Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h +0.063%
Price spread now: Extended against Kraken Futures+0.037%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)−0.406%−$41 · spread now +0.037%, 7d avg −0.132%
=Together, before fees−0.752%+ Points / potential airdropExtended: Active · farm board−$75 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.169% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.132%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.4 days. At the pace of the last 7 days (−0.346% in total) that is about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4424 | 0.0164 | pay 0.0021% / 1h | 13m 33s | $361K | $194K | 50x |
| Short | Extended TIA-USD | 0.4426 | 0.0104 | get 0.0013% / 1h | 13m 33s | $56K | $211K | 25x |
Kraken Futures PF_TIAUSD
Extended TIA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$12.62
- Price spread: +0.037% → −0.132%
- $16.87
- Slippage, 4 orders
- −$62.09
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$72.84
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 44 min ago; Extended: live order book, 43 min ago.
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 Kraken Futures live order book, 44 min ago | 23.93 bp | 29.3 bp −$29 | 64.7 bp −$647 | doesn't fit | doesn't fit |
| Sell Extended live order book, 43 min ago | 4.55 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0037% | 1h | 0.4423 | −0.020% | $50K | $230K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4423 | −0.020% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4423 | −0.024% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0038% | 4h | 0.4418 | −0.140% | $103K | $66K | — | as long as short |
| KuCoin TIAUSDTM | +0.0074% | 4h | 0.4425 | +0.025% | $4.3M | $9.1M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4432 | +0.178% | $156K | $419K | 10x | as long as short |
| Bybit TIAUSDT | +0.0098% | 4h | 0.4427 | +0.070% | $9.8M | $13.6M | 50x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4422 | −0.043% | $5K | $267K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4432 | +0.194% | $4.8M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4424 | −0.004% | $33K | $248K | 10x | as long as short |
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Variational Omni TIA
KuCoin TIAUSDTM
Lighter TIA
Bybit TIAUSDT
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4429 | +0.107% | $14.5M | $43.0M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4425 | +0.025% | $2.8M | $6.3M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4429 | +0.115% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4429 | +0.115% | $11.9M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4426 | +0.047% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4426 | +0.047% | — | $101.7M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4423 | −0.029% | $102K | $166K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4423 | −0.020% | $59K | $74K | 50x | as long as short |
| Extended TIA-USDshort | +0.0104% | 1h | 0.4426 | +0.037% | $56K | $211K | 25x | |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4422 | −0.043% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSDlong | +0.0164% | 1h | 0.4424 | long leg | $361K | $194K | 50x | |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4418 | −0.126% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4431 | +0.160% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4419 | −0.111% | $1.6M | $738K | 75x | as long as short |
| dYdX TIA-USD | +0.0344% | 1h | 0.4427 | +0.070% | $53K | $139 | 10x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0384% | 1h | 0.4452 | +0.635% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0495% / S −0.1196% | 1h | 0.4422 | −0.041% | $40K | — | 100x | as long as short |
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
BloFin TIA-USDT
dYdX TIA-USD
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]