Funding you earn now, next payment 22:00 UTC−0.0162%/8h= −17.7% APRpaid last 24h −0.050%
Price spread now: Reya against BloFin−0.048%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Reya is 0.048% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | 0.4314 | 0.0340 | pay 0.0170% / 4h | 2h 08m | $1.0M | $540K | 75x |
| Short | Reya TIARUSDPERP | 0.4312 | 0.0178 | get 0.0022% / 1h | 8m 15s | $6K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$33.92
- Price spread: −0.048% → 0.000%
- −$4.84
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$56.76
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 9 min ago; Reya: 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, 9 min ago | 2.31 bp | 13.6 bp −$14 | 22.2 bp −$222 | 62.2 bp −$6,222 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.0390% | 1h | 0.4314 | −0.012% | $355K | $239K | 50x | as long as short |
| Gate TIA_USDT | −0.0062% | 4h | 0.4314 | 0.000% | $995K | $1.8M | 75x | as long as short |
| KuCoin TIAUSDTM | −0.0046% | 4h | 0.4311 | −0.070% | $4.1M | $8.5M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0022% | 4h | 0.4312 | −0.046% | $2.7M | $5.8M | 50x | as long as short |
| Bybit TIAUSDT | −0.0007% | 4h | 0.4310 | −0.093% | $9.4M | $13.0M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4314 | 0.000% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4316 | +0.036% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0018% | 1h | 0.4315 | +0.023% | $49K | $236K | 50x | as long as short |
| Variational Omni TIA | +0.0068% | 4h | 0.4308 | −0.130% | $101K | $85K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4316 | +0.058% | $127K | $353K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4312 | −0.046% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4320 | +0.134% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4316 | +0.045% | $34K | $272K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4312 | −0.038% | $14.1M | $41.0M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4313 | −0.023% | $9.1M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4310 | −0.093% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4311 | −0.070% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4313 | −0.028% | $100K | $151K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4319 | +0.116% | $63K | $38K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4311 | −0.081% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4313 | −0.035% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERPshort | +0.0178% | 1h | 0.4312 | −0.048% | $6K | — | 15x | |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4345 | +0.719% | $48K | $72K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4318 | +0.093% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4314 | long leg | $1.0M | $540K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0456% / S −0.3505% | 1h | 0.4315 | +0.029% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0778% | 1h | 0.4316 | +0.038% | $51K | $59 | 10x | as long as short |
BloFin TIA-USDT
Kraken Futures PF_TIAUSD
Gate TIA_USDT
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Bybit TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Variational Omni TIA
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]