TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%

Price spread now: MEXC against Backpack+0.009%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$340.336% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.009%, 7d avg +0.022%

Together, before fees+0.053%+$5 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	0.4416	0.0100	pay 0.0013% / 1h	58m 51s	$102K	$152K	10x
Short	MEXC TIA_USDT	0.4416	0.0100	get 0.0050% / 4h	1h 58m	$12.4M	$6.5M	300x

Funding history

latest

Range statsloading…

MEXC 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 MEXCbpOrdersPrice spread, now +0.009%Rate

Slippage from Backpack: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago	0.91 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.14 bp	4.1 bp −$4	12.1 bp −$121	64.3 bp −$6,433	118.8 bp −$59.4K

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
Deribit TIA_USDC-PERPETUAL	−0.0203%	1h	0.4414	−0.036%	$31K	$27K	25x	as long as short
OKX TIA-USDT-SWAP	−0.0020%	4h	0.4414	−0.036%	$2.8M	$6.1M	50x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4415	−0.014%	$1K	—	150x	as long as short
KuCoin TIAUSDTM	+0.0014%	4h	0.4414	−0.036%	$4.2M	$8.9M	50x	as long as short
ApeX Omni TIAUSDT	+0.0070%	1h	0.4411	−0.104%	$50K	$233K	50x	as long as short
Kraken Futures PF_TIAUSD	+0.0075%	1h	0.4418	+0.055%	$361K	$211K	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4425	+0.222%	$157K	$411K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4413	−0.059%	$5K	$317K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4426	+0.226%	$4.7M	$1.6M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4418	+0.054%	$32K	$245K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance TIAUSDT	+0.0100%	4h	0.4418	+0.058%	$14.5M	$42.7M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4412	−0.082%	$9.6M	$13.2M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4418	+0.054%	$994K	$1.8M	75x	as long as short
MEXC TIA_USDTshort	+0.0100%	4h	0.4416	+0.009%	$12.4M	$6.5M	300x
Bitget TIAUSDT	+0.0100%	4h	0.4415	−0.014%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4412	−0.082%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERPlong	+0.0100%	1h	0.4416	long leg	$102K	$152K	10x
Variational Omni TIA	+0.0100%	4h	0.4409	−0.156%	$103K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4419	+0.077%	$59K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4415	−0.003%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4415	−0.014%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0120%	1h	0.4419	+0.083%	$52K	$199	10x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4412	−0.086%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0376%	1h	0.4430	+0.326%	$52K	$76K	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0479% / S −0.1118%	1h	0.4415	−0.017%	$40K	—	100x	as long as short
Injective TIA/USDC PERP	+0.0496%	1h	0.4431	+0.349%	$27K	$10K	12x	as long as short