Funding you earn now, next payment 01:00 UTC−0.1021%/8h= −111.8% APRnext payment −$1.28 per $10,000 · paid last 24h −0.268%
Price spread now: Deribit against dYdX−0.046%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 −$31 a day on $10k at the current rate, and Deribit is 0.046% cheaper against dYdX than usual: you would sell low and buy high (−$5 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 | dYdX TIA-USD | 0.4375 | 0.0814 | pay 0.0102% / 1h | 57m 53s | $52K | $59 | 10x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4373 | −0.0207 | pay 0.0026% / 1h | 57m 53s | $30K | $27K | 25x |
dYdX TIA-USD
Deribit TIA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- −$214.44
- Price spread: −0.046% → 0.000%
- −$4.57
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$236.01
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: dYdX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
dYdX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.1264% | 4h | 0.4367 | −0.183% | $9.6M | $13.2M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0212% | 4h | 0.4367 | −0.183% | $2.8M | $6.1M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | −0.0207% | 1h | 0.4373 | −0.046% | $30K | $27K | 25x | |
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4376 | +0.013% | $360K | $247K | 50x | as long as short |
| Gate TIA_USDT | −0.0076% | 4h | 0.4372 | −0.069% | $981K | $1.8M | 75x | as long as short |
| KuCoin TIAUSDTM | −0.0052% | 4h | 0.4367 | −0.183% | $4.2M | $8.8M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4374 | −0.017% | $1K | — | 150x | as long as short |
| Backpack TIA_USDC_PERP | +0.0048% | 1h | 0.4373 | −0.046% | $104K | $154K | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.0072% | 1h | 0.4384 | +0.206% | $49K | $234K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4378 | +0.078% | $139K | $359K | 10x | as long as short |
Bybit TIAUSDT
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Gate TIA_USDT
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
Backpack TIA_USDC_PERP
ApeX Omni TIAUSDT
Lighter TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4373 | −0.046% | $5K | $364K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4377 | +0.057% | $4.5M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4370 | −0.104% | $34K | $268K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4370 | −0.114% | $14.6M | $42.2M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4371 | −0.091% | $13.3M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4371 | −0.091% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4370 | −0.114% | — | $6.5M | — | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4383 | +0.181% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4373 | −0.046% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4368 | −0.167% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4375 | +0.010% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4381 | +0.137% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4370 | −0.104% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.320% | $51K | $77K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4379 | +0.091% | $1.2M | $578K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4375 | +0.001% | $36K | — | 100x | as long as short |
| dYdX TIA-USDlong | +0.0814% | 1h | 0.4375 | long leg | $52K | $59 | 10x |
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]