Funding you earn now, next payment 03:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: ApeX Omni against Backpack+0.165%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now +0.165%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.144% dearer against Backpack than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TIA_USDC_PERP | 0.4422 | 0.0100 | pay 0.0013% / 1h | 7m 34s | $102K | $153K | 10x |
| Short | ApeX Omni TIAUSDT | 0.4429 | 0.0097 | get 0.0012% / 1h | 7m 34s | $50K | $231K | 50x |
Backpack TIA_USDC_PERP
ApeX Omni TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Backpack. 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
- −$0.64
- Price spread: +0.165% → +0.021%
- $14.38
- Slippage, 4 orders
- −$35.69
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$41.95
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 55 min ago; ApeX Omni: live order book, 54 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 Backpack live order book, 55 min ago | 0.91 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 54 min ago | 6.80 bp | 14.7 bp −$15 | 109.2 bp −$1,092 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.0109% | 4h | 0.4403 | −0.423% | $9.7M | $13.5M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0026% | 4h | 0.4405 | −0.378% | $4.2M | $9.0M | 50x | as long as short |
| Variational Omni TIA | −0.0009% | 4h | 0.4424 | +0.044% | $104K | $85K | — | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4424 | +0.052% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4425 | +0.071% | $1K | — | 150x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0074% | 1h | 0.4428 | +0.139% | $362K | $202K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4418 | −0.077% | $156K | $417K | 10x | as long as short |
| ApeX Omni TIAUSDTshort | +0.0097% | 1h | 0.4429 | +0.165% | $50K | $231K | 50x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4417 | −0.113% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4412 | −0.219% | $32K | $245K | 10x | as long as short |
Bybit TIAUSDT
KuCoin TIAUSDTM
Variational Omni TIA
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Kraken Futures PF_TIAUSD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4410 | −0.272% | $14.5M | $42.8M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4404 | −0.400% | $2.8M | $6.1M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4413 | −0.197% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4412 | −0.219% | $12.1M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4407 | −0.332% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4409 | −0.287% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERPlong | +0.0100% | 1h | 0.4422 | long leg | $102K | $153K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4422 | +0.007% | $5K | $294K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4428 | +0.142% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4407 | −0.326% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4424 | +0.052% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4405 | −0.377% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0204% | 1h | 0.4412 | −0.217% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4430 | +0.188% | $1.5M | $719K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4443 | +0.482% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0495% / S −0.1196% | 1h | 0.4424 | +0.060% | $41K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4438 | +0.369% | $26K | $10K | 12x | as long as short |
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Orderly PERP_TIA_USDC
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP