Funding you earn now, next payment 06:00 UTC−0.0227%/8h= −24.8% APRnext payment −$0.28 per $10,000 · paid last 24h +0.023%
Price spread now: Reya against Coinbase International−0.270%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Reya is 0.270% cheaper against Coinbase International than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TIA-PERP-INTX | 0.4397 | 0.0408 | pay 0.0051% / 1h | 17m 57s | $47K | $87K | 50x |
| Short | Reya TIARUSDPERP | 0.4385 | 0.0181 | get 0.0023% / 1h | 17m 57s | $6K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Coinbase International. 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
- −$47.6
- Price spread: −0.270% → 0.000%
- −$27.02
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$90.62
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Reya: 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 no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Coinbase International and Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4387 | −0.227% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4388 | −0.205% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0063% | 4h | 0.4384 | −0.296% | $2.8M | $6.5M | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0079% / S +0.0054% | 1h | 0.4386 | −0.243% | $6K | — | 100x | as long as short |
| ApeX Omni TIAUSDT | +0.0084% | 1h | 0.4381 | −0.364% | $50K | $225K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4391 | −0.130% | $151K | $426K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4385 | −0.273% | $7K | $251K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4392 | −0.123% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4387 | −0.225% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4388 | −0.197% | $13.7M | $47.6M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4387 | −0.227% | $9.9M | $13.9M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4388 | −0.205% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4388 | −0.205% | $12.9M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4385 | −0.273% | $4.2M | $9.8M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4385 | −0.273% | $4.4M | $3.8M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4386 | −0.250% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4388 | −0.202% | $101K | $172K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4379 | −0.415% | $102K | $50K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4388 | −0.205% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4385 | −0.275% | $56K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4385 | −0.262% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0145% | 1h | 0.4387 | −0.235% | $348K | $204K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4392 | −0.114% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERPshort | +0.0181% | 1h | 0.4385 | −0.270% | $6K | — | 15x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4382 | −0.341% | $1.6M | $707K | 75x | as long as short |
| Coinbase International TIA-PERP-INTXlong | +0.0408% | 1h | 0.4397 | long leg | $47K | $87K | 50x | |
| dYdX TIA-USD | +0.0459% | 1h | 0.4387 | −0.222% | $52K | $139 | 10x | as long as short |
Coinbase International TIA-PERP-INTX
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
GMX TIA/USD [ETH-USDC]
ApeX Omni TIAUSDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT