Funding you earn now, next payment 06:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.109%
Price spread now: ApeX Omni against GMX−0.373%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.373% cheaper against GMX than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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 | GMX TIA/USD [ETH-USDC] | 0.4365 | L +0.0173% / S +0.0051% | pay 0.0022% / 1h | 12m 09s | $6K | — | 100x |
| Short | ApeX Omni TIAUSDT | 0.4349 | 0.0063 | get 0.0008% / 1h | 12m 09s | $50K | $227K | 50x |
GMX TIA/USD [ETH-USDC]
ApeX Omni TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$23.05
- Price spread: −0.373% → 0.000%
- −$37.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$82.37
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 34 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 34 min ago | 8.04 bp | 15.9 bp −$16 | 121.5 bp −$1,215 | doesn't fit | doesn't fit |
GMX: 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-PERPETUAL | 0.0000% | 1h | 0.4363 | −0.052% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4366 | +0.016% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDTshort | +0.0063% | 1h | 0.4349 | −0.373% | $50K | $227K | 50x | |
| Lighter TIA | +0.0096% | 1h | 0.4364 | −0.041% | $150K | $431K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4362 | −0.075% | $7K | $265K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4371 | +0.131% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4358 | −0.158% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4360 | −0.127% | $13.6M | $45.7M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4361 | −0.098% | $9.7M | $13.9M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4361 | −0.098% | $2.7M | $6.4M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4367 | +0.039% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4361 | −0.098% | $12.8M | $10.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4361 | −0.098% | $4.2M | $9.6M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4359 | −0.144% | $4.4M | $3.7M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4362 | −0.075% | — | $103.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4363 | −0.048% | $101K | $174K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4346 | −0.447% | $101K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4364 | −0.030% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4358 | −0.172% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4360 | −0.132% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC]long | L +0.0173% / S +0.0051% | 1h | 0.4365 | long leg | $6K | — | 100x | |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4367 | +0.030% | $6K | — | 15x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0192% | 1h | 0.4362 | −0.075% | $346K | $204K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4369 | +0.085% | $25K | $11K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4355 | −0.236% | $1.6M | $702K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4363 | −0.052% | $47K | $85K | 50x | as long as short |
| dYdX TIA-USD | +0.0437% | 1h | 0.4356 | −0.208% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD