Funding you earn now, next payment 01:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.134%
Price spread now: BloFin against Deribit+0.091%57s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.091% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | Deribit TIA_USDC-PERPETUAL | 0.4406 | 0 | get 0.0000% / 1h | 8m 17s | $31K | $27K | 25x |
| Short | BloFin TIA-USDT | 0.4410 | 0.0340 | get 0.0170% / 4h | 3h 08m | $1.3M | $604K | 75x |
Deribit TIA_USDC-PERPETUAL
BloFin TIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $71.4
- Price spread: +0.091% → 0.000%
- $9.08
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $61.48
- Costs to cover
- 0.190%
- Break-even
- 1.0 days
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 4 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 4 min ago | 2.27 bp | 8.3 bp −$8 | 15.9 bp −$159 | 61.5 bp −$6,151 | doesn't fit |
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 | −0.0152% | 1h | 0.4410 | +0.096% | $362K | $225K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0144% | 4h | 0.4403 | −0.068% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0016% | 4h | 0.4403 | −0.068% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALlong | 0.0000% | 1h | 0.4406 | long leg | $31K | $27K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4406 | +0.002% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4414 | +0.177% | $140K | $360K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4404 | −0.045% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4410 | +0.102% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4408 | +0.036% | $35K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4404 | −0.045% | $14.7M | $41.2M | 75x | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4401 | −0.113% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4404 | −0.045% | $990K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4405 | −0.023% | $13.1M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4407 | +0.023% | $4.6M | $3.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4403 | −0.068% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4414 | +0.172% | $103K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4398 | −0.175% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4400 | −0.136% | $50K | $233K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4413 | +0.159% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4403 | −0.079% | $55K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4405 | −0.023% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4415 | +0.204% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4403 | −0.065% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4422 | +0.363% | $52K | $76K | 50x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4410 | +0.091% | $1.3M | $604K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0462% / S −0.3505% | 1h | 0.4406 | −0.009% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0862% | 1h | 0.4410 | +0.097% | $52K | $199 | 10x | as long as short |
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD