Funding you earn now, next payment 02:00 UTC−0.0115%/8h= −12.5% APRpaid last 24h +0.048%
Price spread now: OKX against Kraken Futures−0.119%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$740.739% of the position
Funding, last 7 days−0.367%−$37 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now −0.119%, 7d avg −0.100%
=The price spread sits at its 7-day average of −0.100%, so right now this pair is about funding alone: −$3 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 | 0.4363 | −0.0003 | get 0.0000% / 1h | 45m 01s | $359K | $226K | 50x |
| Short | OKX TIA-USDT-SWAP | 0.4358 | −0.0117 | pay 0.0059% / 4h | 2h 45m | $2.8M | $6.0M | 50x |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$24.07
- Price spread: −0.119% → −0.100%
- −$1.84
- Slippage, 4 orders
- −$53.94
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.85
- Costs to cover
- 0.739%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 23 min ago; OKX: live order book, 3 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, 23 min ago | 12.48 bp | 23.6 bp −$24 | 62.5 bp −$625 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.14 bp | 15.7 bp −$16 | 51.5 bp −$515 | 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 | −0.0369% | 1h | 0.4367 | +0.087% | $49K | $232K | 50x | as long as short |
| OKX TIA-USDT-SWAPshort | −0.0117% | 4h | 0.4358 | −0.119% | $2.8M | $6.0M | 50x | |
| KuCoin TIAUSDTM | −0.0004% | 4h | 0.4359 | −0.096% | $4.2M | $8.8M | 50x | as long as short |
| Kraken Futures PF_TIAUSDlong | −0.0003% | 1h | 0.4363 | long leg | $359K | $226K | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4361 | −0.050% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4363 | −0.008% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0039% | 4h | 0.4358 | −0.119% | $9.5M | $13.1M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4366 | +0.062% | $139K | $360K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4359 | −0.096% | $5K | $342K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4368 | +0.099% | $4.6M | $1.6M | 5x | as long as short |
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4359 | −0.089% | $34K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4361 | −0.050% | $14.3M | $42.1M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4363 | −0.004% | $981K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4360 | −0.073% | $12.5M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4363 | −0.004% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4360 | −0.073% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4361 | −0.046% | $101K | $161K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4361 | −0.043% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4366 | +0.064% | $58K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4356 | −0.168% | $49K | $189K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4358 | −0.114% | $7K | — | 3x | as long as short |
| dYdX TIA-USD | +0.0161% | 1h | 0.4367 | +0.094% | $52K | $199 | 10x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4357 | −0.133% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0266% | 1h | 0.4352 | −0.256% | $26K | $10K | 12x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0304% | 1h | 0.4377 | +0.317% | $51K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4373 | +0.225% | $1.3M | $617K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4361 | −0.042% | $36K | — | 100x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
dYdX TIA-USD
Reya TIARUSDPERP
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]