TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h +0.078%

Price spread now: Reya against Deribit−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.032% cheaper against Deribit than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TIA_USDC-PERPETUAL	0.4381	0	get 0.0000% / 1h	15m 36s	$30K	$25K	25x
Short	Reya TIARUSDPERP	0.4380	0.0181	get 0.0023% / 1h	15m 36s	$6K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee DeribitbpFee ReyabpOrdersPrice spread, now −0.032%Rate

Funding earned: $37.95
Price spread: −0.032% → 0.000%: −$3.2
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $21.75
Costs to cover: 0.130%
Break-even: 3.0 days

Slippage unknown: Deribit: no order-book sample; Reya: 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 Deribit no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Deribit and Reya: 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	−0.0079%	1h	0.4379	−0.046%	$50K	$230K	50x	as long as short
Deribit TIA_USDC-PERPETUALlong	0.0000%	1h	0.4381	long leg	$30K	$25K	25x
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4384	+0.068%	$1K	—	150x	as long as short
Lighter TIA	+0.0096%	1h	0.4390	+0.203%	$156K	$420K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4382	+0.023%	$6K	$249K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4388	+0.164%	$4.7M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4384	+0.075%	$33K	$242K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4384	+0.068%	$13.9M	$43.7M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4384	+0.068%	$9.8M	$13.6M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4382	+0.023%	$2.8M	$6.3M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4386	+0.114%	$996K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4383	+0.046%	$11.2M	$6.5M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4385	+0.091%	$4.2M	$9.3M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4387	+0.137%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4384	+0.068%	—	$103.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4382	+0.016%	$101K	$167K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4379	−0.040%	$102K	$51K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4387	+0.137%	$58K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4382	+0.012%	$55K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4380	−0.013%	$7K	—	3x	as long as short
Reya TIARUSDPERPshort	+0.0181%	1h	0.4380	−0.032%	$6K	—	15x
Injective TIA/USDC PERP	+0.0271%	1h	0.4381	0.000%	$25K	$11K	12x	as long as short
Kraken Futures PF_TIAUSD	+0.0330%	1h	0.4385	+0.086%	$358K	$193K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4385	+0.091%	$1.7M	$719K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0360% / S −0.1196%	1h	0.4384	+0.064%	$40K	—	100x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4397	+0.365%	$49K	$78K	50x	as long as short
dYdX TIA-USD	+0.0446%	1h	0.4384	+0.071%	$52K	$139	10x	as long as short