Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: Backpack against Variational Omni+0.064%7-day average +0.013% · 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)−0.081%−$8 on $10k
+Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.064%, 7d avg +0.013%
=Together, before fees−0.269%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.050% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TIA | 0.4371 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $102K | $84K | — |
| Short | Backpack TIA_USDC_PERP | 0.4374 | 0.0100 | get 0.0013% / 1h | 46m 18s | $104K | $152K | 10x |
Variational Omni TIA
Backpack TIA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Variational Omni. 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
- Price spread: +0.064% → +0.013%
- $5.02
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$4.98
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Backpack: live order book, 27 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 Variational Omni RFQ quote, 38 min ago | 4.59 bp | doesn't fit | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 27 min ago | 1.15 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0207% | 1h | 0.4372 | +0.027% | $30K | $27K | 25x | as long as short |
| OKX TIA-USDT-SWAP | −0.0191% | 4h | 0.4369 | −0.042% | $2.8M | $6.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4376 | +0.109% | $360K | $247K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0048% | 4h | 0.4370 | −0.019% | $4.2M | $8.8M | 50x | as long as short |
| Bybit TIAUSDT | −0.0048% | 4h | 0.4371 | +0.004% | $9.6M | $13.1M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0030% | 1h | 0.4368 | −0.065% | $49K | $235K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4375 | +0.096% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4379 | +0.183% | $139K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4374 | +0.073% | $5K | $364K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4380 | +0.215% | $4.5M | $1.5M | 5x | as long as short |
Deribit TIA_USDC-PERPETUAL
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Bybit TIAUSDT
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4373 | +0.044% | $34K | $262K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4373 | +0.050% | $14.5M | $41.7M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4375 | +0.096% | $981K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4374 | +0.073% | $13.2M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4372 | +0.027% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4371 | +0.004% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERPshort | +0.0100% | 1h | 0.4374 | +0.064% | $104K | $152K | 10x | |
| Variational Omni TIAlong | +0.0100% | 4h | 0.4371 | long leg | $102K | $84K | — | |
| HTX TIA-USDT | +0.0100% | 4h | 0.4376 | +0.118% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4370 | −0.011% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4373 | +0.039% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4379 | +0.187% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4370 | −0.021% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.416% | $51K | $77K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4374 | +0.073% | $1.2M | $578K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4374 | +0.070% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0727% | 1h | 0.4376 | +0.125% | $52K | $59 | 10x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
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