Funding you earn now, next payment 06:00 UTC−0.0314%/8h= −34.4% APRpaid last 24h −0.033%
Price spread now: Deribit against Gate−0.070%51s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$9 a day on $10k at the current rate, and Deribit is 0.070% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | Gate TIA_USDT | 0.4313 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $967K | $1.8M | 75x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4310 | −0.0214 | pay 0.0027% / 1h | 30m 30s | $30K | $25K | 25x |
Gate TIA_USDT
Deribit TIA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- −$65.9
- Price spread: −0.070% → 0.000%
- −$6.96
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$94.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Deribit: 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 Gate live order book, 2 min ago | 6.95 bp | 29.2 bp −$29 | 82.4 bp −$824 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUALshort | −0.0214% | 1h | 0.4310 | −0.070% | $30K | $25K | 25x | |
| ApeX Omni TIAUSDT | −0.0021% | 1h | 0.4310 | −0.070% | $49K | $227K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4313 | 0.000% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4310 | −0.060% | $149K | $428K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4310 | −0.070% | $6K | $271K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4318 | +0.114% | $4.6M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4315 | +0.040% | $33K | $243K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4310 | −0.066% | $13.5M | $44.2M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4309 | −0.093% | $9.6M | $13.8M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4312 | −0.023% | $2.7M | $6.3M | 50x | as long as short |
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDTlong | +0.0100% | 4h | 0.4313 | long leg | $967K | $1.8M | 75x | |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4313 | 0.000% | $10.3M | $6.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4306 | −0.162% | $4.1M | $9.4M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4312 | −0.023% | $4.4M | $3.7M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4309 | −0.093% | — | $103.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4309 | −0.104% | $99K | $174K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4306 | −0.155% | $100K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4311 | −0.046% | $57K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4304 | −0.201% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4309 | −0.093% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4312 | −0.025% | $6K | — | 15x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0194% | 1h | 0.4313 | −0.003% | $342K | $205K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0204% / S +0.0050% | 1h | 0.4312 | −0.014% | $6K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4317 | +0.093% | $25K | $11K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4305 | −0.185% | $1.6M | $694K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4378 | +1.507% | $47K | $84K | 50x | as long as short |
| dYdX TIA-USD | +0.0502% | 1h | 0.4309 | −0.086% | $51K | $139 | 10x | as long as short |
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Kraken Futures PF_TIAUSD
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD