TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.099%

Price spread now: Reya against Kraken Futures−0.081%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.081% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 35 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_TIAUSD	0.4352	−0.0003	get 0.0000% / 1h	42m 08s	$356K	$228K	50x
Short	Reya TIARUSDPERP	0.4349	0.0180	get 0.0022% / 1h	42m 08s	$6K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ReyabpOrdersPrice spread, now −0.081%Rate

Funding earned: $38.26
Price spread: −0.081% → 0.000%: −$8.08
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $14.18
Costs to cover: 0.160%
Break-even: 4.4 days

Slippage unknown: Kraken Futures: live order book, 26 min ago; Reya: 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, 26 min ago	12.48 bp	23.6 bp −$24	62.5 bp −$625	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
ApeX Omni TIAUSDT	−0.0369%	1h	0.4367	+0.335%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0120%	4h	0.4349	−0.078%	$2.8M	$6.0M	50x	as long as short
KuCoin TIAUSDTM	−0.0004%	4h	0.4349	−0.078%	$4.2M	$8.9M	50x	as long as short
Kraken Futures PF_TIAUSDlong	−0.0003%	1h	0.4352	long leg	$356K	$228K	50x
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4350	−0.055%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4351	−0.032%	$1K	—	150x	as long as short
Bybit TIAUSDT	+0.0045%	4h	0.4347	−0.124%	$9.5M	$13.1M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4355	+0.048%	$128K	$371K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4349	−0.078%	$5K	$339K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4358	+0.124%	$4.6M	$1.6M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4351	−0.023%	$34K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4350	−0.055%	$14.3M	$42.2M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4355	+0.059%	$979K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4352	−0.009%	$12.4M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4351	−0.032%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4351	−0.032%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4351	−0.021%	$101K	$162K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4361	+0.205%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4359	+0.151%	$58K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4347	−0.114%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4348	−0.102%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0134%	1h	0.4353	+0.013%	$52K	$199	10x	as long as short
Reya TIARUSDPERPshort	+0.0180%	1h	0.4349	−0.081%	$6K	—	15x
Injective TIA/USDC PERP	+0.0266%	1h	0.4352	−0.009%	$26K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4377	+0.565%	$51K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4373	+0.473%	$1.3M	$617K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0461% / S −0.3505%	1h	0.4350	−0.048%	$35K	—	100x	as long as short