TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h +0.078%

Price spread now: Reya against Deribit−0.296%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.296% cheaper against Deribit than usual: you would sell low and buy high (spread −0.296% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 5.5 days of funding at the current rate (+$5 a day). The two prices were read 49 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	0.4439	0	get 0.0000% / 1h	50m 34s	$31K	$25K	25x
Short	Reya TIARUSDPERP	0.4426	0.0181	get 0.0023% / 1h	50m 34s	$6K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Deribit. 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 DeribitbpFee ReyabpOrdersPrice spread, now −0.296%Rate

Funding earned: $37.91
Price spread: −0.296% → 0.000%: −$29.59
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: −$4.68
Costs to cover: 0.130%
Break-even: 7.9 days

Slippage unknown: Deribit: no order-book sample; Reya: 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 Deribit no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Deribit and Reya: 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-PERPETUALlong	0.0000%	1h	0.4439	long leg	$31K	$25K	25x
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4441	+0.041%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4439	−0.007%	$157K	$417K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4439	0.000%	$5K	$241K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4435	−0.095%	$4.8M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4439	+0.011%	$34K	$243K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4429	−0.234%	$14.5M	$43.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4428	−0.248%	$9.9M	$13.4M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4425	−0.315%	$2.8M	$6.3M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4436	−0.068%	$1.0M	$1.8M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TIA_USDT	+0.0100%	4h	0.4432	−0.158%	$11.9M	$6.4M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4435	−0.090%	$4.3M	$9.2M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4429	−0.225%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4430	−0.203%	—	$101.7M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4434	−0.106%	$102K	$171K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4440	+0.028%	$103K	$66K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4451	+0.270%	$50K	$230K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4448	+0.203%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4427	−0.275%	$56K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4438	−0.033%	$7K	—	3x	as long as short
Reya TIARUSDPERPshort	+0.0181%	1h	0.4426	−0.296%	$6K	—	15x
Injective TIA/USDC PERP	+0.0271%	1h	0.4451	+0.270%	$26K	$11K	12x	as long as short
Kraken Futures PF_TIAUSD	+0.0326%	1h	0.4438	−0.017%	$363K	$193K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4435	−0.090%	$1.7M	$738K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4456	+0.383%	$52K	$77K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0496% / S −0.1196%	1h	0.4441	+0.039%	$41K	—	100x	as long as short
dYdX TIA-USD	+0.0585%	1h	0.4434	−0.107%	$53K	$139	10x	as long as short