Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Orderly against Bybit+0.023%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.023%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.026% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TIAUSDT | 0.4400 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $9.9M | $13.8M | 50x |
| Short | Orderly PERP_TIA_USDC | 0.4401 | 0.0099 | get 0.0050% / 4h | 1h 11m | $7K | $244K | 10x |
Bybit TIAUSDT
Orderly PERP_TIA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- −$0.15
- Price spread: +0.023% → +0.048%
- −$2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.71
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.14 bp | 13.1 bp −$13 | 26.6 bp −$266 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4386 | −0.310% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0063% | 4h | 0.4395 | −0.114% | $2.8M | $6.5M | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0069% / S +0.0054% | 1h | 0.4400 | −0.003% | $6K | — | 100x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4407 | +0.150% | $151K | $426K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0099% | 4h | 0.4401 | +0.023% | $7K | $244K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4405 | +0.118% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4399 | −0.020% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4400 | 0.000% | $13.8M | $47.6M | 75x | as long as short |
| Bybit TIAUSDTlong | +0.0100% | 4h | 0.4400 | long leg | $9.9M | $13.8M | 50x | |
| Gate TIA_USDT | +0.0100% | 4h | 0.4402 | +0.045% | $1.0M | $1.9M | 75x | as long as short |
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
GMX TIA/USD [ETH-USDC]
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TIA_USDT | +0.0100% | 4h | 0.4401 | +0.023% | $12.9M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4403 | +0.068% | $4.2M | $9.8M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4400 | 0.000% | $4.4M | $3.8M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4400 | 0.000% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4400 | +0.002% | $102K | $169K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4382 | −0.415% | $102K | $50K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4387 | −0.295% | $50K | $225K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4400 | 0.000% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4399 | −0.011% | $56K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4400 | 0.000% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0144% | 1h | 0.4400 | +0.009% | $349K | $203K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4385 | −0.341% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4398 | −0.044% | $6K | — | 15x | as long as short |
| Deribit TIA_USDC-PERPETUAL | +0.0205% | 1h | 0.4402 | +0.045% | $31K | $25K | 25x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4382 | −0.409% | $1.7M | $707K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4408 | +0.182% | $47K | $87K | 50x | as long as short |
| dYdX TIA-USD | +0.0472% | 1h | 0.4401 | +0.025% | $52K | $139 | 10x | as long as short |
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
Reya TIARUSDPERP
Deribit TIA_USDC-PERPETUAL
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD