Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h −0.042%
Price spread now: Kraken Futures against Coinbase International−0.280%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.867%+$87 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.280% cheaper against Coinbase International than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.867%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TIA-PERP-INTX | 0.4359 | 0.0400 | pay 0.0050% / 1h | 6m 50s | $47K | $84K | 50x |
| Short | Kraken Futures PF_TIAUSD | 0.4347 | 0.0333 | get 0.0042% / 1h | 6m 50s | $345K | $205K | 50x |
Coinbase International TIA-PERP-INTX
Kraken Futures PF_TIAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Coinbase International. 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
- −$14.14
- Price spread: −0.280% → 0.000%
- −$28.03
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$62.17
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 46 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 46 min ago | 24.71 bp | 33.9 bp −$34 | 75.4 bp −$754 | doesn't fit | doesn't fit |
Coinbase International: 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 | −0.0017% | 1h | 0.4355 | −0.092% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4347 | −0.275% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4350 | −0.207% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4352 | −0.167% | $154K | $422K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4345 | −0.321% | $6K | $254K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4351 | −0.188% | $4.6M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4349 | −0.229% | $33K | $242K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4348 | −0.244% | $13.8M | $43.9M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4348 | −0.252% | $9.8M | $13.6M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4346 | −0.298% | $2.8M | $6.3M | 50x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4350 | −0.206% | $988K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4349 | −0.229% | $11.1M | $6.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4351 | −0.184% | $4.2M | $9.3M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4347 | −0.275% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4350 | −0.206% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4346 | −0.307% | $101K | $169K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4361 | +0.039% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4352 | −0.161% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4346 | −0.290% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4345 | −0.321% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4347 | −0.280% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4356 | −0.069% | $25K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSDshort | +0.0333% | 1h | 0.4347 | −0.280% | $345K | $205K | 50x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4348 | −0.252% | $1.7M | $713K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0359% / S −0.0613% | 1h | 0.4349 | −0.241% | $23K | — | 100x | as long as short |
| Coinbase International TIA-PERP-INTXlong | +0.0400% | 1h | 0.4359 | long leg | $47K | $84K | 50x | |
| dYdX TIA-USD | +0.0416% | 1h | 0.4351 | −0.184% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD