Settings8H · net · $10k
Funding arb · Price arb /

TIA

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TIA/USDC PERP0.43840.0210pay 0.0026% / 1h47m 34s$27K$10K12x
ShortKraken Futures PF_TIAUSD0.4380−0.0162pay 0.0020% / 1h47m 34s$360K$245K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Kraken Futures live order book, 30 min ago14.99 bp32.6 bp −$3380.4 bp −$804doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSDshort−0.0162%1h0.4380−0.088%$360K$245K50x
OKX TIA-USDT-SWAP−0.0148%4h0.4370−0.319%$2.8M$6.0M50xas long as short
ApeX Omni TIAUSDT−0.0054%1h0.43840.000%$49K$234K50xas long as short
KuCoin TIAUSDTM−0.0024%4h0.4373−0.251%$4.2M$8.6M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4377−0.160%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4378−0.132%$1K150xas long as short
Gate TIA_USDT+0.0052%4h0.4376−0.182%$991K$1.8M75xas long as short
Lighter TIA+0.0096%1h0.4380−0.084%$140K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4376−0.182%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4379−0.109%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4377−0.151%$35K$267K10xas long as short
Binance TIAUSDT+0.0100%4h0.4374−0.228%$14.6M$42.3M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4372−0.274%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4374−0.228%$13.8M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4373−0.251%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4371−0.297%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4377−0.153%$101K$151K10xas long as short
Variational Omni TIA+0.0100%4h0.4382−0.047%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4379−0.114%$65K$42K50xas long as short
Extended TIA-USD+0.0104%1h0.4370−0.321%$56K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4376−0.171%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4375−0.211%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.114%$51K$77K50xas long as short
Injective TIA/USDC PERPlong+0.0210%1h0.4384long leg$27K$10K12x
BloFin TIA-USDT+0.0340%4h0.43840.000%$1.1M$570K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0459% / S −0.3505%1h0.4378−0.138%$36K100xas long as short
dYdX TIA-USD+0.0608%1h0.4377−0.151%$52K$5910xas long as short