Funding you earn now, next payment 09:00 UTC+0.3747%/8h= +410.3% APRnext payment +$4.68 per $10,000 · paid last 24h −0.100%
Price spread now: Kraken Futures against GMX−0.500%126s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding pays, the price is against you. Kraken Futures is 0.500% cheaper against GMX than usual: you would sell low and buy high (spread −0.500% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 11 hours of funding at the current rate (+$112 a day). The two prices were read 126 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] | 0.4501 | L −0.3914% / S +0.0179% | get 0.0489% / 1h | 59m 06s | $6K | — | 100x |
| Short | Kraken Futures PF_TIAUSD | 0.4478 | −0.0167 | pay 0.0021% / 1h | 59m 06s | $353K | $198K | 50x |
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $786.84
- Price spread: −0.500% → 0.000%
- −$49.99
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $714.85
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 34 min ago | 25.75 bp | 31.5 bp −$32 | 72.2 bp −$722 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC]long | L −0.3914% / S +0.0179% | 1h | 0.4501 | long leg | $6K | — | 100x | |
| Kraken Futures PF_TIAUSDshort | −0.0167% | 1h | 0.4478 | −0.500% | $353K | $198K | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4481 | −0.436% | $31K | $21K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4497 | −0.086% | $1K | — | 150x | as long as short |
| Backpack TIA_USDC_PERP | +0.0035% | 1h | 0.4480 | −0.460% | $103K | $171K | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0079% | 1h | 0.4518 | +0.386% | $81K | $157K | 12x | as long as short |
| OKX TIA-USDT-SWAP | +0.0086% | 4h | 0.4479 | −0.480% | $2.8M | $7.0M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4488 | −0.287% | $194K | $435K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4480 | −0.458% | $7K | $206K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4487 | −0.294% | $4.9M | $1.5M | 5x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Backpack TIA_USDC_PERP
Injective TIA/USDC PERP
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4484 | −0.370% | $33K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4479 | −0.480% | $14.5M | $49.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4477 | −0.525% | $10.1M | $14.5M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4481 | −0.436% | $1.0M | $1.7M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4479 | −0.480% | $10.9M | $14.3M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4478 | −0.503% | $4.3M | $10.3M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4476 | −0.547% | $4.4M | $4.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4478 | −0.503% | — | $6.5M | — | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4493 | −0.177% | $138K | $78K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4497 | −0.080% | $52K | $224K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4489 | −0.258% | $60K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4476 | −0.552% | $57K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4480 | −0.460% | $7K | — | 3x | as long as short |
| dYdX TIA-USD | +0.0148% | 1h | 0.4494 | −0.146% | $53K | $139 | 10x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4483 | −0.386% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4492 | −0.192% | $1.7M | $768K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4521 | +0.453% | $54K | $99K | 50x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
dYdX TIA-USD
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX