Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.6% APRpaid last 24h +0.025%
Price spread now: Variational Omni against Backpack+0.227%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.078%+$8 on $10k
+Price spread, last 3 days (all we have)−0.057%−$6 · spread now +0.227%, 7d avg −0.015%
=Together, before fees+0.021%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.241% dearer against Backpack than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack TIA_USDC_PERP | 0.4373 | 0.0048 | pay 0.0006% / 1h | 58m 04s | $104K | $154K | 10x |
| Short | Variational Omni TIA | 0.4383 | 0.0100 | get 0.0050% / 4h | 3h 58m | $102K | $84K | — |
Backpack TIA_USDC_PERP
Variational Omni TIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.83
- Price spread: +0.227% → −0.015%
- $24.14
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $24.97
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Backpack: live order book, 15 min ago; Variational Omni: RFQ quote, 26 min ago. 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, 15 min ago | 1.15 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 26 min ago | 4.59 bp | doesn't fit | 32.2 bp −$322 | 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 | −0.1264% | 4h | 0.4367 | −0.137% | $9.6M | $13.2M | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0212% | 4h | 0.4367 | −0.137% | $2.8M | $6.1M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0207% | 1h | 0.4373 | 0.000% | $30K | $27K | 25x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4376 | +0.059% | $360K | $247K | 50x | as long as short |
| Gate TIA_USDT | −0.0076% | 4h | 0.4372 | −0.023% | $981K | $1.8M | 75x | as long as short |
| KuCoin TIAUSDTM | −0.0052% | 4h | 0.4368 | −0.114% | $4.2M | $8.8M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4374 | +0.029% | $1K | — | 150x | as long as short |
| Backpack TIA_USDC_PERPlong | +0.0048% | 1h | 0.4373 | long leg | $104K | $154K | 10x | |
| ApeX Omni TIAUSDT | +0.0072% | 1h | 0.4384 | +0.252% | $49K | $234K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4378 | +0.123% | $139K | $359K | 10x | as long as short |
Bybit TIAUSDT
OKX TIA-USDT-SWAP
Deribit TIA_USDC-PERPETUAL
Kraken Futures PF_TIAUSD
Gate TIA_USDT
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Lighter TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4373 | 0.000% | $5K | $364K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4377 | +0.103% | $4.5M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4372 | −0.026% | $34K | $268K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4371 | −0.045% | $14.6M | $42.2M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4373 | 0.000% | $13.3M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4371 | −0.046% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4371 | −0.046% | — | $6.5M | — | as long as short |
| Variational Omni TIAshort | +0.0100% | 4h | 0.4383 | +0.227% | $102K | $84K | — | |
| HTX TIA-USDT | +0.0100% | 4h | 0.4373 | 0.000% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4370 | −0.076% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4375 | +0.056% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4381 | +0.183% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4370 | −0.058% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.366% | $51K | $77K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4379 | +0.137% | $1.2M | $578K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4375 | +0.047% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0814% | 1h | 0.4375 | +0.046% | $52K | $59 | 10x | as long as short |
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD