Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.7% APRnext payment −$0.76 per $10,000 · paid last 24h −0.035%
Price spread now: Gate against Orderly−0.185%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 3 days (all we have)−0.098%−$10 · spread now −0.185%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.170% cheaper against Orderly than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TIA_USDC | 0.4323 | 0.0098 | pay 0.0049% / 4h | 1h 53m | $5K | $360K | 10x |
| Short | Gate TIA_USDT | 0.4315 | −0.0054 | pay 0.0027% / 4h | 1h 53m | $992K | $1.8M | 75x |
Orderly PERP_TIA_USDC
Gate TIA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Orderly. 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
- −$31.94
- Price spread: −0.185% → −0.015%
- −$17.05
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$69.99
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 4 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 5.80 bp | 23.6 bp −$24 | 68.1 bp −$681 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0229% | 1h | 0.4324 | +0.035% | $356K | $239K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0213% | 1h | 0.4321 | −0.046% | $30K | $27K | 25x | as long as short |
| ApeX Omni TIAUSDT | −0.0080% | 1h | 0.4307 | −0.370% | $48K | $237K | 50x | as long as short |
| Gate TIA_USDTshort | −0.0054% | 4h | 0.4315 | −0.185% | $992K | $1.8M | 75x | |
| KuCoin TIAUSDTM | −0.0052% | 4h | 0.4316 | −0.162% | $4.2M | $8.5M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0020% | 4h | 0.4313 | −0.231% | $2.7M | $5.8M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4324 | +0.030% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0024% | 4h | 0.4313 | −0.231% | $9.4M | $13.0M | 50x | as long as short |
| Variational Omni TIA | +0.0066% | 4h | 0.4320 | −0.066% | $101K | $84K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4321 | −0.046% | $127K | $350K | 10x | as long as short |
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Variational Omni TIA
Lighter TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDClong | +0.0098% | 4h | 0.4323 | long leg | $5K | $360K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4323 | −0.002% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4321 | −0.050% | $34K | $272K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4316 | −0.173% | $14.1M | $40.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4318 | −0.116% | $9.1M | $5.4M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4313 | −0.231% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4313 | −0.231% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4319 | −0.093% | $100K | $150K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4324 | +0.023% | $64K | $41K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4311 | −0.288% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4321 | −0.043% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4323 | 0.000% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4320 | −0.069% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4345 | +0.509% | $48K | $72K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4327 | +0.093% | $1.0M | $542K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4323 | +0.001% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0459% | 1h | 0.4321 | −0.056% | $51K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD