Funding you earn now, next payment 04:00 UTC−0.0096%/8h= −10.6% APRpaid last 24h −0.068%
Price spread now: KuCoin against Reya−0.114%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.114% cheaper against Reya than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | Reya TIARUSDPERP | 0.4433 | 0.0180 | pay 0.0023% / 1h | 10m 35s | $6K | — | 15x |
| Short | KuCoin TIAUSDTM | 0.4428 | 0.0084 | get 0.0042% / 4h | 10m 35s | $4.3M | $9.2M | 50x |
Reya TIARUSDPERP
KuCoin TIAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Reya. 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
- −$20.25
- Price spread: −0.114% → 0.000%
- −$11.44
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.68
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 8 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 Reya no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 8 min ago | 2.26 bp | 30.2 bp −$30 | 94.5 bp −$945 | doesn't fit | doesn't fit |
Reya: 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 | −0.363% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4433 | −0.002% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4436 | +0.062% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0067% | 4h | 0.4434 | +0.025% | $103K | $66K | — | as long as short |
| KuCoin TIAUSDTMshort | +0.0084% | 4h | 0.4428 | −0.114% | $4.3M | $9.2M | 50x | |
| Lighter TIA | +0.0096% | 1h | 0.4436 | +0.064% | $157K | $420K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4431 | −0.047% | $5K | $262K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4436 | +0.064% | $4.8M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4431 | −0.056% | $33K | $248K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4426 | −0.159% | $14.5M | $43.0M | 75x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Variational Omni TIA
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 | 0.4425 | −0.182% | $9.8M | $13.6M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4422 | −0.250% | $2.8M | $6.3M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4431 | −0.047% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4427 | −0.137% | $11.9M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4426 | −0.159% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4426 | −0.159% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4433 | +0.003% | $102K | $166K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4435 | +0.044% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4424 | −0.216% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4431 | −0.047% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0164% | 1h | 0.4435 | +0.037% | $362K | $194K | 50x | as long as short |
| Reya TIARUSDPERPlong | +0.0180% | 1h | 0.4433 | long leg | $6K | — | 15x | |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4433 | −0.002% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4438 | +0.111% | $1.6M | $740K | 75x | as long as short |
| dYdX TIA-USD | +0.0358% | 1h | 0.4430 | −0.066% | $53K | $139 | 10x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0384% | 1h | 0.4449 | +0.359% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0496% / S −0.1196% | 1h | 0.4436 | +0.075% | $41K | — | 100x | as long as short |
Bybit 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
Injective TIA/USDC PERP
BloFin TIA-USDT
dYdX TIA-USD
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]