Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Orderly against Bybit−0.023%7-day average +0.048% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.023%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.071% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TIAUSDT | 0.4347 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $9.8M | $14.0M | 50x |
| Short | Orderly PERP_TIA_USDC | 0.4346 | 0.0099 | get 0.0050% / 4h | 1h 36m | $7K | $252K | 10x |
Bybit TIAUSDT
Orderly PERP_TIA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.15
- Price spread: −0.023% → +0.048%
- −$7.13
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.28
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.15 bp | 16.7 bp −$17 | 32.1 bp −$321 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4346 | −0.023% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4346 | −0.024% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0012% | 1h | 0.4355 | +0.184% | $50K | $226K | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0047% | 4h | 0.4345 | −0.046% | $2.7M | $6.5M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4351 | +0.104% | $150K | $425K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0099% | 4h | 0.4346 | −0.023% | $7K | $252K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4352 | +0.108% | $4.6M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4349 | +0.046% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4348 | +0.023% | $13.6M | $47.5M | 75x | as long as short |
| Bybit TIAUSDTlong | +0.0100% | 4h | 0.4347 | long leg | $9.8M | $14.0M | 50x |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4347 | 0.000% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4348 | +0.023% | $12.9M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4345 | −0.046% | $4.2M | $9.7M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4344 | −0.069% | $4.4M | $3.8M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4344 | −0.069% | — | $103.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4353 | +0.136% | $100K | $173K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4355 | +0.178% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4352 | +0.115% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4343 | −0.093% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4345 | −0.046% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0110% / S +0.0053% | 1h | 0.4346 | −0.013% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0146% | 1h | 0.4348 | +0.023% | $345K | $201K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4356 | +0.207% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4342 | −0.118% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0315% | 1h | 0.4345 | −0.040% | $52K | $139 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4354 | +0.161% | $1.6M | $702K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4395 | +1.104% | $47K | $87K | 50x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
Reya TIARUSDPERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX