Funding you earn now, next payment 01:00 UTC+0.0152%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.016%
Price spread now: Deribit against Kraken Futures+0.055%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—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.055% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4393 | −0.0152 | get 0.0019% / 1h | 25m 04s | $361K | $225K | 50x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4395 | 0 | get 0.0000% / 1h | 25m 04s | $31K | $27K | 25x |
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Kraken Futures. 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
- $31.96
- Price spread: +0.055% → 0.000%
- $5.48
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $20.45
- Costs to cover
- 0.170%
- Break-even
- 2.5 days
Slippage unknown: Kraken Futures: live order book, 48 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 Kraken Futures live order book, 48 min ago | 13.76 bp | 21.4 bp −$21 | 55.7 bp −$557 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0157% | 4h | 0.4397 | +0.100% | $2.8M | $5.9M | 50x | as long as short |
| Kraken Futures PF_TIAUSDlong | −0.0152% | 1h | 0.4393 | long leg | $361K | $225K | 50x | |
| KuCoin TIAUSDTM | −0.0024% | 4h | 0.4391 | −0.036% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | 0.0000% | 1h | 0.4395 | +0.055% | $31K | $27K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4394 | +0.035% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4402 | +0.212% | $140K | $359K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4393 | +0.009% | $5K | $362K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4404 | +0.262% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4393 | +0.010% | $34K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4399 | +0.146% | $14.6M | $41.1M | 75x | as long as short |
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4397 | +0.100% | $9.7M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4401 | +0.191% | $989K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4401 | +0.191% | $13.3M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4398 | +0.123% | $4.5M | $3.2M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4399 | +0.146% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4400 | +0.162% | $102K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | −0.155% | $102K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4381 | −0.264% | $49K | $235K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4394 | +0.032% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4391 | −0.036% | $55K | $173K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4394 | +0.023% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4385 | −0.173% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4391 | −0.044% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4398 | +0.123% | $51K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4392 | −0.013% | $1.2M | $580K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4395 | +0.044% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.1034% | 1h | 0.4393 | +0.009% | $52K | $59 | 10x | as long as short |
Bybit TIAUSDT
Gate TIA_USDT
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