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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0531%/8h= +58.1% APRpaid last 24h +0.210%
Price spread now: dYdX against Orderly+0.046%7-day average · 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+0.524%+$52 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and dYdX is 0.046% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_TIA_USDC0.43240.0098pay 0.0049% / 4h1h 46m$5K$361K10x
ShortdYdX TIA-USD0.43260.0629get 0.0079% / 1h46m 09s$51K$5910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$111.51
Price spread: +0.046% → 0.000%
$4.63
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
$100.13
Costs to cover
0.160%
Break-even
0.7 days
Slippage unknown: Orderly: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample
Orderly and dYdX: 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
Kraken Futures PF_TIAUSD−0.0229%1h0.4328+0.086%$354K$242K50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.43240.000%$4.2M$8.5M50xas long as short
Gate TIA_USDT−0.0020%4h0.4323−0.023%$994K$1.8M75xas long as short
OKX TIA-USDT-SWAP−0.0017%4h0.4321−0.069%$2.7M$5.9M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.43240.000%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4325+0.023%$1K150xas long as short
Bybit TIAUSDT+0.0043%4h0.4321−0.069%$9.5M$13.2M50xas long as short
Variational Omni TIA+0.0087%4h0.4307−0.402%$101K$84Kas long as short
Lighter TIA+0.0096%1h0.4329+0.106%$128K$351K10xas long as short
Orderly PERP_TIA_USDClong+0.0098%4h0.4324long leg$5K$361K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4330+0.146%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4326+0.043%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4324+0.002%$14.6M$41.7M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4325+0.023%$14.1M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.43240.000%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.43240.000%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4324+0.009%$100K$150K10xas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4314−0.231%$49K$237K50xas long as short
HTX TIA-USDT+0.0100%4h0.4303−0.486%$64K$41K50xas long as short
Extended TIA-USD+0.0104%1h0.4322−0.051%$57K$171K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4324−0.010%$7K3xas long as short
Injective TIA/USDC PERP+0.0106%1h0.4330+0.139%$26K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4320−0.093%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0216%1h0.4330+0.139%$47K$74K50xas long as short
BloFin TIA-USDT+0.0340%4h0.43240.000%$1.0M$548K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0457% / S −0.3505%1h0.4323−0.021%$35K100xas long as short
dYdX TIA-USDshort+0.0629%1h0.4326+0.046%$51K$5910x