501%−$50 · spread now +0.205%, 7d avg 0.000%
Together, before fees−0.504%−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.206% dearer against Orderly than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of 0.000%): +$21 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.004% in total) that is about 13 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TIA_USDC0.43850.0100pay 0.0050% / 4h39m 05s$5K$273K10x
ShortApeX Omni TIAUSDT0.4394−0.0028pay 0.0004% / 1h39m 05s$49K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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
−$26.93
Price spread: +0.205% → 0.000%
$20.55
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$22.38
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 17 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 Orderly no order-book sample
Sell ApeX Omni live order book, 17 min ago7.94 bp17.9 bp −$18123.8 bp −$1,238doesn't fitdoesn't fit
Orderly: 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
Variational Omni TIA−0.0081%4h0.4389+0.084%$103K$85Kas long as short
Bybit TIAUSDT−0.0067%4h0.4384−0.023%$9.6M$13.4M50xas long as short
ApeX Omni TIAUSDTshort−0.0028%1h0.4394+0.205%$49K$231K50x
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4387+0.046%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4391+0.135%$1K150xas long as short
KuCoin TIAUSDTM+0.0026%4h0.4384−0.023%$4.2M$9.1M50xas long as short
Lighter TIA+0.0096%1h0.4391+0.137%$155K$418K10xas long as short
Orderly PERP_TIA_USDClong+0.0100%4h0.4385long leg$5K$273K10x
Hyperliquid TIA+0.0100%1h0.4390+0.107%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4386+0.026%$32K$245K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4388+0.061%$14.3M$42.9M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4383−0.046%$2.8M$6.1M50xas long as short
Gate TIA_USDT+0.0100%4h0.4388+0.068%$994K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4384−0.023%$11.9M$6.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.43850.000%$4.4M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4382−0.068%$99.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4385+0.005%$102K$157K10xas long as short
HTX TIA-USDT+0.0100%4h0.4389+0.091%$59K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4381−0.094%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4386+0.014%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0165%1h0.4389+0.086%$359K$194K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4387+0.048%$6K15xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4404+0.433%$26K$10K12xas long as short
dYdX TIA-USD+0.0282%1h0.4391+0.142%$52K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4389+0.091%$1.6M$738K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4406+0.479%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4390+0.125%$40K100xas long as short