Funding you earn now, next payment 22:00 UTC−0.0216%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h −0.008%
Price spread now: Deribit against Coinbase International−0.184%7-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 −$6 a day on $10k at the current rate, and Deribit is 0.184% cheaper against Coinbase International than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TIA-PERP-INTX | 0.4342 | 0.0216 | pay 0.0027% / 1h | 10m 05s | $48K | $73K | 50x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4334 | 0 | get 0.0000% / 1h | 10m 05s | $30K | $27K | 25x |
Coinbase International TIA-PERP-INTX
Deribit TIA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- −$45.36
- Price spread: −0.184% → 0.000%
- −$18.42
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$80.78
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Coinbase International and 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 | −0.0228% | 1h | 0.4336 | −0.138% | $354K | $241K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0142% | 4h | 0.4330 | −0.276% | $2.7M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0044% | 4h | 0.4331 | −0.253% | $4.2M | $8.6M | 50x | as long as short |
| Gate TIA_USDT | −0.0040% | 4h | 0.4333 | −0.207% | $995K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0031% | 1h | 0.4334 | −0.184% | $49K | $236K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | 0.0000% | 1h | 0.4334 | −0.184% | $30K | $27K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4335 | −0.157% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4339 | −0.074% | $128K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4333 | −0.207% | $5K | $362K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4333 | −0.198% | $101K | $84K | — | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Gate TIA_USDT
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Variational Omni TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4340 | −0.037% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4338 | −0.092% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4334 | −0.184% | $14.4M | $41.8M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4331 | −0.253% | $9.5M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4334 | −0.184% | $14.1M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4331 | −0.253% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4332 | −0.230% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4333 | −0.203% | $100K | $152K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4337 | −0.115% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4330 | −0.268% | $57K | $167K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4333 | −0.207% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4333 | −0.207% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4329 | −0.294% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTXlong | +0.0216% | 1h | 0.4342 | long leg | $48K | $73K | 50x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4336 | −0.138% | $1.1M | $557K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0458% / S −0.3505% | 1h | 0.4335 | −0.156% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0708% | 1h | 0.4340 | −0.046% | $52K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD