Funding you earn now, next payment 07:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.070%
Price spread now: Reya against Kraken Futures−0.098%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.098% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 9.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TIAUSD | 0.4355 | 0.0146 | pay 0.0018% / 1h | 39m 13s | $345K | $201K | 50x |
| Short | Reya TIARUSDPERP | 0.4351 | 0.0181 | get 0.0023% / 1h | 39m 13s | $6K | — | 15x |
Kraken Futures PF_TIAUSD
Reya TIARUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $7.43
- Price spread: −0.098% → 0.000%
- −$9.8
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$18.37
- Costs to cover
- 0.160%
- Break-even
- 24.3 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; Reya: 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, 3 min ago | 24.12 bp | 29.5 bp −$29 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4354 | −0.032% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4353 | −0.056% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0012% | 1h | 0.4355 | −0.009% | $50K | $226K | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0051% | 4h | 0.4351 | −0.101% | $2.7M | $6.5M | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4359 | +0.078% | $150K | $425K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4353 | −0.055% | $7K | $252K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4358 | +0.060% | $4.6M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4351 | −0.097% | $32K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4355 | −0.010% | $13.6M | $47.5M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4353 | −0.055% | $9.8M | $14.0M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4354 | −0.032% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4354 | −0.032% | $13.0M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4353 | −0.055% | $4.2M | $9.7M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4351 | −0.101% | $4.4M | $3.9M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4352 | −0.078% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4353 | −0.062% | $100K | $173K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4355 | −0.015% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4356 | +0.014% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4349 | −0.148% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4352 | −0.078% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0116% / S +0.0053% | 1h | 0.4355 | −0.015% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSDlong | +0.0146% | 1h | 0.4355 | long leg | $345K | $201K | 50x | |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4353 | −0.055% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERPshort | +0.0181% | 1h | 0.4351 | −0.098% | $6K | — | 15x | |
| dYdX TIA-USD | +0.0252% | 1h | 0.4354 | −0.029% | $52K | $139 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4350 | −0.124% | $1.7M | $702K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4395 | +0.909% | $47K | $87K | 50x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX