Funding you earn now, next payment 05:00 UTC−0.0395%/8h= −43.2% APRpaid last 24h −0.082%
Price spread now: Orderly against GMX−0.021%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Orderly is 0.021% cheaper against GMX than usual: you would sell low and buy high (−$2 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 | GMX TIA/USD [ETH-USDC] | 0.4421 | L +0.0495% / S −0.1196% | pay 0.0062% / 1h | 46m 17s | $40K | — | 100x |
| Short | Orderly PERP_TIA_USDC | 0.4420 | 0.0100 | get 0.0050% / 4h | 3h 46m | $5K | $239K | 10x |
GMX TIA/USD [ETH-USDC]
Orderly PERP_TIA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against GMX. 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
- −$82.92
- Price spread: −0.021% → 0.000%
- −$2.08
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$103.01
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | 0.4422 | +0.024% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4421 | 0.000% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0014% | 1h | 0.4424 | +0.070% | $50K | $230K | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0092% | 4h | 0.4417 | −0.089% | $2.8M | $6.3M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4427 | +0.135% | $156K | $417K | 10x | as long as short |
| Orderly PERP_TIA_USDCshort | +0.0100% | 4h | 0.4420 | −0.021% | $5K | $239K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4425 | +0.101% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4421 | +0.003% | $34K | $241K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4421 | +0.005% | $14.5M | $43.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4419 | −0.043% | $9.9M | $13.4M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4421 | +0.002% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4421 | +0.002% | $11.8M | $6.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4420 | −0.021% | $4.2M | $9.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4419 | −0.043% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4419 | −0.043% | — | $101.7M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4415 | −0.129% | $102K | $169K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4440 | +0.437% | $103K | $66K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4422 | +0.024% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4418 | −0.060% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4422 | +0.015% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4417 | −0.087% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4427 | +0.138% | $26K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0327% | 1h | 0.4420 | −0.028% | $361K | $193K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4416 | −0.111% | $1.7M | $734K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4456 | +0.793% | $52K | $77K | 50x | as long as short |
| dYdX TIA-USD | +0.0444% | 1h | 0.4418 | −0.060% | $52K | $139 | 10x | as long as short |
| GMX TIA/USD [ETH-USDC]long | L +0.0495% / S −0.1196% | 1h | 0.4421 | long leg | $40K | — | 100x |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD