Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: Backpack against Aster+0.036%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 6 days (all we have)−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.036%, 7d avg −0.041%
=Together, before fees−0.227%+ Points / potential airdropAster: Stage 5 · farm board−$23 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 0.076% dearer against Aster than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TIAUSDT | 0.4450 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $33K | $249K | 10x |
| Short | Backpack TIA_USDC_PERP | 0.4451 | 0.0100 | get 0.0013% / 1h | 55m 52s | $103K | $175K | 10x |
Aster TIAUSDT
Backpack TIA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. 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: +0.036% → −0.041%
- $7.65
- Slippage, 4 orders
- −$56.62
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$66.98
- Costs to cover
- 0.746%
- Break-even
- never at this rate
Slippage from Aster: live order book, 41 min ago; Backpack: live order book, 42 min ago.
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 Aster live order book, 41 min ago | 6.78 bp | 16.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 42 min ago | 1.25 bp | 15.6 bp −$16 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC] | L −0.1691% / S +0.0104% | 1h | 0.4455 | +0.128% | $5K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0113% | 1h | 0.4455 | +0.122% | $352K | $221K | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0090% | 1h | 0.4454 | +0.097% | $51K | $224K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4456 | +0.141% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4455 | +0.116% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0036% | 4h | 0.4440 | −0.218% | $2.8M | $6.8M | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0048% | 1h | 0.4456 | +0.141% | $24K | $12K | 12x | as long as short |
| dYdX TIA-USD | +0.0048% | 1h | 0.4459 | +0.216% | $53K | $139 | 10x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4459 | +0.211% | $193K | $467K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4454 | +0.097% | $7K | $226K | 10x | as long as short |
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSD
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
Injective TIA/USDC PERP
dYdX TIA-USD
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4451 | +0.031% | $4.8M | $1.5M | 5x | as long as short |
| Aster TIAUSDTlong | +0.0100% | 4h | 0.4450 | long leg | $33K | $249K | 10x | |
| Binance TIAUSDT | +0.0100% | 4h | 0.4445 | −0.106% | $14.1M | $48.6M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4444 | −0.128% | $10.1M | $14.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4448 | −0.038% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4444 | −0.128% | $12.2M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4446 | −0.083% | $4.3M | $10.0M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4439 | −0.241% | $4.4M | $4.1M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4443 | −0.151% | — | $103.9M | — | as long as short |
| Backpack TIA_USDC_PERPshort | +0.0100% | 1h | 0.4451 | +0.036% | $103K | $175K | 10x | |
| Variational Omni TIA | +0.0100% | 4h | 0.4451 | +0.024% | $136K | $78K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4460 | +0.231% | $60K | $76K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4439 | −0.233% | $57K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4454 | +0.085% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4453 | +0.082% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4459 | +0.209% | $1.7M | $720K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0416% | 1h | 0.4465 | +0.344% | $52K | $104K | 50x | as long as short |
Hyperliquid TIA
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX