Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Orderly+0.053%7-day average +0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.163%−$16 · spread now +0.053%, 7d avg +0.069%
=Together, before fees−0.202%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TIA_USDC | 0.4368 | 0.0098 | pay 0.0049% / 4h | 32m 55s | $5K | $363K | 10x |
| Short | Hyperliquid TIA | 0.4370 | 0.0100 | get 0.0013% / 1h | 32m 55s | $4.3M | $1.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.51
- Price spread: +0.053% → +0.069%
- −$1.65
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$16.14
- Costs to cover
- 0.150%
- Break-even
- 229.3 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago | 0.92 bp | 10.7 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0176% | 4h | 0.4363 | −0.114% | $2.8M | $6.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0163% | 1h | 0.4366 | −0.035% | $358K | $245K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0032% | 4h | 0.4363 | −0.114% | $4.2M | $8.7M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4369 | +0.023% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4370 | +0.038% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0019% | 1h | 0.4361 | −0.160% | $49K | $235K | 50x | as long as short |
| Gate TIA_USDT | +0.0072% | 4h | 0.4366 | −0.046% | $984K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4371 | +0.066% | $139K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDClong | +0.0098% | 4h | 0.4368 | long leg | $5K | $363K | 10x | |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4370 | +0.053% | $4.3M | $1.5M | 5x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4366 | −0.046% | $35K | $268K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4365 | −0.069% | $14.5M | $42.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4364 | −0.092% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4365 | −0.069% | $13.4M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4365 | −0.069% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4364 | −0.092% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4366 | −0.034% | $101K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4363 | −0.115% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4372 | +0.092% | $66K | $43K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4362 | −0.132% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4366 | −0.034% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4366 | −0.045% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.481% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4368 | 0.000% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4362 | −0.137% | $1.1M | $572K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4369 | +0.027% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0679% | 1h | 0.4366 | −0.038% | $52K | $59 | 10x | as long as short |
Hyperliquid TIA
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Gate TIA_USDT
Lighter TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]