Funding you earn now, next payment 03:00 UTC+0.0513%/8h= +56.2% APRpaid last 24h −0.008%
Price spread now: Injective against Bybit+0.045%78s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$15 a day on $10k at the current rate, and Injective is 0.045% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 78 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 | Bybit TIAUSDT | 0.4412 | −0.0017 | get 0.0008% / 4h | 1h 39m | $9.5M | $13.3M | 50x |
| Short | Injective TIA/USDC PERP | 0.4414 | 0.0496 | get 0.0062% / 1h | 39m 54s | $26K | $10K | 12x |
Bybit TIAUSDT
Injective TIA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- $107.77
- Price spread: +0.045% → 0.000%
- $4.53
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $101.28
- Costs to cover
- 0.110%
- Break-even
- 0.4 days
Slippage unknown: Bybit: live order book, 3 min ago; Injective: 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 Bybit live order book, 3 min ago | 2.26 bp | 13.2 bp −$13 | 30.3 bp −$303 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0025% | 1h | 0.4421 | +0.204% | $50K | $232K | 50x | as long as short |
| Bybit TIAUSDTlong | −0.0017% | 4h | 0.4412 | long leg | $9.5M | $13.3M | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4418 | +0.136% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4420 | +0.181% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0016% | 4h | 0.4414 | +0.045% | $4.2M | $9.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0035% | 4h | 0.4412 | 0.000% | $2.8M | $6.1M | 50x | as long as short |
| Variational Omni TIA | +0.0067% | 4h | 0.4404 | −0.189% | $103K | $84K | — | as long as short |
| Kraken Futures PF_TIAUSD | +0.0075% | 1h | 0.4420 | +0.186% | $361K | $206K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4425 | +0.290% | $157K | $413K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4417 | +0.113% | $5K | $317K | 10x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Variational Omni TIA
Kraken Futures PF_TIAUSD
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 | 0.4425 | +0.292% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4418 | +0.142% | $32K | $246K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4419 | +0.156% | $14.5M | $42.6M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4419 | +0.159% | $994K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4417 | +0.113% | $12.3M | $6.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4416 | +0.091% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4417 | +0.113% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4419 | +0.159% | $103K | $153K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4418 | +0.136% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4413 | +0.023% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4419 | +0.147% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4417 | +0.114% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0219% | 1h | 0.4420 | +0.181% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4406 | −0.136% | $1.4M | $707K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4430 | +0.408% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0494% / S −0.1196% | 1h | 0.4418 | +0.143% | $40K | — | 100x | as long as short |
| Injective TIA/USDC PERPshort | +0.0496% | 1h | 0.4414 | +0.045% | $26K | $10K | 12x |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]