Funding you earn now, next payment 00:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.134%
Price spread now: Deribit against BloFin−0.160%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.160% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | BloFin TIA-USDT | 0.4384 | 0.0340 | pay 0.0170% / 4h | 48m 16s | $1.1M | $570K | 75x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4377 | 0 | get 0.0000% / 1h | 48m 16s | $30K | $27K | 25x |
BloFin TIA-USDT
Deribit TIA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- −$71.4
- Price spread: −0.160% → 0.000%
- −$15.97
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$106.37
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Deribit: 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 BloFin live order book, 4 min ago | 1.14 bp | 7.8 bp −$8 | 14.8 bp −$148 | 49.0 bp −$4,897 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0162% | 1h | 0.4380 | −0.088% | $360K | $245K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0140% | 4h | 0.4373 | −0.251% | $2.8M | $6.0M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0054% | 1h | 0.4384 | 0.000% | $49K | $234K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0022% | 4h | 0.4374 | −0.228% | $4.2M | $8.6M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | 0.0000% | 1h | 0.4377 | −0.160% | $30K | $27K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4378 | −0.132% | $1K | — | 150x | as long as short |
| Gate TIA_USDT | +0.0052% | 4h | 0.4376 | −0.182% | $991K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4383 | −0.021% | $140K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4376 | −0.182% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4381 | −0.066% | $4.3M | $1.5M | 5x | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
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 | 0.4380 | −0.093% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4376 | −0.176% | $14.6M | $42.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4374 | −0.228% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4376 | −0.182% | $13.8M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4375 | −0.205% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4375 | −0.205% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4377 | −0.153% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4382 | −0.047% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4379 | −0.114% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4374 | −0.223% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4376 | −0.171% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4375 | −0.211% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.114% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4384 | 0.000% | $27K | $10K | 12x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4384 | long leg | $1.1M | $570K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4378 | −0.138% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0527% | 1h | 0.4380 | −0.082% | $52K | $59 | 10x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD