Funding you earn now, next payment 05:00 UTC−0.0271%/8h= −29.7% APRnext payment −$0.34 per $10,000 · paid last 24h −0.055%
Price spread now: Deribit against Injective−0.502%63s7-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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Deribit is 0.502% cheaper against Injective than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Injective TIA/USDC PERP | 0.4382 | 0.0271 | pay 0.0034% / 1h | 9m 33s | $25K | $11K | 12x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4360 | 0 | get 0.0000% / 1h | 9m 33s | $30K | $25K | 25x |
Injective TIA/USDC PERP
Deribit TIA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- −$56.99
- Price spread: −0.502% → 0.000%
- −$50.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$114.21
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0048% | 1h | 0.4376 | −0.137% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | 0.0000% | 1h | 0.4360 | −0.502% | $30K | $25K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4363 | −0.436% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4368 | −0.324% | $155K | $421K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4361 | −0.479% | $6K | $254K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4367 | −0.347% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4363 | −0.426% | $33K | $242K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4360 | −0.494% | $13.8M | $43.7M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4358 | −0.548% | $9.8M | $13.6M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4356 | −0.593% | $2.8M | $6.3M | 50x | as long as short |
ApeX Omni TIAUSDT
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 | 0.4362 | −0.456% | $990K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4361 | −0.479% | $11.2M | $6.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4361 | −0.479% | $4.2M | $9.3M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4360 | −0.502% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4360 | −0.502% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4359 | −0.516% | $101K | $168K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4361 | −0.486% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4377 | −0.114% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4357 | −0.580% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4358 | −0.551% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4360 | −0.513% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERPlong | +0.0271% | 1h | 0.4382 | long leg | $25K | $11K | 12x | |
| Kraken Futures PF_TIAUSD | +0.0331% | 1h | 0.4362 | −0.454% | $346K | $205K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4371 | −0.251% | $1.7M | $716K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0360% / S −0.0613% | 1h | 0.4362 | −0.466% | $24K | — | 100x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4376 | −0.137% | $47K | $83K | 50x | as long as short |
| dYdX TIA-USD | +0.0413% | 1h | 0.4365 | −0.384% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
Coinbase International TIA-PERP-INTX
dYdX TIA-USD