Funding you earn now, next payment 09:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.582%
Price spread now: GMX against Kraken Futures+0.042%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. GMX is 0.042% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4485 | −0.0112 | get 0.0014% / 1h | 37m 23s | $354K | $224K | 50x |
| Short | GMX TIA/USD [ETH-USDC] | 0.4487 | L −0.2416% / S +0.0128% | pay 0.0016% / 1h | 37m 23s | $6K | — | 100x |
Kraken Futures PF_TIAUSD
GMX TIA/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$3.43
- Price spread: +0.042% → 0.000%
- $4.21
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$21.22
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 60 min ago; GMX: 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 Kraken Futures live order book, 60 min ago | 19.22 bp | 25.4 bp −$25 | 65.1 bp −$651 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC]short | L −0.2416% / S +0.0128% | 1h | 0.4487 | +0.042% | $6K | — | 100x | |
| Kraken Futures PF_TIAUSDlong | −0.0112% | 1h | 0.4485 | long leg | $354K | $224K | 50x | |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4486 | +0.013% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4481 | −0.101% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0030% | 4h | 0.4483 | −0.054% | $2.8M | $7.0M | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0048% | 1h | 0.4487 | +0.036% | $24K | $12K | 12x | as long as short |
| ApeX Omni TIAUSDT | +0.0073% | 1h | 0.4478 | −0.165% | $51K | $224K | 50x | as long as short |
| dYdX TIA-USD | +0.0076% | 1h | 0.4486 | +0.019% | $53K | $139 | 10x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4493 | +0.176% | $194K | $469K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4483 | −0.054% | $7K | $221K | 10x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
Injective TIA/USDC PERP
ApeX Omni TIAUSDT
dYdX TIA-USD
Lighter TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4492 | +0.158% | $4.9M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4481 | −0.095% | $33K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4481 | −0.103% | $14.4M | $49.2M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4486 | +0.013% | $10.2M | $14.5M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4488 | +0.058% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4483 | −0.054% | $11.8M | $14.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4485 | −0.009% | $4.3M | $10.1M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4479 | −0.143% | $4.5M | $4.1M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4479 | −0.143% | — | $13.7M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4490 | +0.102% | $104K | $175K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4475 | −0.237% | $137K | $79K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4470 | −0.343% | $60K | $76K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4483 | −0.047% | $57K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4484 | −0.033% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4481 | −0.090% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4481 | −0.098% | $1.7M | $784K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0416% | 1h | 0.4500 | +0.325% | $53K | $107K | 50x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
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
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX