TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0266%/8h= −29.1% APRnext payment −$0.33 per $10,000 · paid last 24h −0.031%

Price spread now: Deribit against Injective+0.391%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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 0.391% dearer against Injective than usual: you sell high and buy low (spread +0.391% now, against zero (this spread has no 7-day history yet)): +$39 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective TIA/USDC PERP	0.4352	0.0266	pay 0.0033% / 1h	42m 36s	$26K	$10K	12x
Short	Deribit TIA_USDC-PERPETUAL	0.4369	0	get 0.0000% / 1h	42m 36s	$30K	$27K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 InjectivebpFee DeribitbpOrdersPrice spread, now +0.391%Rate

Funding earned: −$55.87
Price spread: +0.391% → 0.000%: $39.06
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$23.83
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Injective and 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
ApeX Omni TIAUSDT	−0.0369%	1h	0.4367	+0.345%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0120%	4h	0.4348	−0.092%	$2.8M	$6.0M	50x	as long as short
KuCoin TIAUSDTM	−0.0004%	4h	0.4351	−0.023%	$4.2M	$8.9M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4372	+0.450%	$357K	$228K	50x	as long as short
Deribit TIA_USDC-PERPETUALshort	0.0000%	1h	0.4369	+0.391%	$30K	$27K	25x
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4372	+0.457%	$1K	—	150x	as long as short
Bybit TIAUSDT	+0.0045%	4h	0.4347	−0.115%	$9.5M	$13.1M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4356	+0.087%	$128K	$371K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4369	+0.391%	$5K	$340K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4362	+0.239%	$4.6M	$1.6M	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	0.4356	+0.103%	$34K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4352	0.000%	$14.3M	$42.2M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4356	+0.092%	$979K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4353	+0.023%	$12.4M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4349	−0.069%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4350	−0.046%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4366	+0.326%	$101K	$162K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4361	+0.214%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4372	+0.460%	$58K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4347	−0.105%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4370	+0.402%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0134%	1h	0.4353	+0.023%	$52K	$199	10x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4368	+0.365%	$6K	—	15x	as long as short
Injective TIA/USDC PERPlong	+0.0266%	1h	0.4352	long leg	$26K	$10K	12x
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4377	+0.574%	$51K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4373	+0.483%	$1.3M	$617K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0462% / S −0.3505%	1h	0.4372	+0.469%	$36K	—	100x	as long as short