Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.172%
Price spread now: dYdX against Backpack+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.595%+$59 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.040% dearer against Backpack than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TIA_USDC_PERP | 0.4419 | 0.0100 | pay 0.0013% / 1h | 46m 38s | $102K | $170K | 10x |
| Short | dYdX TIA-USD | 0.4421 | 0.0167 | get 0.0021% / 1h | 46m 38s | $53K | $139 | 10x |
Backpack TIA_USDC_PERP
dYdX TIA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Backpack. 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
- $14.13
- Price spread: +0.040% → 0.000%
- $3.98
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$1.88
- Costs to cover
- 0.200%
- Break-even
- 7.9 days
Slippage unknown: Backpack: live order book, 56 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 56 min ago | 1.95 bp | 13.5 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | −0.0202% | 1h | 0.4421 | +0.036% | $31K | $25K | 25x | as long as short |
| ApeX Omni TIAUSDT | −0.0113% | 1h | 0.4410 | −0.213% | $51K | $224K | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0007% | 1h | 0.4417 | −0.063% | $350K | $202K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4423 | +0.081% | $1K | — | 150x | as long as short |
| Injective TIA/USDC PERP | +0.0014% | 1h | 0.4427 | +0.172% | $24K | $12K | 12x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0025% / S +0.0055% | 1h | 0.4423 | +0.076% | $6K | — | 100x | as long as short |
| OKX TIA-USDT-SWAP | +0.0040% | 4h | 0.4419 | −0.009% | $2.8M | $6.6M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4426 | +0.149% | $153K | $422K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4422 | +0.059% | $7K | $240K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4425 | +0.134% | $4.7M | $1.5M | 5x | as long as short |
Deribit TIA_USDC-PERPETUAL
ApeX Omni TIAUSDT
Kraken Futures PF_TIAUSD
gTrade (Gains Network) TIA/USD
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]
OKX TIA-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4420 | +0.008% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4421 | +0.036% | $13.9M | $47.7M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4418 | −0.032% | $10.0M | $13.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4423 | +0.081% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4421 | +0.036% | $12.7M | $14.0M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4419 | −0.009% | $4.2M | $9.9M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4418 | −0.032% | $4.4M | $3.9M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4419 | −0.009% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERPlong | +0.0100% | 1h | 0.4419 | long leg | $102K | $170K | 10x | |
| Variational Omni TIA | +0.0100% | 4h | 0.4390 | −0.673% | $102K | $50K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4424 | +0.104% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4418 | −0.042% | $56K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4421 | +0.027% | $7K | — | 3x | as long as short |
| dYdX TIA-USDshort | +0.0167% | 1h | 0.4421 | +0.040% | $53K | $139 | 10x | |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4421 | +0.043% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4422 | +0.059% | $1.7M | $714K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0432% | 1h | 0.4427 | +0.172% | $48K | $87K | 50x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX