Funding you earn now, next payment 00:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.44 per $10,000 · paid last 24h +0.035%
Price spread now: Orderly against Gate−0.023%7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)+0.187%+$19 · spread now −0.023%, 7d avg +0.015%
=Funding pays, the price is against you. Orderly is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.015%). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TIA_USDT | 0.4364 | 0.0010 | pay 0.0005% / 4h | 57m 58s | $1.0M | $1.8M | 75x |
| Short | Orderly PERP_TIA_USDC | 0.4363 | 0.0097 | get 0.0049% / 4h | 57m 58s | $5K | $362K | 10x |
Gate TIA_USDT
Orderly PERP_TIA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $18.3
- Price spread: −0.023% → +0.015%
- −$3.76
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$6.46
- Costs to cover
- 0.210%
- Break-even
- 9.5 days
Slippage unknown: Gate: live order book, 5 min ago; Orderly: 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 Gate live order book, 5 min ago | 4.59 bp | 30.1 bp −$30 | 81.2 bp −$812 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0163% | 1h | 0.4366 | +0.057% | $357K | $243K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0149% | 4h | 0.4362 | −0.046% | $2.8M | $6.0M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0036% | 4h | 0.4362 | −0.046% | $4.2M | $8.6M | 50x | as long as short |
| dYdX TIA-USD | 0.0000% | 1h | 0.4363 | −0.015% | $52K | $59 | 10x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4366 | +0.046% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4366 | +0.052% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0009% | 1h | 0.4354 | −0.229% | $49K | $236K | 50x | as long as short |
| Gate TIA_USDTlong | +0.0010% | 4h | 0.4364 | long leg | $1.0M | $1.8M | 75x | |
| Lighter TIA | +0.0096% | 1h | 0.4370 | +0.131% | $139K | $361K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0097% | 4h | 0.4363 | −0.023% | $5K | $362K | 10x |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
dYdX TIA-USD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4370 | +0.128% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4365 | +0.013% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4365 | +0.034% | $14.5M | $42.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4365 | +0.023% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4367 | +0.069% | $13.9M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4364 | 0.000% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4364 | 0.000% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4365 | +0.025% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4357 | −0.162% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4355 | −0.206% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4364 | +0.003% | $57K | $168K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4365 | +0.023% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4362 | −0.053% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4366 | +0.046% | $48K | $73K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4357 | −0.160% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4360 | −0.092% | $1.1M | $563K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4365 | +0.025% | $36K | — | 100x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]