TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0296%/8h= −32.4% APRnext payment −$0.37 per $10,000 · paid last 24h −0.021%

Price spread now: Extended against Coinbase International−0.141%7-day average −0.210% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$950.953% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.528%+$53 on $10k

Price spread, last 4 days (all we have)−0.664%−$66 · spread now −0.141%, 7d avg −0.210%

Together, before fees−0.137%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.069% dearer against Coinbase International than usual: you sell high and buy low (spread −0.141% now, against its 7-day average of −0.210%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 7 days funding on this pair paid +0.528%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TIA-PERP-INTX	0.4398	0.0400	pay 0.0050% / 1h	57m 31s	$53K	$108K	50x
Short	Extended TIA-USD	0.4392	0.0104	get 0.0013% / 1h	57m 31s	$55K	$210K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$62.16
Price spread: −0.141% → −0.210%: $6.87
Slippage, 4 orders: −$80.32
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$150.62
Costs to cover: 0.953%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 49 min ago; Extended: live order book, 51 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 Coinbase International live order book, 49 min ago	14.77 bp	41.8 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 51 min ago	3.41 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit

TIA on 27 exchanges

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
GMX TIA/USD [ETH-USDC]	L −0.5414% / S +0.0229%	1h	0.4394	−0.089%	$5K	—	100x	as long as short
Bybit TIAUSDT	−0.0351%	4h	0.4393	−0.114%	$9.6M	$14.4M	50x	as long as short
Injective TIA/USDC PERP	−0.0275%	1h	0.4403	+0.114%	$78K	$158K	12x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4400	+0.045%	$33K	$20K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4400	+0.045%	$1K	—	150x	as long as short
ApeX Omni TIAUSDT	+0.0006%	1h	0.4393	−0.114%	$51K	$219K	50x	as long as short
dYdX TIA-USD	+0.0020%	1h	0.4397	−0.023%	$52K	$139	10x	as long as short
Kraken Futures PF_TIAUSD	+0.0082%	1h	0.4402	+0.096%	$369K	$215K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4403	+0.114%	$192K	$434K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4400	+0.045%	$6K	$188K	10x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TIA	+0.0100%	4h	0.4381	−0.376%	$102K	$100K	—	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4401	+0.077%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4395	−0.067%	$32K	$238K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4395	−0.064%	$14.1M	$48.4M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4395	−0.068%	$2.7M	$6.8M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4398	0.000%	$1.0M	$1.7M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4396	−0.045%	$10.7M	$14.4M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4395	−0.068%	$4.2M	$10.4M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4397	−0.023%	$4.4M	$4.2M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4395	−0.068%	—	$14.6M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4402	+0.084%	$102K	$173K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4396	−0.045%	$59K	$75K	50x	as long as short
Extended TIA-USDshort	+0.0104%	1h	0.4392	−0.141%	$55K	$210K	25x
Aevo TIA-PERP	+0.0104%	1h	0.4397	−0.011%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4390	−0.171%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4391	−0.159%	$1.5M	$692K	75x	as long as short
Coinbase International TIA-PERP-INTXlong	+0.0400%	1h	0.4398	long leg	$53K	$108K	50x