Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%
Price spread now: Extended against Backpack−0.334%48s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.601%+$60 · spread now −0.334%, 7d avg −0.068%
=Together, before fees+0.560%+ Points / potential airdropExtended: Active · farm board+$56 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: Extended is 0.266% cheaper against Backpack than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.068%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TIA_USDC_PERP | 0.4304 | 0.0100 | pay 0.0013% / 1h | 58m 15s | $99K | $157K | 10x |
| Short | Extended TIA-USD | 0.4290 | 0.0104 | get 0.0013% / 1h | 58m 15s | $71K | $156K | 25x |
Backpack TIA_USDC_PERP
Extended TIA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.334% → −0.068%
- −$26.61
- Slippage, 4 orders
- −$22.14
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$62.9
- Costs to cover
- 0.371%
- Break-even
- 531.2 days
Slippage from Backpack: live order book, 29 min ago; Extended: live order book, 27 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 Backpack live order book, 29 min ago | 1.04 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 27 min ago | 3.47 bp | 6.8 bp −$7 | 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 | −0.0396% | 4h | 0.4291 | −0.300% | $9.3M | $13.1M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0392% | 1h | 0.4296 | −0.193% | $353K | $239K | 50x | as long as short |
| Gate TIA_USDT | −0.0134% | 4h | 0.4296 | −0.184% | $997K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0113% | 1h | 0.4298 | −0.137% | $48K | $235K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4296 | −0.184% | $36K | $22K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4298 | −0.147% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0004% | 4h | 0.4297 | −0.160% | $4.1M | $8.7M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0012% | 4h | 0.4289 | −0.346% | $2.7M | $5.8M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4299 | −0.118% | $127K | $353K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4296 | −0.184% | $5K | $359K | 10x | as long as short |
Bybit TIAUSDT
Kraken Futures PF_TIAUSD
Gate TIA_USDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4304 | +0.002% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4302 | −0.050% | $34K | $279K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4293 | −0.259% | $14.0M | $41.3M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4298 | −0.137% | $9.2M | $5.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4297 | −0.160% | $4.4M | $3.6M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4293 | −0.253% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERPlong | +0.0100% | 1h | 0.4304 | long leg | $99K | $157K | 10x | |
| Variational Omni TIA | +0.0100% | 4h | 0.4298 | −0.147% | $96K | $81K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4298 | −0.137% | $73K | $15K | 50x | as long as short |
| Extended TIA-USDshort | +0.0104% | 1h | 0.4290 | −0.334% | $71K | $156K | 25x | |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4295 | −0.209% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4294 | −0.227% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4309 | +0.118% | $48K | $71K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4310 | +0.142% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4302 | −0.044% | $968K | $502K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0424% / S −0.3097% | 1h | 0.4298 | −0.147% | $31K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0929% | 1h | 0.4301 | −0.066% | $51K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
HTX TIA-USDT
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD