TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0621%/8h= +68.0% APRnext payment +$0.78 per $10,000 · paid last 24h +0.239%

Price spread now: dYdX against Backpack−0.049%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.564%+$56 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. dYdX is 0.049% cheaper against Backpack than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.564% in total) that is about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack TIA_USDC_PERP	0.4358	0.0100	pay 0.0013% / 1h	24m 47s	$101K	$153K	10x
Short	dYdX TIA-USD	0.4356	0.0721	get 0.0090% / 1h	24m 47s	$52K	$59	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Backpack. 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 BackpackbpFee dYdXbpOrdersPrice spread, now −0.049%Rate

Funding earned: $130.36
Price spread: −0.049% → 0.000%: −$4.91
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $105.45
Costs to cover: 0.200%
Break-even: 1.3 days

Slippage unknown: Backpack: live order book, 53 min ago; dYdX: no order-book sample. 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 Backpack live order book, 53 min ago	1.62 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
OKX TIA-USDT-SWAP	−0.0187%	4h	0.4355	−0.078%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0163%	1h	0.4360	+0.036%	$358K	$246K	50x	as long as short
KuCoin TIAUSDTM	−0.0040%	4h	0.4358	−0.009%	$4.2M	$8.7M	50x	as long as short
ApeX Omni TIAUSDT	−0.0008%	1h	0.4365	+0.151%	$49K	$235K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4359	+0.014%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4359	+0.020%	$1K	—	150x	as long as short
Gate TIA_USDT	+0.0082%	4h	0.4360	+0.037%	$980K	$1.8M	75x	as long as short
Lighter TIA	+0.0096%	1h	0.4365	+0.142%	$139K	$362K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4358	−0.009%	$5K	$363K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4365	+0.142%	$4.3M	$1.5M	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	0.4361	+0.064%	$34K	$268K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4359	+0.014%	$14.5M	$42.4M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4356	−0.055%	$9.5M	$13.2M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4359	+0.014%	$13.3M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4358	−0.009%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4358	−0.009%	—	$99.1M	—	as long as short
Backpack TIA_USDC_PERPlong	+0.0100%	1h	0.4358	long leg	$101K	$153K	10x
Variational Omni TIA	+0.0100%	4h	0.4362	+0.083%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4357	−0.032%	$65K	$43K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4356	−0.063%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4358	−0.010%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4355	−0.089%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0208%	1h	0.4389	+0.702%	$51K	$77K	50x	as long as short
Injective TIA/USDC PERP	+0.0210%	1h	0.4367	+0.197%	$26K	$10K	12x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4359	+0.014%	$1.2M	$571K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0459% / S −0.3505%	1h	0.4358	0.000%	$36K	—	100x	as long as short
dYdX TIA-USDshort	+0.0721%	1h	0.4356	−0.049%	$52K	$59	10x