Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.056%
Price spread now: Binance against Deribit+0.023%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.023% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TIA_USDC-PERPETUAL | 0.4422 | 0 | get 0.0000% / 1h | 15m 19s | $31K | $25K | 25x |
| Short | Binance TIAUSDT | 0.4423 | 0.0100 | get 0.0050% / 4h | 15m 19s | $14.5M | $43.1M | 75x |
Deribit TIA_USDC-PERPETUAL
Binance TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $21
- Price spread: +0.023% → 0.000%
- $2.25
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $6.25
- Costs to cover
- 0.170%
- Break-even
- 4.9 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 12 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 1.13 bp | 10.9 bp −$11 | 23.4 bp −$234 | 97.0 bp −$9,699 | doesn't fit |
Deribit: 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 | −0.0037% | 1h | 0.4423 | +0.023% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALlong | 0.0000% | 1h | 0.4422 | long leg | $31K | $25K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4423 | +0.021% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0038% | 4h | 0.4418 | −0.097% | $103K | $66K | — | as long as short |
| KuCoin TIAUSDTM | +0.0068% | 4h | 0.4421 | −0.023% | $4.2M | $9.1M | 50x | as long as short |
| Bybit TIAUSDT | +0.0083% | 4h | 0.4419 | −0.068% | $9.8M | $13.6M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4427 | +0.106% | $156K | $419K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4421 | −0.023% | $5K | $268K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4429 | +0.156% | $4.8M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4424 | +0.043% | $33K | $248K | 10x | as long as short |
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
Variational Omni TIA
KuCoin TIAUSDTM
Bybit TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDTshort | +0.0100% | 4h | 0.4423 | +0.023% | $14.5M | $43.1M | 75x | |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4416 | −0.136% | $2.8M | $6.3M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4424 | +0.045% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4423 | +0.023% | $11.9M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4420 | −0.045% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4421 | −0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4420 | −0.034% | $102K | $167K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4422 | 0.000% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4418 | −0.095% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4420 | −0.034% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0164% | 1h | 0.4422 | 0.000% | $361K | $194K | 50x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4417 | −0.122% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4431 | +0.204% | $26K | $10K | 12x | as long as short |
| dYdX TIA-USD | +0.0312% | 1h | 0.4421 | −0.018% | $53K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4416 | −0.136% | $1.6M | $737K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0384% | 1h | 0.4452 | +0.678% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0495% / S −0.1196% | 1h | 0.4423 | +0.013% | $40K | — | 100x | as long as short |
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Kraken Futures PF_TIAUSD
Reya TIARUSDPERP
Injective TIA/USDC PERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]