TIA arbitrage explained
Right now Celestia (TIA) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $0.4498 and the highest bid on Binance spot at $0.4537.
The widest TIA perpetual spread is between Binance and OKX: long TIA on Binance at $0.4498 and short on OKX at $0.4529 for +0.69% gross, or +0.53% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.020% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best TIA route is to buy spot on Gate and short the perpetual on OKX: +0.15% gross, -0.05% net, with +0.007% a day of funding on the short leg.
Spot–spot TIA arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows +0.33% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small TIA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: TIA funding rates · TIA spread charts · Celestia price · arbitrage scanner for all coins.