Funding you earn now, next payment 01:00 UTC−0.0253%/8h= −27.7% APRpaid last 24h −0.057%
Price spread now: Kraken Futures against Gate+0.095%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days+0.405%+$40 on $10k
+Price spread, last 3 days (all we have)+0.085%+$8 · spread now +0.095%, 7d avg +0.063%
=The price spread pays, funding is against you. Kraken Futures is 0.032% dearer against Gate than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.063%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.405%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TIA_USDT | 0.4357 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $980K | $1.8M | 75x |
| Short | Kraken Futures PF_TIAUSD | 0.4361 | −0.0153 | pay 0.0019% / 1h | 2m 07s | $358K | $226K | 50x |
Gate TIA_USDT
Kraken Futures PF_TIAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$53.2
- Price spread: +0.095% → +0.063%
- $3.22
- Slippage, 4 orders
- −$69.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$144.22
- Costs to cover
- 0.942%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 6 min ago.
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, 1 min ago | 3.44 bp | 26.8 bp −$27 | 78.0 bp −$780 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 12.48 bp | 22.0 bp −$22 | 75.5 bp −$755 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSDshort | −0.0153% | 1h | 0.4361 | +0.095% | $358K | $226K | 50x | |
| OKX TIA-USDT-SWAP | −0.0138% | 4h | 0.4354 | −0.069% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0028% | 4h | 0.4357 | 0.000% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4358 | +0.023% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4365 | +0.183% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0069% | 4h | 0.4353 | −0.092% | $9.5M | $12.9M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4363 | +0.131% | $139K | $361K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4359 | +0.046% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4363 | +0.133% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4362 | +0.120% | $34K | $239K | 10x | as long as short |
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4359 | +0.046% | $14.6M | $41.5M | 75x | as long as short |
| Gate TIA_USDTlong | +0.0100% | 4h | 0.4357 | long leg | $980K | $1.8M | 75x | |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4359 | +0.046% | $12.8M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4358 | +0.023% | $4.5M | $3.2M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4356 | −0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4356 | −0.025% | $102K | $156K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | +0.658% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4390 | +0.757% | $49K | $232K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4362 | +0.115% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4355 | −0.052% | $54K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4358 | +0.011% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4403 | +1.056% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4362 | +0.123% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4357 | 0.000% | $51K | $75K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4377 | +0.459% | $1.3M | $600K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4364 | +0.160% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0818% | 1h | 0.4373 | +0.373% | $52K | $199 | 10x | as long as short |
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD