Funding you earn now, next payment 04:00 UTC−0.0300%/8h= −32.9% APRpaid last 24h +0.016%
Price spread now: Orderly against Coinbase International−0.718%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+0.568%+$57 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 −$9 a day on $10k at the current rate, and Orderly is 0.718% cheaper against Coinbase International than usual: you would sell low and buy high (−$72 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 +0.568%, 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 | 0.4456 | 0.0400 | pay 0.0050% / 1h | 48m 05s | $52K | $77K | 50x |
| Short | Orderly PERP_TIA_USDC | 0.4424 | 0.0100 | get 0.0050% / 4h | 3h 48m | $5K | $239K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$63.05
- Price spread: −0.718% → 0.000%
- −$71.81
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$150.86
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Coinbase International and 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4425 | −0.696% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4423 | −0.743% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0093% | 4h | 0.4419 | −0.830% | $2.8M | $6.3M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4430 | −0.586% | $156K | $417K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0100% | 4h | 0.4424 | −0.718% | $5K | $239K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4429 | −0.613% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4423 | −0.741% | $34K | $241K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4424 | −0.712% | $14.5M | $43.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4423 | −0.741% | $9.9M | $13.4M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4425 | −0.696% | $1.0M | $1.8M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TIA_USDT | +0.0100% | 4h | 0.4424 | −0.718% | $11.8M | $6.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4424 | −0.718% | $4.3M | $9.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4421 | −0.785% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4422 | −0.763% | — | $101.7M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4424 | −0.720% | $102K | $169K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4440 | −0.354% | $103K | $66K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4451 | −0.112% | $50K | $230K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4427 | −0.651% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4418 | −0.858% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4423 | −0.752% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4421 | −0.778% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4445 | −0.247% | $26K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0327% | 1h | 0.4422 | −0.766% | $361K | $193K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4425 | −0.696% | $1.7M | $736K | 75x | as long as short |
| Coinbase International TIA-PERP-INTXlong | +0.0400% | 1h | 0.4456 | long leg | $52K | $77K | 50x | |
| GMX TIA/USD [ETH-USDC] | L +0.0495% / S −0.1196% | 1h | 0.4422 | −0.768% | $40K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0524% | 1h | 0.4424 | −0.714% | $53K | $139 | 10x | as long as short |
Coinbase International TIA-PERP-INTX
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]