TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%

Price spread now: KuCoin against Backpack−0.007%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$870.868% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.007%, 7d avg −0.008%

Together, before fees−0.015%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack TIA_USDC_PERP	0.4437	0.0100	pay 0.0013% / 1h	16m 12s	$102K	$174K	10x
Short	KuCoin TIAUSDTM	0.4437	0.0100	get 0.0050% / 4h	16m 12s	$4.2M	$10.0M	50x

Funding history

latest

Range statsloading…

KuCoin against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BackpackbpFee KuCoinbpOrdersPrice spread, now −0.007%Rate

Slippage from Backpack: live order book, 22 min ago; KuCoin: live order book, 2 min ago.

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, 22 min ago	1.25 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	3.38 bp	31.4 bp −$31	94.4 bp −$944	doesn't fit	doesn't fit

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
GMX TIA/USD [ETH-USDC]	L −0.1009% / S +0.0085%	1h	0.4437	−0.006%	$6K	—	100x	as long as short
ApeX Omni TIAUSDT	−0.0099%	1h	0.4435	−0.052%	$51K	$225K	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0007%	1h	0.4438	+0.012%	$350K	$206K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4438	+0.016%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4438	+0.014%	$1K	—	150x	as long as short
Injective TIA/USDC PERP	+0.0014%	1h	0.4442	+0.106%	$24K	$12K	12x	as long as short
OKX TIA-USDT-SWAP	+0.0052%	4h	0.4432	−0.119%	$2.8M	$6.7M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4442	+0.108%	$153K	$424K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4437	−0.007%	$7K	$232K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4441	+0.086%	$4.8M	$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	0.4437	−0.014%	$33K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4437	−0.013%	$14.0M	$48.2M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4435	−0.052%	$10.1M	$14.0M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4437	−0.007%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4436	−0.029%	$12.4M	$14.1M	300x	as long as short
KuCoin TIAUSDTMshort	+0.0100%	4h	0.4437	−0.007%	$4.2M	$10.0M	50x
Bitget TIAUSDT	+0.0100%	4h	0.4432	−0.119%	$4.4M	$4.1M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4436	−0.029%	—	$103.9M	—	as long as short
Backpack TIA_USDC_PERPlong	+0.0100%	1h	0.4437	long leg	$102K	$174K	10x
Variational Omni TIA	+0.0100%	4h	0.4423	−0.328%	$135K	$78K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4436	−0.029%	$59K	$74K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4432	−0.110%	$57K	$210K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4436	−0.029%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4431	−0.139%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0234%	1h	0.4437	−0.003%	$53K	$139	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4442	+0.106%	$1.7M	$717K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0432%	1h	0.4443	+0.128%	$52K	$103K	50x	as long as short