Funding you earn now, next payment 11:00 UTC−0.0358%/8h= −39.2% APRnext payment −$0.45 per $10,000 · paid last 24h +0.521%
Price spread now: GMX against Kraken Futures+0.034%66s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. GMX is 0.034% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 66 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 | Kraken Futures PF_TIAUSD | 0.4316 | 0.0084 | pay 0.0010% / 1h | 28m 00s | $349K | $253K | 50x |
| Short | GMX TIA/USD [ETH-USDC] | 0.4317 | L −0.6754% / S +0.0274% | pay 0.0034% / 1h | 28m 00s | $5K | — | 100x |
Kraken Futures PF_TIAUSD
GMX TIA/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$75.11
- Price spread: +0.034% → 0.000%
- $3.38
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$93.73
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 18 min ago; GMX: 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 Kraken Futures live order book, 18 min ago | 10.31 bp | 19.5 bp −$19 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC]short | L −0.6754% / S +0.0274% | 1h | 0.4317 | +0.034% | $5K | — | 100x | |
| Injective TIA/USDC PERP | −0.0275% | 1h | 0.4374 | +1.346% | $83K | $165K | 12x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0213% | 1h | 0.4318 | +0.049% | $32K | $20K | 25x | as long as short |
| Bybit TIAUSDT | −0.0092% | 4h | 0.4313 | −0.067% | $9.6M | $14.9M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4320 | +0.087% | $1K | — | 150x | as long as short |
| dYdX TIA-USD | +0.0062% | 1h | 0.4319 | +0.071% | $51K | $139 | 10x | as long as short |
| Kraken Futures PF_TIAUSDlong | +0.0084% | 1h | 0.4316 | long leg | $349K | $253K | 50x | |
| Variational Omni TIA | +0.0090% | 4h | 0.4310 | −0.125% | $100K | $100K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4320 | +0.093% | $151K | $472K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4317 | +0.025% | $6K | $177K | 10x | as long as short |
Injective TIA/USDC PERP
Deribit TIA_USDC-PERPETUAL
Bybit TIAUSDT
gTrade (Gains Network) TIA/USD
dYdX TIA-USD
Variational Omni TIA
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | +0.0099% | 1h | 0.4311 | −0.114% | $50K | $221K | 50x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4320 | +0.104% | $4.5M | $1.7M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4316 | +0.002% | $31K | $238K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4315 | −0.027% | $13.9M | $49.2M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4313 | −0.067% | $2.7M | $6.7M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4314 | −0.044% | $978K | $1.7M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4313 | −0.067% | $10.0M | $14.7M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4316 | +0.002% | $4.1M | $10.5M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4313 | −0.067% | $4.3M | $4.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4312 | −0.090% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4316 | −0.007% | $100K | $181K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4318 | +0.049% | $58K | $79K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4313 | −0.060% | $55K | $209K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4315 | −0.021% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0183% | 1h | 0.4315 | −0.031% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4311 | −0.114% | $1.5M | $792K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4407 | +2.111% | $53K | $109K | 50x | as long as short |
ApeX Omni TIAUSDT
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX