TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0203%/8h= −22.3% APRnext payment −$1.02 per $10,000 · paid last 24h −0.027%

Price spread now: OKX against Orderly−0.092%7-day average −0.051% · you buy dearer than you sell

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

Long on Orderly Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.092%, 7d avg −0.051%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 0.040% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.051%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TIA_USDC	0.4356	0.0099	pay 0.0050% / 4h	2h 39m	$5K	$325K	10x
Short	OKX TIA-USDT-SWAP	0.4352	−0.0104	pay 0.0052% / 4h	2h 39m	$2.8M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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 OrderlybpFee OKXbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$42.73
Price spread: −0.092% → −0.051%: −$4.05
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.78
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; OKX: 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 OKX live order book, 4 min ago	1.15 bp	17.3 bp −$17	50.3 bp −$503	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 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	+0.344%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAPshort	−0.0104%	4h	0.4352	−0.092%	$2.8M	$6.0M	50x
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4358	+0.044%	$356K	$214K	50x	as long as short
KuCoin TIAUSDTM	−0.0002%	4h	0.4343	−0.298%	$4.2M	$8.9M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4358	+0.046%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4358	+0.047%	$1K	—	150x	as long as short
Bybit TIAUSDT	+0.0046%	4h	0.4353	−0.069%	$9.5M	$13.1M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4349	−0.156%	$127K	$371K	10x	as long as short
Orderly PERP_TIA_USDClong	+0.0099%	4h	0.4356	long leg	$5K	$325K	10x
Hyperliquid TIA	+0.0100%	1h	0.4359	+0.060%	$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	−0.207%	$34K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4357	+0.020%	$14.2M	$42.4M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4356	0.000%	$979K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4358	+0.046%	$12.3M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4356	0.000%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4356	0.000%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4340	−0.367%	$102K	$163K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4342	−0.325%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4333	−0.528%	$58K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4353	−0.069%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4357	+0.031%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4349	−0.152%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0216%	1h	0.4349	−0.154%	$52K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4337	−0.436%	$26K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4377	+0.482%	$51K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4373	+0.390%	$1.3M	$617K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0461% / S −0.3505%	1h	0.4358	+0.052%	$35K	—	100x	as long as short