Funding you earn now, next payment 01:00 UTC−0.0270%/8h= −29.6% APRnext payment −$0.34 per $10,000 · paid last 24h −0.046%
Price spread now: Kraken Futures against Injective−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Kraken Futures is 0.118% cheaper against Injective than usual: you would sell low and buy high (−$12 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 | Injective TIA/USDC PERP | 0.4359 | 0.0117 | pay 0.0015% / 1h | 1m 17s | $26K | $10K | 12x |
| Short | Kraken Futures PF_TIAUSD | 0.4354 | −0.0154 | pay 0.0019% / 1h | 1m 17s | $358K | $226K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$56.73
- Price spread: −0.118% → 0.000%
- −$11.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$78.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 6 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 6 min ago | 12.48 bp | 22.0 bp −$22 | 75.5 bp −$755 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSDshort | −0.0154% | 1h | 0.4354 | −0.118% | $358K | $226K | 50x | |
| OKX TIA-USDT-SWAP | −0.0136% | 4h | 0.4348 | −0.252% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0024% | 4h | 0.4351 | −0.184% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4351 | −0.184% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4353 | −0.138% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0085% | 4h | 0.4347 | −0.275% | $9.5M | $13.0M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4358 | −0.034% | $139K | $362K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4351 | −0.184% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4359 | +0.002% | $4.6M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4348 | −0.255% | $34K | $240K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4350 | −0.206% | $14.5M | $41.6M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4353 | −0.138% | $978K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4353 | −0.138% | $12.7M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4350 | −0.206% | $4.5M | $3.2M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4350 | −0.206% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4356 | −0.071% | $102K | $156K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4348 | −0.258% | $102K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4376 | +0.390% | $49K | $232K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4354 | −0.115% | $57K | $72K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4347 | −0.267% | $54K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4350 | −0.208% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERPlong | +0.0117% | 1h | 0.4359 | long leg | $26K | $10K | 12x | |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4350 | −0.210% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4364 | +0.115% | $51K | $75K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4351 | −0.184% | $1.3M | $609K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4353 | −0.141% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0806% | 1h | 0.4353 | −0.132% | $52K | $199 | 10x | as long as short |
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]