TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.13 per $10,000 · paid last 24h −0.090%

Price spread now: Kraken Futures against Reya+0.115%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Kraken Futures

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

The price spread pays, funding is against you. Kraken Futures is 0.115% dearer against Reya than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TIARUSDPERP	0.4405	0.0180	pay 0.0023% / 1h	6m 52s	$6K	—	15x
Short	Kraken Futures PF_TIAUSD	0.4410	0.0075	get 0.0009% / 1h	6m 52s	$360K	$202K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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 ReyabpFee Kraken FuturesbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$22.13
Price spread: +0.115% → 0.000%: $11.52
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$26.61
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 56 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 Reya no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 56 min ago	15.88 bp	28.8 bp −$29	76.6 bp −$766	doesn't fit	doesn't fit

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
Bybit TIAUSDT	−0.0109%	4h	0.4403	−0.046%	$9.7M	$13.5M	50x	as long as short
KuCoin TIAUSDTM	−0.0028%	4h	0.4404	−0.023%	$4.2M	$9.0M	50x	as long as short
Variational Omni TIA	−0.0009%	4h	0.4424	+0.423%	$104K	$85K	—	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4411	+0.136%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4412	+0.156%	$1K	—	150x	as long as short
Kraken Futures PF_TIAUSDshort	+0.0075%	1h	0.4410	+0.115%	$360K	$202K	50x
Lighter TIA	+0.0096%	1h	0.4414	+0.197%	$156K	$417K	10x	as long as short
ApeX Omni TIAUSDT	+0.0097%	1h	0.4429	+0.545%	$50K	$231K	50x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4413	+0.179%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4411	+0.132%	$32K	$245K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4407	+0.047%	$14.5M	$42.8M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4404	−0.023%	$2.8M	$6.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4409	+0.091%	$1.0M	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4408	+0.068%	$12.1M	$6.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4407	+0.045%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4407	+0.045%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4409	+0.084%	$102K	$153K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4409	+0.091%	$5K	$292K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4412	+0.159%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4404	−0.015%	$56K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4409	+0.082%	$7K	—	3x	as long as short
Reya TIARUSDPERPlong	+0.0180%	1h	0.4405	long leg	$6K	—	15x
dYdX TIA-USD	+0.0204%	1h	0.4412	+0.161%	$52K	$199	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4420	+0.340%	$1.5M	$724K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0376%	1h	0.4418	+0.295%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0494% / S −0.1196%	1h	0.4411	+0.145%	$40K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0496%	1h	0.4438	+0.749%	$26K	$10K	12x	as long as short