Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against Orderly−0.023%49s7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now −0.023%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.038% cheaper against Orderly than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TIA_USDC | 0.4310 | 0.0099 | pay 0.0050% / 4h | 2h 30m | $6K | $271K | 10x |
| Short | Binance TIAUSDT | 0.4309 | 0.0100 | get 0.0050% / 4h | 2h 30m | $13.5M | $44.1M | 75x |
Orderly PERP_TIA_USDC
Binance TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- $0.15
- Price spread: −0.023% → +0.015%
- −$3.82
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$19.67
- Costs to cover
- 0.160%
- Break-even
- 917.8 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 11 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 1.15 bp | 10.2 bp −$10 | 30.1 bp −$301 | 113.0 bp −$11.3K | doesn't fit |
Orderly: 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 | −0.0214% | 1h | 0.4310 | 0.000% | $30K | $25K | 25x | as long as short |
| ApeX Omni TIAUSDT | −0.0021% | 1h | 0.4310 | 0.000% | $49K | $227K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4312 | +0.046% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4310 | +0.009% | $149K | $428K | 10x | as long as short |
| Orderly PERP_TIA_USDClong | +0.0099% | 4h | 0.4310 | long leg | $6K | $271K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4312 | +0.042% | $4.6M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4312 | +0.037% | $33K | $243K | 10x | as long as short |
| Binance TIAUSDTshort | +0.0100% | 4h | 0.4309 | −0.023% | $13.5M | $44.1M | 75x | |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4304 | −0.139% | $9.6M | $13.8M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4305 | −0.116% | $2.7M | $6.3M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
ApeX Omni TIAUSDT
gTrade (Gains Network) TIA/USD
Lighter TIA
Hyperliquid TIA
Aster TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4308 | −0.046% | $966K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4306 | −0.093% | $10.3M | $6.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4304 | −0.139% | $4.1M | $9.4M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4305 | −0.116% | $4.4M | $3.7M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4306 | −0.093% | — | $103.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4309 | −0.035% | $99K | $174K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4306 | −0.085% | $100K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4311 | +0.023% | $57K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4304 | −0.131% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4309 | −0.023% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4308 | −0.054% | $6K | — | 15x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0194% | 1h | 0.4313 | +0.067% | $342K | $205K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0206% / S +0.0050% | 1h | 0.4311 | +0.032% | $6K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4317 | +0.162% | $25K | $11K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4305 | −0.116% | $1.6M | $694K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4378 | +1.578% | $47K | $84K | 50x | as long as short |
| dYdX TIA-USD | +0.0502% | 1h | 0.4309 | −0.016% | $51K | $139 | 10x | as long as short |
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
Kraken Futures PF_TIAUSD
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD