Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.061%
Price spread now: Deribit against Extended+0.132%7-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
=The price spread pays, funding is against you. Deribit is 0.132% dearer against Extended than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TIA-USD | 0.4326 | 0.0104 | pay 0.0013% / 1h | 35m 01s | $57K | $171K | 25x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4332 | 0 | get 0.0000% / 1h | 35m 01s | $30K | $27K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$21.84
- Price spread: +0.132% → 0.000%
- $13.23
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$20.61
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 46 min ago; 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 Extended live order book, 46 min ago | 4.61 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | −0.0228% | 1h | 0.4333 | +0.151% | $354K | $242K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0052% | 4h | 0.4329 | +0.063% | $4.2M | $8.5M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0050% | 4h | 0.4325 | −0.029% | $2.7M | $5.9M | 50x | as long as short |
| Gate TIA_USDT | −0.0046% | 4h | 0.4327 | +0.017% | $994K | $1.8M | 75x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | 0.0000% | 1h | 0.4332 | +0.132% | $30K | $27K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4332 | +0.140% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0088% | 4h | 0.4329 | +0.063% | $9.5M | $13.2M | 50x | as long as short |
| Variational Omni TIA | +0.0094% | 4h | 0.4329 | +0.063% | $101K | $84K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4334 | +0.188% | $128K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4330 | +0.086% | $5K | $361K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4336 | +0.222% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4328 | +0.035% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4329 | +0.074% | $14.6M | $41.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4331 | +0.109% | $14.1M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4327 | +0.017% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4329 | +0.063% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4332 | +0.123% | $100K | $149K | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4339 | +0.294% | $49K | $237K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4331 | +0.109% | $65K | $42K | 50x | as long as short |
| Extended TIA-USDlong | +0.0104% | 1h | 0.4326 | long leg | $57K | $171K | 25x | |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4330 | +0.086% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4342 | +0.363% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4329 | +0.053% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4339 | +0.294% | $47K | $74K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4323 | −0.076% | $1.1M | $548K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4332 | +0.141% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0713% | 1h | 0.4328 | +0.050% | $51K | $59 | 10x | as long as short |
Extended TIA-USD
Deribit TIA_USDC-PERPETUAL
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Gate TIA_USDT
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Variational Omni TIA
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
ApeX Omni TIAUSDT
HTX TIA-USDT
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]