Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0333%/8h= +36.4% APRnext payment +$0.42 per $10,000 · paid last 24h −0.005%
Price spread now: Kraken Futures against Deribit−0.005%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TIA_USDC-PERPETUAL0.43470get 0.0000% / 1h7m 11s$30K$25K25x
ShortKraken Futures PF_TIAUSD0.43470.0333get 0.0042% / 1h7m 11s$345K$205K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$69.86
Price spread: −0.005% → 0.000%
−$0.5
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$52.36
Costs to cover
0.170%
Break-even
1.8 days
Slippage unknown: Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Kraken Futures live order book, 46 min ago24.71 bp33.9 bp −$3475.4 bp −$754doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni TIAUSDT−0.0017%1h0.4355+0.184%$50K$230K50xas long as short
Deribit TIA_USDC-PERPETUALlong0.0000%1h0.4347long leg$30K$25K25x
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4350+0.069%$1K150xas long as short
Lighter TIA+0.0096%1h0.4352+0.108%$154K$422K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4345−0.046%$6K$254K10xas long as short
Hyperliquid TIA+0.0100%1h0.4353+0.133%$4.7M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4349+0.046%$33K$242K10xas long as short
Binance TIAUSDT+0.0100%4h0.4346−0.015%$13.8M$43.9M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4346−0.023%$9.7M$13.6M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4344−0.069%$2.8M$6.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4351+0.092%$988K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4348+0.023%$11.1M$6.5M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4348+0.023%$4.2M$9.3M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4344−0.069%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.43470.000%$103.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4350+0.078%$102K$169K10xas long as short
Variational Omni TIA+0.0100%4h0.4361+0.315%$102K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4352+0.115%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4343−0.089%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4345−0.046%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4347−0.005%$6K15xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4356+0.207%$25K$11K12xas long as short
Kraken Futures PF_TIAUSDshort+0.0333%1h0.4347−0.005%$345K$205K50x
BloFin TIA-USDT+0.0340%4h0.4348+0.023%$1.7M$713K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0359% / S −0.0613%1h0.4349+0.035%$23K100xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4359+0.276%$47K$84K50xas long as short
dYdX TIA-USD+0.0416%1h0.4351+0.092%$52K$13910xas long as short