Funding you earn now, next payment 01:00 UTC−0.0204%/8h= −22.3% APRnext payment −$0.26 per $10,000 · paid last 24h +0.046%
Price spread now: Hyperliquid against Coinbase International−0.567%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.532%+$53 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hyperliquid is 0.567% cheaper against Coinbase International than usual: you would sell low and buy high (−$57 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.532%, 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 | 0.4360 | 0.0304 | pay 0.0038% / 1h | 55m 18s | $51K | $75K | 50x |
| Short | Hyperliquid TIA | 0.4335 | 0.0100 | get 0.0013% / 1h | 55m 18s | $4.6M | $1.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- −$42.84
- Price spread: −0.567% → 0.000%
- −$56.65
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$118.49
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 6 min ago. 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 Hyperliquid live order book, 6 min ago | 0.12 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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 | −0.1335% | 1h | 0.4340 | −0.459% | $49K | $232K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0124% | 4h | 0.4329 | −0.711% | $2.7M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0010% | 4h | 0.4331 | −0.665% | $4.2M | $8.8M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0003% | 1h | 0.4333 | −0.621% | $356K | $226K | 50x | as long as short |
| dYdX TIA-USD | 0.0000% | 1h | 0.4332 | −0.642% | $51K | $199 | 10x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4332 | −0.642% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4332 | −0.641% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0051% | 4h | 0.4330 | −0.688% | $9.4M | $13.0M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4337 | −0.534% | $138K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4331 | −0.665% | $5K | $346K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4335 | −0.567% | $4.6M | $1.6M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4331 | −0.667% | $34K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4334 | −0.596% | $14.3M | $42.0M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4332 | −0.642% | $973K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4334 | −0.596% | $12.5M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4330 | −0.688% | $4.4M | $3.3M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4330 | −0.688% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4328 | −0.729% | $103K | $158K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4323 | −0.841% | $101K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4336 | −0.550% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4326 | −0.780% | $49K | $189K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4332 | −0.633% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4327 | −0.753% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0266% | 1h | 0.4348 | −0.275% | $26K | $10K | 12x | as long as short |
| Coinbase International TIA-PERP-INTXlong | +0.0304% | 1h | 0.4360 | long leg | $51K | $75K | 50x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4333 | −0.619% | $1.3M | $612K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4332 | −0.636% | $35K | — | 100x | as long as short |
Coinbase International TIA-PERP-INTX
Hyperliquid TIA
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Lighter TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]