Funding you earn now, next payment 01:00 UTC−0.0943%/8h= −103.3% APRnext payment −$1.18 per $10,000 · paid last 24h −0.233%
Price spread now: ApeX Omni against dYdX−0.439%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.543%−$54 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 −$28 a day on $10k at the current rate, and ApeX Omni is 0.439% cheaper against dYdX than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.543% in total (about -28.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TIA-USD | 0.4400 | 0.1043 | pay 0.0130% / 1h | 24m 33s | $52K | $59 | 10x |
| Short | ApeX Omni TIAUSDT | 0.4381 | 0.0100 | get 0.0013% / 1h | 24m 33s | $49K | $235K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against dYdX. 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
- −$198.05
- Price spread: −0.439% → 0.000%
- −$43.85
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$261.91
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 47 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 dYdX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 47 min ago | 8.03 bp | 16.2 bp −$16 | 122.4 bp −$1,224 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0156% | 4h | 0.4394 | −0.143% | $2.8M | $5.9M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0152% | 1h | 0.4393 | −0.175% | $361K | $225K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0024% | 4h | 0.4395 | −0.120% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4395 | −0.120% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4394 | −0.140% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4404 | +0.075% | $140K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4393 | −0.166% | $5K | $362K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4404 | +0.086% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4398 | −0.048% | $34K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4397 | −0.066% | $14.6M | $41.0M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4394 | −0.143% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4399 | −0.029% | $989K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4399 | −0.029% | $13.3M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4396 | −0.098% | $4.5M | $3.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4398 | −0.052% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4400 | −0.014% | $102K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | −0.330% | $102K | $84K | — | as long as short |
| ApeX Omni TIAUSDTshort | +0.0100% | 1h | 0.4381 | −0.439% | $49K | $235K | 50x | |
| HTX TIA-USDT | +0.0100% | 4h | 0.4394 | −0.143% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4395 | −0.114% | $55K | $173K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4394 | −0.152% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4385 | −0.348% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4391 | −0.219% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4398 | −0.052% | $51K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4392 | −0.189% | $1.2M | $580K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4395 | −0.131% | $36K | — | 100x | as long as short |
| dYdX TIA-USDlong | +0.1043% | 1h | 0.4400 | long leg | $52K | $59 | 10x |
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]