Funding you earn now, next payment 06:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.025%
Price spread now: Reya against Orderly+0.197%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.197% dearer against Orderly than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | Orderly PERP_TIA_USDC | 0.4358 | 0.0099 | pay 0.0050% / 4h | 2h 12m | $6K | $267K | 10x |
| Short | Reya TIARUSDPERP | 0.4367 | 0.0181 | get 0.0023% / 1h | 12m 30s | $6K | — | 15x |
Orderly PERP_TIA_USDC
Reya TIARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $17.17
- Price spread: +0.197% → 0.000%
- $19.74
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $24.91
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Orderly and 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4358 | 0.000% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4359 | +0.033% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0063% | 1h | 0.4349 | −0.207% | $50K | $227K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4359 | +0.030% | $150K | $430K | 10x | as long as short |
| Orderly PERP_TIA_USDClong | +0.0099% | 4h | 0.4358 | long leg | $6K | $267K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4358 | 0.000% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4361 | +0.069% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4363 | +0.115% | $13.6M | $45.0M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4363 | +0.115% | $9.8M | $13.9M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4362 | +0.092% | $2.7M | $6.4M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4354 | −0.092% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4353 | −0.115% | $12.8M | $8.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4352 | −0.138% | $4.2M | $9.6M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4368 | +0.229% | $4.4M | $3.7M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4351 | −0.161% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4359 | +0.018% | $101K | $175K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4346 | −0.280% | $101K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4362 | +0.092% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4351 | −0.166% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4356 | −0.046% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0174% / S +0.0051% | 1h | 0.4359 | +0.015% | $6K | — | 100x | as long as short |
| Reya TIARUSDPERPshort | +0.0181% | 1h | 0.4367 | +0.197% | $6K | — | 15x | |
| Kraken Futures PF_TIAUSD | +0.0192% | 1h | 0.4359 | +0.026% | $346K | $205K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4369 | +0.252% | $25K | $11K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4355 | −0.069% | $1.6M | $702K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4363 | +0.115% | $47K | $84K | 50x | as long as short |
| dYdX TIA-USD | +0.0437% | 1h | 0.4356 | −0.041% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD