Funding you earn now, next payment 00:00 UTC−0.0373%/8h= −40.8% APRnext payment −$0.47 per $10,000 · paid last 24h −0.043%
Price spread now: Kraken Futures against Injective−0.088%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 −$11 a day on $10k at the current rate, and Kraken Futures is 0.088% cheaper against Injective than usual: you would sell low and buy high (−$9 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 | 0.4384 | 0.0210 | pay 0.0026% / 1h | 47m 34s | $27K | $10K | 12x |
| Short | Kraken Futures PF_TIAUSD | 0.4380 | −0.0162 | pay 0.0020% / 1h | 47m 34s | $360K | $245K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$78.25
- Price spread: −0.088% → 0.000%
- −$8.76
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$97.03
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 30 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 30 min ago | 14.99 bp | 32.6 bp −$33 | 80.4 bp −$804 | doesn't fit | doesn't fit |
Injective: 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_TIAUSDshort | −0.0162% | 1h | 0.4380 | −0.088% | $360K | $245K | 50x | |
| OKX TIA-USDT-SWAP | −0.0148% | 4h | 0.4370 | −0.319% | $2.8M | $6.0M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0054% | 1h | 0.4384 | 0.000% | $49K | $234K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0024% | 4h | 0.4373 | −0.251% | $4.2M | $8.6M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4377 | −0.160% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4378 | −0.132% | $1K | — | 150x | as long as short |
| Gate TIA_USDT | +0.0052% | 4h | 0.4376 | −0.182% | $991K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4380 | −0.084% | $140K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4376 | −0.182% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4379 | −0.109% | $4.3M | $1.5M | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4377 | −0.151% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4374 | −0.228% | $14.6M | $42.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4372 | −0.274% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4374 | −0.228% | $13.8M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4373 | −0.251% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4371 | −0.297% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4377 | −0.153% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4382 | −0.047% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4379 | −0.114% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4370 | −0.321% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4376 | −0.171% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4375 | −0.211% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.114% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERPlong | +0.0210% | 1h | 0.4384 | long leg | $27K | $10K | 12x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4384 | 0.000% | $1.1M | $570K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4378 | −0.138% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0608% | 1h | 0.4377 | −0.151% | $52K | $59 | 10x | as long as short |
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
Lighter TIA
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
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]