TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.040%

Price spread now: Kraken Futures against ApeX Omni−0.070%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$810.810% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.299%+$30 on $10k

Price spread, last 4 days (all we have)+0.661%+$66 · spread now −0.070%, 7d avg +0.050%

Together, before fees+0.960%+$96 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.120% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.050%). If the spread goes back, that is −$12 on $10k: about 36 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.299% in total) that is about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni TIAUSDT	0.4396	0.0064	pay 0.0008% / 1h	2m 32s	$49K	$231K	50x
Short	Kraken Futures PF_TIAUSD	0.4393	0.0075	get 0.0009% / 1h	2m 32s	$359K	$199K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.070%Rate

Funding earned: $2.33
Price spread: −0.070% → +0.050%: −$11.98
Slippage, 4 orders: −$60.98
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$90.63
Costs to cover: 0.810%
Break-even: 279.1 days

Slippage from ApeX Omni: live order book, 59 min ago; Kraken Futures: live order book, 60 min ago.

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 ApeX Omni live order book, 59 min ago	6.80 bp	15.9 bp −$16	105.6 bp −$1,056	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 60 min ago	15.88 bp	28.8 bp −$29	76.6 bp −$766	doesn't fit	doesn't fit

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
Bybit TIAUSDT	−0.0135%	4h	0.4387	−0.205%	$9.6M	$13.5M	50x	as long as short
Variational Omni TIA	−0.0057%	4h	0.4393	−0.076%	$103K	$85K	—	as long as short
KuCoin TIAUSDTM	−0.0032%	4h	0.4393	−0.068%	$4.2M	$9.0M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4393	−0.068%	$31K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4394	−0.046%	$1K	—	150x	as long as short
ApeX Omni TIAUSDTlong	+0.0064%	1h	0.4396	long leg	$49K	$231K	50x
Kraken Futures PF_TIAUSDshort	+0.0075%	1h	0.4393	−0.070%	$359K	$199K	50x
Lighter TIA	+0.0096%	1h	0.4399	+0.061%	$155K	$417K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4400	+0.089%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4397	+0.021%	$32K	$245K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4392	−0.099%	$14.4M	$42.9M	75x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4385	−0.250%	$2.8M	$6.1M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4396	0.000%	$1.0M	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4395	−0.023%	$11.9M	$6.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4390	−0.136%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4394	−0.045%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4393	−0.059%	$101K	$153K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4391	−0.114%	$5K	$288K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4393	−0.068%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4390	−0.127%	$55K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4392	−0.091%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4386	−0.221%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0191%	1h	0.4394	−0.045%	$52K	$199	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4388	−0.182%	$1.5M	$719K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0376%	1h	0.4418	+0.500%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0493% / S −0.1196%	1h	0.4394	−0.056%	$40K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0496%	1h	0.4415	+0.432%	$26K	$10K	12x	as long as short