Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Hyperliquid against Orderly+0.211%7-day average +0.072% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)−0.296%−$30 · spread now +0.211%, 7d avg +0.072%
=Together, before fees−0.337%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.139% dearer against Orderly than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TIA_USDC | 0.4405 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $5K | $317K | 10x |
| Short | Hyperliquid TIA | 0.4414 | 0.0100 | get 0.0013% / 1h | 3m 14s | $4.7M | $1.6M | 5x |
Orderly PERP_TIA_USDC
Hyperliquid TIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.05
- Price spread: +0.211% → +0.072%
- $13.92
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$1.03
- Costs to cover
- 0.150%
- Break-even
- 150.3 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago | 1.02 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0026% | 4h | 0.4402 | −0.068% | $2.8M | $6.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0003% | 1h | 0.4410 | +0.119% | $360K | $212K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4406 | +0.023% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4407 | +0.044% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0018% | 4h | 0.4404 | −0.023% | $4.2M | $8.9M | 50x | as long as short |
| ApeX Omni TIAUSDT | +0.0029% | 1h | 0.4399 | −0.136% | $50K | $233K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4415 | +0.227% | $156K | $409K | 10x | as long as short |
| Orderly PERP_TIA_USDClong | +0.0100% | 4h | 0.4405 | long leg | $5K | $317K | 10x | |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4414 | +0.211% | $4.7M | $1.6M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4409 | +0.082% | $32K | $245K | 10x | as long as short |
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
ApeX Omni TIAUSDT
Lighter TIA
Aster TIAUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4405 | +0.007% | $14.4M | $42.5M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4402 | −0.068% | $9.6M | $13.1M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4408 | +0.068% | $992K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4405 | 0.000% | $12.4M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4405 | 0.000% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4403 | −0.045% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4405 | −0.009% | $102K | $152K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4397 | −0.188% | $103K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4412 | +0.159% | $59K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4405 | −0.007% | $42K | $198K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4406 | +0.034% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4404 | −0.015% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0189% | 1h | 0.4412 | +0.159% | $52K | $199 | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0266% | 1h | 0.4411 | +0.136% | $27K | $10K | 12x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0304% | 1h | 0.4415 | +0.227% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0474% / S −0.1090% | 1h | 0.4407 | +0.035% | $40K | — | 100x | as long as short |
Binance TIAUSDT
Bybit 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
Reya TIARUSDPERP
dYdX TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]