Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Bitget−0.023%7-day average +0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)+0.393%+$39 · spread now −0.023%, 7d avg +0.083%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.106% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TIAUSDT | 0.4305 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $4.4M | $3.5M | 75x |
| Short | Orderly PERP_TIA_USDC | 0.4304 | 0.0099 | get 0.0049% / 4h | 2h 37m | $5K | $360K | 10x |
Bitget TIAUSDT
Orderly PERP_TIA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- −$0.3
- Price spread: −0.023% → +0.083%
- −$10.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$28.95
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: 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 Bitget live order book, 1 min ago | 1.16 bp | 18.4 bp −$18 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.0466% | 4h | 0.4304 | −0.023% | $9.3M | $13.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0390% | 1h | 0.4308 | +0.079% | $354K | $239K | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0128% | 1h | 0.4298 | −0.163% | $48K | $235K | 50x | as long as short |
| Gate TIA_USDT | −0.0120% | 4h | 0.4304 | −0.023% | $994K | $1.8M | 75x | as long as short |
| OKX TIA-USDT-SWAP | −0.0027% | 4h | 0.4304 | −0.023% | $2.7M | $5.7M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0020% | 4h | 0.4304 | −0.023% | $4.1M | $8.6M | 50x | as long as short |
| Variational Omni TIA | −0.0018% | 4h | 0.4296 | −0.209% | $96K | $81K | — | as long as short |
| Backpack TIA_USDC_PERP | −0.0010% | 1h | 0.4308 | +0.060% | $102K | $151K | 10x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4309 | +0.093% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4307 | +0.048% | $1K | — | 150x | as long as short |
Bybit TIAUSDT
Kraken Futures PF_TIAUSD
ApeX Omni TIAUSDT
Gate TIA_USDT
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Variational Omni TIA
Backpack TIA_USDC_PERP
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0092% | 4h | 0.4306 | +0.015% | $34K | $272K | 10x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4310 | +0.121% | $127K | $353K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0099% | 4h | 0.4304 | −0.023% | $5K | $360K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4312 | +0.158% | $4.2M | $1.5M | 5x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4307 | +0.044% | $14.0M | $41.1M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4307 | +0.046% | $9.0M | $5.6M | 300x | as long as short |
| Bitget TIAUSDTlong | +0.0100% | 4h | 0.4305 | long leg | $4.4M | $3.5M | 75x | |
| BingX TIA-USDC | +0.0100% | 4h | 0.4304 | −0.023% | — | $6.5M | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4306 | +0.023% | $73K | $15K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4304 | −0.034% | $58K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4305 | +0.005% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4305 | −0.001% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4322 | +0.395% | $48K | $71K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4300 | −0.116% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4300 | −0.116% | $1.0M | $511K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0456% / S −0.3505% | 1h | 0.4308 | +0.060% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0826% | 1h | 0.4303 | −0.050% | $51K | $59 | 10x | as long as short |
Aster TIAUSDT
Lighter TIA
Hyperliquid TIA
Binance TIAUSDT
MEXC TIA_USDT
BingX TIA-USDC
HTX TIA-USDT
Extended TIA-USD
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