TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.002%

Price spread now: gTrade (Gains Network) against Backpack+0.038%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.038% dearer against Backpack than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack TIA_USDC_PERP	0.4361	0.0100	pay 0.0013% / 1h	45m 08s	$101K	$161K	10x
Short	gTrade (Gains Network) TIA/USD	0.4363	L +0.0002% / S 0.0000%	get 0.0000% / 1h	45m 08s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.038%Rate

Funding earned: −$20.93
Price spread: +0.038% → 0.000%: $3.81
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$37.12
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 23 min ago; gTrade (Gains Network): 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, 23 min ago	1.36 bp	14.5 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0369%	1h	0.4367	+0.133%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0117%	4h	0.4358	−0.073%	$2.8M	$6.0M	50x	as long as short
KuCoin TIAUSDTM	−0.0004%	4h	0.4359	−0.050%	$4.2M	$8.8M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4363	+0.046%	$359K	$226K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4361	−0.005%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USDshort	L +0.0002% / S 0.0000%	1h	0.4363	+0.038%	$1K	—	150x
Bybit TIAUSDT	+0.0039%	4h	0.4358	−0.073%	$9.5M	$13.1M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4366	+0.108%	$139K	$360K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4359	−0.050%	$5K	$342K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4368	+0.144%	$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	0.4359	−0.043%	$34K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4361	−0.005%	$14.3M	$42.1M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4363	+0.041%	$981K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4360	−0.028%	$12.5M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4363	+0.041%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4360	−0.028%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERPlong	+0.0100%	1h	0.4361	long leg	$101K	$161K	10x
Variational Omni TIA	+0.0100%	4h	0.4361	+0.003%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4366	+0.110%	$58K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4356	−0.123%	$49K	$189K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4358	−0.068%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0161%	1h	0.4367	+0.140%	$52K	$199	10x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4357	−0.087%	$6K	—	15x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4352	−0.211%	$26K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4377	+0.362%	$51K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4373	+0.271%	$1.3M	$617K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0461% / S −0.3505%	1h	0.4361	+0.004%	$36K	—	100x	as long as short