Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.009%
Price spread now: Backpack against gTrade (Gains Network)+0.006%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs 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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) TIA/USD | 0.4437 | L +0.0002% / S 0.0000% | pay 0.0000% / 1h | 16m 57s | $1K | — | 150x |
| Short | Backpack TIA_USDC_PERP | 0.4437 | 0.0100 | get 0.0013% / 1h | 16m 57s | $102K | $174K | 10x |
gTrade (Gains Network) TIA/USD
Backpack TIA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against gTrade (Gains Network). 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
- $20.49
- Price spread: +0.006% → 0.000%
- $0.61
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $1.1
- Costs to cover
- 0.200%
- Break-even
- 6.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 21 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 21 min ago | 1.25 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC] | L −0.0963% / S +0.0083% | 1h | 0.4436 | −0.031% | $6K | — | 100x | as long as short |
| ApeX Omni TIAUSDT | −0.0099% | 1h | 0.4435 | −0.043% | $51K | $225K | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0007% | 1h | 0.4438 | +0.015% | $350K | $206K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4436 | −0.021% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USDlong | L +0.0002% / S 0.0000% | 1h | 0.4437 | long leg | $1K | — | 150x | |
| Injective TIA/USDC PERP | +0.0014% | 1h | 0.4442 | +0.114% | $24K | $12K | 12x | as long as short |
| OKX TIA-USDT-SWAP | +0.0048% | 4h | 0.4434 | −0.066% | $2.8M | $6.7M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4441 | +0.080% | $153K | $424K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4436 | −0.021% | $7K | $232K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4442 | +0.112% | $4.8M | $1.5M | 5x | as long as short |
GMX TIA/USD [ETH-USDC]
ApeX Omni TIAUSDT
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
Injective TIA/USDC PERP
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4438 | +0.013% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4439 | +0.057% | $14.1M | $48.2M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4438 | +0.024% | $10.1M | $14.0M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4439 | +0.047% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4437 | +0.002% | $12.4M | $14.1M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4436 | −0.021% | $4.2M | $10.0M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4436 | −0.021% | $4.4M | $4.1M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4437 | +0.002% | — | $103.9M | — | as long as short |
| Backpack TIA_USDC_PERPshort | +0.0100% | 1h | 0.4437 | +0.006% | $102K | $174K | 10x | |
| Variational Omni TIA | +0.0100% | 4h | 0.4423 | −0.320% | $135K | $78K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4434 | −0.066% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4434 | −0.075% | $57K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4435 | −0.037% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4431 | −0.131% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0223% | 1h | 0.4437 | +0.005% | $53K | $139 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4442 | +0.114% | $1.7M | $717K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0432% | 1h | 0.4443 | +0.137% | $52K | $103K | 50x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX