TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0416%/8h= −45.6% APRnext payment −$0.52 per $10,000 · paid last 24h −0.064%

Price spread now: Deribit against Coinbase International+0.022%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

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 0.022% dearer against Coinbase International than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TIA-PERP-INTX	0.4515	0.0416	pay 0.0052% / 1h	21m 57s	$54K	$108K	50x
Short	Deribit TIA_USDC-PERPETUAL	0.4516	0	get 0.0000% / 1h	21m 57s	$31K	$23K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$87.36
Price spread: +0.022% → 0.000%: $2.21
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$102.15
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago	15.55 bp	34.4 bp −$34	doesn't fit	doesn't fit	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
GMX TIA/USD [ETH-USDC]	L −0.3033% / S +0.0149%	1h	0.4502	−0.289%	$6K	—	100x	as long as short
Kraken Futures PF_TIAUSD	−0.0111%	1h	0.4510	−0.100%	$355K	$212K	50x	as long as short
ApeX Omni TIAUSDT	−0.0046%	1h	0.4468	−1.041%	$51K	$224K	50x	as long as short
Deribit TIA_USDC-PERPETUALshort	0.0000%	1h	0.4516	+0.022%	$31K	$23K	25x
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4516	+0.024%	$1K	—	150x	as long as short
OKX TIA-USDT-SWAP	+0.0025%	4h	0.4509	−0.133%	$2.8M	$7.1M	50x	as long as short
Injective TIA/USDC PERP	+0.0048%	1h	0.4496	−0.421%	$83K	$135K	12x	as long as short
Lighter TIA	+0.0096%	1h	0.4519	+0.091%	$195K	$469K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4513	−0.044%	$7K	$216K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4520	+0.104%	$4.9M	$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	0.4509	−0.133%	$33K	$249K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4508	−0.152%	$14.6M	$49.7M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4507	−0.177%	$10.2M	$14.7M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4510	−0.111%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4510	−0.111%	$11.4M	$14.5M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4507	−0.177%	$4.3M	$10.1M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4507	−0.177%	$4.5M	$4.1M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4509	−0.133%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4516	+0.031%	$104K	$179K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4464	−1.138%	$136K	$77K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4506	−0.199%	$60K	$76K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4507	−0.169%	$57K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4513	−0.052%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0124%	1h	0.4507	−0.177%	$54K	$139	10x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4506	−0.191%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4504	−0.244%	$1.7M	$775K	75x	as long as short
Coinbase International TIA-PERP-INTXlong	+0.0416%	1h	0.4515	long leg	$54K	$108K	50x