Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: Backpack against Aster+0.112%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$820.820% of the position
Funding, last 5 days (all we have)−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−0.538%−$54 · spread now +0.112%, 7d avg −0.038%
=Together, before fees−0.615%+ Points / potential airdropAster: Stage 5 · farm board−$62 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.150% dearer against Aster than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TIAUSDT | 0.4412 | 0.0100 | pay 0.0050% / 4h | 55m 55s | $32K | $245K | 10x |
| Short | Backpack TIA_USDC_PERP | 0.4417 | 0.0100 | get 0.0013% / 1h | 55m 55s | $102K | $155K | 10x |
Aster TIAUSDT
Backpack TIA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.112% → −0.038%
- $14.98
- Slippage, 4 orders
- −$64
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$67.02
- Costs to cover
- 0.820%
- Break-even
- never at this rate
Slippage from Aster: live order book, 66 min ago; Backpack: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 66 min ago | 2.27 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 2 min ago | 1.94 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.0124% | 4h | 0.4409 | −0.063% | $9.7M | $13.4M | 50x | as long as short |
| Variational Omni TIA | −0.0069% | 4h | 0.4411 | −0.023% | $103K | $85K | — | as long as short |
| KuCoin TIAUSDTM | −0.0010% | 4h | 0.4408 | −0.085% | $4.3M | $9.0M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4416 | +0.096% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4415 | +0.074% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0043% | 1h | 0.4397 | −0.335% | $50K | $231K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4420 | +0.198% | $156K | $417K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4414 | +0.051% | $5K | $283K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4419 | +0.173% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDTlong | +0.0100% | 4h | 0.4412 | long leg | $32K | $245K | 10x |
Bybit TIAUSDT
Variational Omni TIA
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4414 | +0.051% | $14.4M | $42.9M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4409 | −0.063% | $2.8M | $6.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4416 | +0.096% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4408 | −0.085% | $12.0M | $6.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4413 | +0.028% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4412 | +0.005% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERPshort | +0.0100% | 1h | 0.4417 | +0.112% | $102K | $155K | 10x | |
| HTX TIA-USDT | +0.0100% | 4h | 0.4400 | −0.267% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4408 | −0.096% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4415 | +0.071% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0165% | 1h | 0.4411 | −0.008% | $360K | $196K | 50x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4409 | −0.066% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0195% | 1h | 0.4408 | −0.080% | $52K | $199 | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4390 | −0.493% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4389 | −0.516% | $1.6M | $717K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0384% | 1h | 0.4415 | +0.073% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0494% / S −0.1196% | 1h | 0.4414 | +0.060% | $40K | — | 100x | as long as short |
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Kraken Futures PF_TIAUSD
Reya TIARUSDPERP
dYdX TIA-USD
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]