Settings8H · net · $10k
Funding arb · Price arb /

TIA

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Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective TIA/USDC PERP0.43590.0117pay 0.0015% / 1h1m 17s$26K$10K12x
ShortKraken Futures PF_TIAUSD0.4354−0.0154pay 0.0019% / 1h1m 17s$358K$226K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Kraken Futures live order book, 6 min ago12.48 bp22.0 bp −$2275.5 bp −$755doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSDshort−0.0154%1h0.4354−0.118%$358K$226K50x
OKX TIA-USDT-SWAP−0.0136%4h0.4348−0.252%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0024%4h0.4351−0.184%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4351−0.184%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4353−0.138%$1K150xas long as short
Bybit TIAUSDT+0.0085%4h0.4347−0.275%$9.5M$13.0M50xas long as short
Lighter TIA+0.0096%1h0.4358−0.034%$139K$362K10xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4351−0.184%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4359+0.002%$4.6M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4348−0.255%$34K$240K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4350−0.206%$14.5M$41.6M75xas long as short
Gate TIA_USDT+0.0100%4h0.4353−0.138%$978K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4353−0.138%$12.7M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4350−0.206%$4.5M$3.2M75xas long as short
BingX TIA-USDT+0.0100%4h0.4350−0.206%$99.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4356−0.071%$102K$156K10xas long as short
Variational Omni TIA+0.0100%4h0.4348−0.258%$102K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4376+0.390%$49K$232K50xas long as short
HTX TIA-USDT+0.0100%4h0.4354−0.115%$57K$72K50xas long as short
Extended TIA-USD+0.0104%1h0.4347−0.267%$54K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4350−0.208%$7K3xas long as short
Injective TIA/USDC PERPlong+0.0117%1h0.4359long leg$26K$10K12x
Reya TIARUSDPERP+0.0179%1h0.4350−0.210%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4364+0.115%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4351−0.184%$1.3M$609K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4353−0.141%$35K100xas long as short
dYdX TIA-USD+0.0806%1h0.4353−0.132%$52K$19910xas long as short