Funding you earn now, next payment 06:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.005%
Price spread now: Orderly against Injective−0.046%7-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 −$4 a day on $10k at the current rate, and Orderly is 0.046% cheaper against Injective than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TIA/USDC PERP | 0.4326 | 0.0237 | pay 0.0030% / 1h | 20m 33s | $25K | $11K | 12x |
| Short | Orderly PERP_TIA_USDC | 0.4324 | 0.0099 | get 0.0050% / 4h | 2h 20m | $6K | $268K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$28.92
- Price spread: −0.046% → 0.000%
- −$4.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$39.56
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Injective and Orderly: 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 | 0.4325 | −0.023% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4326 | −0.004% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0028% | 1h | 0.4309 | −0.393% | $49K | $227K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4340 | +0.312% | $150K | $428K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0099% | 4h | 0.4324 | −0.046% | $6K | $268K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4340 | +0.314% | $4.6M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4341 | +0.347% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4342 | +0.370% | $13.6M | $44.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4341 | +0.347% | $9.7M | $13.8M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4338 | +0.277% | $2.7M | $6.4M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4344 | +0.416% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4342 | +0.370% | $9.9M | $6.7M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4339 | +0.301% | $4.2M | $9.5M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4344 | +0.416% | $4.4M | $3.7M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4344 | +0.416% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4325 | −0.021% | $100K | $174K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4321 | −0.122% | $101K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4331 | +0.116% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4341 | +0.353% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4323 | −0.078% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4328 | +0.037% | $6K | — | 15x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0188% / S +0.0051% | 1h | 0.4325 | −0.028% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0194% | 1h | 0.4328 | +0.036% | $343K | $205K | 50x | as long as short |
| Injective TIA/USDC PERPlong | +0.0237% | 1h | 0.4326 | long leg | $25K | $11K | 12x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4323 | −0.069% | $1.6M | $697K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4378 | +1.202% | $47K | $84K | 50x | as long as short |
| dYdX TIA-USD | +0.0449% | 1h | 0.4338 | +0.282% | $52K | $139 | 10x | as long as short |
Injective TIA/USDC PERP
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
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
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX