Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.006%
Price spread now: Orderly against Variational Omni+0.415%7-day average +0.039% · 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)+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.415%, 7d avg +0.039%
=Together, before fees+0.074%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Orderly is 0.376% dearer against Variational Omni than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TIA | 0.4399 | 0.0089 | pay 0.0044% / 4h | 1h 41m | $103K | $84K | — |
| Short | Orderly PERP_TIA_USDC | 0.4417 | 0.0100 | get 0.0050% / 4h | 1h 41m | $5K | $317K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $2.28
- Price spread: +0.415% → +0.039%
- $37.6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $33.88
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 32 min ago; Orderly: 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 Variational Omni RFQ quote, 32 min ago | 4.55 bp | doesn't fit | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0036% | 1h | 0.4408 | +0.211% | $50K | $232K | 50x | as long as short |
| Bybit TIAUSDT | −0.0008% | 4h | 0.4403 | +0.097% | $9.5M | $13.3M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4418 | +0.438% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4420 | +0.481% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0020% | 4h | 0.4406 | +0.165% | $4.2M | $9.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0029% | 4h | 0.4404 | +0.120% | $2.8M | $6.1M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0075% | 1h | 0.4422 | +0.528% | $361K | $208K | 50x | as long as short |
| Variational Omni TIAlong | +0.0089% | 4h | 0.4399 | long leg | $103K | $84K | — | |
| Lighter TIA | +0.0096% | 1h | 0.4410 | +0.256% | $156K | $413K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0100% | 4h | 0.4417 | +0.415% | $5K | $317K | 10x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4411 | +0.279% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4410 | +0.247% | $32K | $246K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4405 | +0.143% | $14.5M | $42.7M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4408 | +0.211% | $992K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4407 | +0.188% | $12.3M | $6.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4407 | +0.188% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4405 | +0.143% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4416 | +0.402% | $103K | $153K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4423 | +0.552% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4404 | +0.111% | $56K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4417 | +0.415% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4416 | +0.389% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0231% | 1h | 0.4408 | +0.215% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4421 | +0.506% | $1.5M | $709K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4430 | +0.711% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0494% / S −0.1196% | 1h | 0.4419 | +0.450% | $40K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4410 | +0.256% | $26K | $10K | 12x | as long as short |
Variational Omni TIA
ApeX Omni TIAUSDT
Bybit TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP