Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: Backpack against Gate+0.136%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.136%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.131% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TIA_USDT | 0.4402 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $991K | $1.8M | 75x |
| Short | Backpack TIA_USDC_PERP | 0.4408 | 0.0100 | get 0.0013% / 1h | 10m 35s | $102K | $160K | 10x |
Gate TIA_USDT
Backpack TIA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Gate. 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
- $0
- Price spread: +0.136% → +0.006%
- $13.07
- Slippage, 4 orders
- −$50.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$62.19
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Backpack: live order book, 57 min ago.
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 Gate live order book, 2 min ago | 4.54 bp | 22.1 bp −$22 | 60.7 bp −$607 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 57 min ago | 1.36 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
TIA on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0035% | 4h | 0.4397 | −0.114% | $2.8M | $6.1M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0003% | 1h | 0.4409 | +0.150% | $360K | $213K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4409 | +0.159% | $31K | $27K | 25x | as long as short |
| ApeX Omni TIAUSDT | +0.0002% | 1h | 0.4400 | −0.045% | $50K | $232K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4405 | +0.065% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0006% | 4h | 0.4401 | −0.023% | $4.2M | $8.9M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4406 | +0.093% | $156K | $409K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4407 | +0.114% | $5K | $318K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4407 | +0.109% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4404 | +0.045% | $32K | $245K | 10x | as long as short |
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4400 | −0.040% | $14.4M | $42.6M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4397 | −0.114% | $9.6M | $13.1M | 50x | as long as short |
| Gate TIA_USDTlong | +0.0100% | 4h | 0.4402 | long leg | $991K | $1.8M | 75x | |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4399 | −0.068% | $12.4M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4398 | −0.091% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4399 | −0.068% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERPshort | +0.0100% | 1h | 0.4408 | +0.136% | $102K | $160K | 10x | |
| Variational Omni TIA | +0.0100% | 4h | 0.4402 | −0.006% | $103K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4405 | +0.068% | $59K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4396 | −0.139% | $42K | $198K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4407 | +0.125% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4396 | −0.129% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0189% | 1h | 0.4403 | +0.025% | $52K | $199 | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0266% | 1h | 0.4411 | +0.204% | $27K | $10K | 12x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0304% | 1h | 0.4415 | +0.295% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0464% / S −0.3505% | 1h | 0.4406 | +0.095% | $36K | — | 100x | as long as short |
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
dYdX TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]