Funding you earn now, next payment 23:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.134%
Price spread now: Deribit against BloFin+0.185%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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. Deribit is 0.185% dearer against BloFin than usual: you sell high and buy low (spread +0.185% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 44 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TIA-USDT | 0.4317 | 0.0340 | pay 0.0170% / 4h | 1h 47m | $1.0M | $541K | 75x |
| Short | Deribit TIA_USDC-PERPETUAL | 0.4325 | 0 | get 0.0000% / 1h | 47m 54s | $30K | $27K | 25x |
BloFin TIA-USDT
Deribit TIA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BloFin. 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
- −$71.4
- Price spread: +0.185% → 0.000%
- $18.53
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$71.87
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Deribit: 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 BloFin live order book, 4 min ago | 3.48 bp | 9.5 bp −$9 | 18.6 bp −$186 | 65.0 bp −$6,499 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0229% | 1h | 0.4325 | +0.180% | $354K | $242K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0034% | 4h | 0.4324 | +0.162% | $4.2M | $8.5M | 50x | as long as short |
| Gate TIA_USDT | −0.0022% | 4h | 0.4327 | +0.232% | $994K | $1.8M | 75x | as long as short |
| OKX TIA-USDT-SWAP | −0.0012% | 4h | 0.4325 | +0.185% | $2.7M | $5.9M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUALshort | 0.0000% | 1h | 0.4325 | +0.185% | $30K | $27K | 25x | |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4326 | +0.208% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0041% | 4h | 0.4324 | +0.162% | $9.5M | $13.2M | 50x | as long as short |
| Variational Omni TIA | +0.0087% | 4h | 0.4307 | −0.240% | $101K | $84K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4327 | +0.236% | $128K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4323 | +0.139% | $5K | $361K | 10x | as long as short |
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Gate TIA_USDT
OKX TIA-USDT-SWAP
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Variational Omni TIA
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4329 | +0.280% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4327 | +0.228% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4327 | +0.232% | $14.2M | $41.7M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4325 | +0.185% | $14.1M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4325 | +0.185% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4326 | +0.208% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4324 | +0.155% | $100K | $150K | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4315 | −0.046% | $49K | $237K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4324 | +0.162% | $64K | $41K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4322 | +0.112% | $57K | $171K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4322 | +0.111% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4324 | +0.162% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4322 | +0.105% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4330 | +0.301% | $47K | $74K | 50x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4317 | long leg | $1.0M | $541K | 75x | |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4326 | +0.210% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0707% | 1h | 0.4321 | +0.083% | $51K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD