Funding you earn now, next payment 22:00 UTC−0.0313%/8h= −34.3% APRnext payment −$0.39 per $10,000 · paid last 24h −0.060%
Price spread now: Deribit against Hyperliquid+0.019%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds 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: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TIA | 0.4316 | 0.0100 | pay 0.0013% / 1h | 12m 30s | $4.2M | $1.5M | 5x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4317 | −0.0213 | pay 0.0027% / 1h | 12m 30s | $30K | $27K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Hyperliquid. 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
- −$65.74
- Price spread: +0.019% → 0.000%
- $1.85
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$79.89
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago | 0.92 bp | 18.4 bp −$18 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0389% | 1h | 0.4319 | +0.067% | $355K | $239K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | −0.0213% | 1h | 0.4317 | +0.019% | $30K | $27K | 25x | |
| Gate TIA_USDT | −0.0068% | 4h | 0.4309 | −0.167% | $994K | $1.8M | 75x | as long as short |
| Bybit TIAUSDT | −0.0056% | 4h | 0.4309 | −0.167% | $9.4M | $13.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0035% | 4h | 0.4309 | −0.167% | $2.7M | $5.8M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0034% | 4h | 0.4308 | −0.190% | $4.1M | $8.6M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0016% | 1h | 0.4328 | +0.273% | $49K | $236K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4319 | +0.055% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0057% | 4h | 0.4324 | +0.188% | $101K | $85K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4315 | −0.035% | $127K | $353K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4316 | −0.005% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIAlong | +0.0100% | 1h | 0.4316 | long leg | $4.2M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4316 | −0.005% | $34K | $272K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4309 | −0.167% | $14.1M | $41.0M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4310 | −0.144% | $9.1M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4309 | −0.167% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4310 | −0.144% | — | $101.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4313 | −0.070% | $100K | $151K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4313 | −0.074% | $63K | $38K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4309 | −0.175% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4315 | −0.024% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4314 | −0.054% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4345 | +0.667% | $48K | $72K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4331 | +0.343% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4324 | +0.181% | $525K | $542K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0456% / S −0.3505% | 1h | 0.4318 | +0.035% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0814% | 1h | 0.4316 | −0.013% | $51K | $59 | 10x | as long as short |
Hyperliquid TIA
Deribit TIA_USDC-PERPETUAL
Kraken Futures PF_TIAUSD
Gate TIA_USDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
Variational Omni TIA
Lighter TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]