Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h −0.013%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.139%52s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Kraken Futures is 0.139% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | gTrade (Gains Network) TIA/USD | 0.4423 | L +0.0002% / S 0.0000% | pay 0.0000% / 1h | 47m 27s | $1K | — | 150x |
| Short | Kraken Futures PF_TIAUSD | 0.4417 | −0.0007 | pay 0.0001% / 1h | 47m 27s | $350K | $202K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- −$1.95
- Price spread: −0.139% → 0.000%
- −$13.95
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$35.89
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 55 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 55 min ago | 24.12 bp | 30.5 bp −$30 | 62.8 bp −$628 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0113% | 1h | 0.4410 | −0.294% | $51K | $224K | 50x | as long as short |
| Kraken Futures PF_TIAUSDshort | −0.0007% | 1h | 0.4417 | −0.139% | $350K | $202K | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4422 | −0.023% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USDlong | L +0.0002% / S 0.0000% | 1h | 0.4423 | long leg | $1K | — | 150x | |
| Injective TIA/USDC PERP | +0.0014% | 1h | 0.4412 | −0.249% | $24K | $12K | 12x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0025% / S +0.0055% | 1h | 0.4423 | −0.005% | $6K | — | 100x | as long as short |
| OKX TIA-USDT-SWAP | +0.0041% | 4h | 0.4417 | −0.136% | $2.8M | $6.6M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4428 | +0.115% | $153K | $422K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4422 | −0.023% | $7K | $240K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4429 | +0.142% | $4.7M | $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 | 0.4423 | −0.007% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4423 | +0.003% | $13.9M | $47.7M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4421 | −0.045% | $10.0M | $13.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4424 | +0.023% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4425 | +0.045% | $12.7M | $14.0M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4422 | −0.023% | $4.2M | $9.9M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4422 | −0.023% | $4.4M | $3.9M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4422 | −0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4423 | −0.005% | $102K | $170K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4390 | −0.754% | $102K | $50K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4420 | −0.068% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4418 | −0.112% | $56K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4420 | −0.057% | $7K | — | 3x | as long as short |
| dYdX TIA-USD | +0.0144% | 1h | 0.4421 | −0.045% | $53K | $139 | 10x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4421 | −0.038% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4415 | −0.181% | $1.7M | $713K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0432% | 1h | 0.4427 | +0.090% | $48K | $87K | 50x | as long as short |
gTrade (Gains Network) TIA/USD
Kraken Futures PF_TIAUSD
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
Injective TIA/USDC PERP
GMX TIA/USD [ETH-USDC]
OKX TIA-USDT-SWAP
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
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX