Funding you earn now, next payment 03:00 UTC−0.0309%/8h= −33.8% APRnext payment −$0.39 per $10,000 · paid last 24h −0.028%
Price spread now: Reya against GMX−0.086%55s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Reya is 0.086% cheaper against GMX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | GMX TIA/USD [ETH-USDC] | 0.4420 | L +0.0488% / S −0.1167% | pay 0.0061% / 1h | 51m 32s | $40K | — | 100x |
| Short | Reya TIARUSDPERP | 0.4416 | 0.0180 | get 0.0022% / 1h | 51m 32s | $6K | — | 15x |
GMX TIA/USD [ETH-USDC]
Reya TIARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$64.79
- Price spread: −0.086% → 0.000%
- −$8.64
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$91.43
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
GMX and Reya: 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 26 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0310% | 1h | 0.4406 | −0.312% | $50K | $233K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4419 | −0.017% | $31K | $27K | 25x | as long as short |
| OKX TIA-USDT-SWAP | +0.0002% | 4h | 0.4416 | −0.085% | $2.8M | $6.1M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4421 | +0.026% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0010% | 4h | 0.4417 | −0.063% | $4.2M | $8.9M | 50x | as long as short |
| Bybit TIAUSDT | +0.0049% | 4h | 0.4414 | −0.131% | $9.5M | $13.3M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0075% | 1h | 0.4419 | −0.012% | $361K | $208K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4425 | +0.130% | $157K | $412K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4418 | −0.040% | $5K | $317K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4426 | +0.145% | $4.7M | $1.6M | 5x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
OKX TIA-USDT-SWAP
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
Bybit TIAUSDT
Kraken Futures PF_TIAUSD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4418 | −0.044% | $32K | $244K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4419 | −0.018% | $14.5M | $42.7M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4419 | −0.017% | $994K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4419 | −0.017% | $12.3M | $6.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4417 | −0.063% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4416 | −0.085% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4421 | +0.039% | $104K | $151K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4427 | +0.158% | $103K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4423 | +0.073% | $59K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4413 | −0.146% | $42K | $198K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4419 | −0.011% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERPshort | +0.0180% | 1h | 0.4416 | −0.086% | $6K | — | 15x | |
| dYdX TIA-USD | +0.0182% | 1h | 0.4420 | +0.010% | $52K | $199 | 10x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4430 | +0.231% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC]long | L +0.0488% / S −0.1167% | 1h | 0.4420 | long leg | $40K | — | 100x | |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4410 | −0.221% | $26K | $10K | 12x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
dYdX TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP