TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0269%/8h= −29.4% APRnext payment −$0.34 per $10,000 · paid last 24h −0.045%

Price spread now: Kraken Futures against Injective+0.483%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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. Kraken Futures is 0.483% dearer against Injective than usual: you sell high and buy low (spread +0.483% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective TIA/USDC PERP	0.4337	0.0266	pay 0.0033% / 1h	39m 23s	$26K	$10K	12x
Short	Kraken Futures PF_TIAUSD	0.4358	−0.0003	pay 0.0000% / 1h	39m 23s	$356K	$214K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +0.483%Rate

Funding earned: −$56.41
Price spread: +0.483% → 0.000%: $48.26
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$18.17
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 28 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 28 min ago	12.48 bp	22.0 bp −$22	75.5 bp −$755	doesn't fit	doesn't fit

Injective: 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
ApeX Omni TIAUSDT	−0.0229%	1h	0.4371	+0.784%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0104%	4h	0.4352	+0.346%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSDshort	−0.0003%	1h	0.4358	+0.483%	$356K	$214K	50x
KuCoin TIAUSDTM	−0.0002%	4h	0.4343	+0.138%	$4.2M	$8.9M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4358	+0.484%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4358	+0.485%	$1K	—	150x	as long as short
Bybit TIAUSDT	+0.0046%	4h	0.4353	+0.369%	$9.5M	$13.1M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4349	+0.281%	$127K	$371K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4356	+0.438%	$5K	$325K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4359	+0.498%	$4.6M	$1.6M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4347	+0.231%	$34K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4357	+0.459%	$14.2M	$42.4M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4356	+0.438%	$979K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4358	+0.484%	$12.3M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4356	+0.438%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4356	+0.438%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4340	+0.069%	$102K	$163K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4342	+0.111%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4333	−0.092%	$58K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4353	+0.368%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4357	+0.470%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4349	+0.286%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0216%	1h	0.4349	+0.284%	$52K	$199	10x	as long as short
Injective TIA/USDC PERPlong	+0.0266%	1h	0.4337	long leg	$26K	$10K	12x
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4377	+0.922%	$51K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4373	+0.830%	$1.3M	$617K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0461% / S −0.3505%	1h	0.4358	+0.490%	$35K	—	100x	as long as short