Funding you earn now, next payment 03:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.096%
Price spread now: Coinbase International against GMX+0.308%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 pays, funding is against you. Coinbase International is 0.308% dearer against GMX than usual: you sell high and buy low (spread +0.308% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TIA/USD [ETH-USDC] | 0.4392 | L +0.0494% / S −0.1196% | pay 0.0062% / 1h | 38m 04s | $40K | — | 100x |
| Short | Coinbase International TIA-PERP-INTX | 0.4406 | 0.0384 | get 0.0048% / 1h | 38m 04s | $52K | $76K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GMX. 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
- −$23.05
- Price spread: +0.308% → 0.000%
- $30.8
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$14.25
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Coinbase International: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
GMX and Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TIA | −0.0081% | 4h | 0.4389 | −0.086% | $103K | $85K | — | as long as short |
| Bybit TIAUSDT | −0.0062% | 4h | 0.4389 | −0.079% | $9.6M | $13.4M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0028% | 1h | 0.4394 | +0.035% | $49K | $231K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4393 | +0.011% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0028% | 4h | 0.4388 | −0.102% | $4.2M | $9.1M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4397 | +0.110% | $156K | $418K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4392 | −0.011% | $5K | $273K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4397 | +0.096% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4392 | −0.003% | $32K | $245K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4393 | +0.001% | $14.3M | $42.8M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4389 | −0.079% | $2.8M | $6.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4392 | −0.011% | $995K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4393 | +0.012% | $11.9M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4390 | −0.056% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4389 | −0.079% | — | $99.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4392 | −0.008% | $102K | $157K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4388 | −0.102% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4388 | −0.104% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4393 | +0.016% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0165% | 1h | 0.4391 | −0.028% | $359K | $194K | 50x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4389 | −0.071% | $6K | — | 15x | as long as short |
| Deribit TIA_USDC-PERPETUAL | +0.0205% | 1h | 0.4395 | +0.058% | $31K | $27K | 25x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4404 | +0.262% | $26K | $10K | 12x | as long as short |
| dYdX TIA-USD | +0.0301% | 1h | 0.4386 | −0.143% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4389 | −0.079% | $1.6M | $738K | 75x | as long as short |
| Coinbase International TIA-PERP-INTXshort | +0.0384% | 1h | 0.4406 | +0.308% | $52K | $76K | 50x | |
| GMX TIA/USD [ETH-USDC]long | L +0.0494% / S −0.1196% | 1h | 0.4392 | long leg | $40K | — | 100x |
GMX TIA/USD [ETH-USDC]
Coinbase International TIA-PERP-INTX
Variational Omni TIA
Bybit TIAUSDT
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
Injective TIA/USDC PERP
BloFin TIA-USDT