Funding you earn now, next payment 01:00 UTC−0.0493%/8h= −54.0% APRpaid last 24h −0.150%
Price spread now: Kraken Futures against BloFin+0.039%57s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$810.812% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now +0.039%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TIA-USDT | 0.4377 | 0.0340 | pay 0.0170% / 4h | 3h 31m | $1.2M | $578K | 75x |
| Short | Kraken Futures PF_TIAUSD | 0.4379 | −0.0153 | pay 0.0019% / 1h | 31m 51s | $360K | $233K | 50x |
BloFin TIA-USDT
Kraken Futures PF_TIAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$103.47
- Price spread: +0.039% → +0.028%
- $1.1
- Slippage, 4 orders
- −$59.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$183.53
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Kraken Futures: live order book, 41 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 BloFin live order book, 1 min ago | 3.42 bp | 11.0 bp −$11 | 14.5 bp −$145 | 49.6 bp −$4,964 | doesn't fit |
| Sell Kraken Futures live order book, 41 min ago | 13.76 bp | 30.6 bp −$31 | 74.6 bp −$746 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0168% | 4h | 0.4379 | +0.046% | $2.8M | $5.9M | 50x | as long as short |
| Kraken Futures PF_TIAUSDshort | −0.0153% | 1h | 0.4379 | +0.039% | $360K | $233K | 50x | |
| KuCoin TIAUSDTM | −0.0036% | 4h | 0.4379 | +0.046% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4377 | 0.000% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4377 | +0.004% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0041% | 1h | 0.4373 | −0.091% | $49K | $235K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4386 | +0.217% | $140K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4377 | 0.000% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4385 | +0.190% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4382 | +0.110% | $34K | $249K | 10x | as long as short |
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4382 | +0.117% | $14.6M | $41.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4378 | +0.023% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4382 | +0.114% | $983K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4382 | +0.114% | $13.2M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4381 | +0.091% | $4.5M | $3.2M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4380 | +0.069% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4378 | +0.025% | $101K | $153K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4370 | −0.164% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4376 | −0.023% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4379 | +0.037% | $54K | $170K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4377 | +0.011% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4382 | +0.114% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4372 | −0.105% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.274% | $51K | $75K | 50x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4377 | long leg | $1.2M | $578K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4377 | −0.002% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0929% | 1h | 0.4380 | +0.069% | $52K | $59 | 10x | as long as short |
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD