Funding you earn now, next payment 05:00 UTC−0.0227%/8h= −24.9% APRpaid last 24h +0.064%
Price spread now: Bitget against Kraken Futures−0.119%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.910% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 4 days (all we have)−0.303%−$30 · spread now −0.119%, 7d avg −0.124%
=The price spread sits at its 7-day average of −0.124%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4420 | 0.0327 | pay 0.0041% / 1h | 57m 01s | $361K | $193K | 50x |
| Short | Bitget TIAUSDT | 0.4415 | 0.0100 | get 0.0050% / 4h | 3h 57m | $4.5M | $3.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- −$47.7
- Price spread: −0.119% → −0.124%
- $0.5
- Slippage, 4 orders
- −$69.05
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$138.25
- Costs to cover
- 0.910%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 61 min ago; Bitget: live order book, 1 min ago.
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 Kraken Futures live order book, 61 min ago | 23.93 bp | 29.3 bp −$29 | 64.7 bp −$647 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.26 bp | 13.0 bp −$13 | 35.8 bp −$358 | doesn't fit | doesn't fit |
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 | −0.0056% | 1h | 0.4417 | −0.074% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4419 | −0.029% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4419 | −0.020% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4424 | +0.087% | $156K | $416K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4417 | −0.074% | $5K | $243K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4427 | +0.146% | $103K | $66K | — | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4424 | +0.073% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4417 | −0.074% | $33K | $244K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4418 | −0.041% | $14.5M | $43.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4416 | −0.097% | $9.8M | $13.4M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4414 | −0.142% | $2.8M | $6.3M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4419 | −0.029% | $11.9M | $6.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4417 | −0.074% | $4.3M | $9.2M | 50x | as long as short |
| Bitget TIAUSDTshort | +0.0100% | 4h | 0.4415 | −0.119% | $4.5M | $3.5M | 75x | |
| BingX TIA-USDT | +0.0100% | 4h | 0.4417 | −0.074% | — | $101.7M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4419 | −0.024% | $103K | $166K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4423 | +0.062% | $59K | $73K | 50x | as long as short |
| Gate TIA_USDT | +0.0102% | 4h | 0.4419 | −0.029% | $1.0M | $1.8M | 75x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4413 | −0.158% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4417 | −0.074% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4414 | −0.134% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4428 | +0.175% | $26K | $10K | 12x | as long as short |
| Kraken Futures PF_TIAUSDlong | +0.0327% | 1h | 0.4420 | long leg | $361K | $193K | 50x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4426 | +0.130% | $1.6M | $738K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4449 | +0.650% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0495% / S −0.1196% | 1h | 0.4418 | −0.041% | $40K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0660% | 1h | 0.4422 | +0.039% | $53K | $139 | 10x | as long as short |
Kraken Futures PF_TIAUSD
Bitget TIAUSDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Variational Omni TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
MEXC TIA_USDT
KuCoin TIAUSDTM
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Gate TIA_USDT
Extended TIA-USD
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]