Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against Orderly−0.226%112s7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.226%, 7d avg +0.015%
=Funding pays, the price is against you. BloFin is 0.241% cheaper against Orderly than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of +0.015%). If the spread goes back, that is −$24 on $10k: about 3.3 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.251% in total) that is about 6.7 days. The two prices were read 112 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 | Orderly PERP_TIA_USDC | 0.4429 | 0.0100 | pay 0.0050% / 4h | 13m 26s | $5K | $266K | 10x |
| Short | BloFin TIA-USDT | 0.4419 | 0.0340 | get 0.0170% / 4h | 13m 26s | $1.6M | $738K | 75x |
Orderly PERP_TIA_USDC
BloFin TIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $50.45
- Price spread: −0.226% → +0.015%
- −$24.11
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $8.34
- Costs to cover
- 0.180%
- Break-even
- 5.8 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 4 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 4 min ago | 3.39 bp | 16.0 bp −$16 | 25.0 bp −$250 | 65.2 bp −$6,519 | doesn't fit |
Orderly: 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 | −0.0050% | 1h | 0.4417 | −0.271% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4423 | −0.135% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4430 | +0.018% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0038% | 4h | 0.4418 | −0.255% | $103K | $66K | — | as long as short |
| KuCoin TIAUSDTM | +0.0074% | 4h | 0.4427 | −0.045% | $4.3M | $9.1M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4432 | +0.063% | $156K | $419K | 10x | as long as short |
| Bybit TIAUSDT | +0.0098% | 4h | 0.4428 | −0.023% | $9.8M | $13.6M | 50x | as long as short |
| Orderly PERP_TIA_USDClong | +0.0100% | 4h | 0.4429 | long leg | $5K | $266K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4435 | +0.138% | $4.8M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4429 | +0.007% | $33K | $248K | 10x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Variational Omni TIA
KuCoin TIAUSDTM
Lighter TIA
Bybit TIAUSDT
Hyperliquid TIA
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4431 | +0.039% | $14.6M | $43.1M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4427 | −0.045% | $2.8M | $6.3M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4429 | 0.000% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4430 | +0.023% | $11.9M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4428 | −0.023% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4430 | +0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4423 | −0.145% | $102K | $166K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4423 | −0.135% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4426 | −0.078% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4422 | −0.158% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0164% | 1h | 0.4424 | −0.115% | $361K | $194K | 50x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4428 | −0.026% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4431 | +0.045% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDTshort | +0.0340% | 4h | 0.4419 | −0.226% | $1.6M | $738K | 75x | |
| dYdX TIA-USD | +0.0344% | 1h | 0.4427 | −0.045% | $53K | $139 | 10x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0384% | 1h | 0.4452 | +0.519% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0496% / S −0.1196% | 1h | 0.4430 | +0.025% | $41K | — | 100x | as long as short |
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Kraken Futures PF_TIAUSD
Reya TIARUSDPERP
Injective TIA/USDC PERP
dYdX TIA-USD
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]