Spread before costs (cost unknown: a leg has no order-book sample)−0.023%
7d average+0.051%if it closes, per $10,000$2funding while held, a day−$7.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TIA_USDC | 0.4299 | 0.0098 | pay 0.0049% / 4h | 2h 10m | $5K | $357K | 10x |
| Short | Kraken Futures PF_TIAUSD | 0.4298 | −0.0136 | pay 0.0017% / 1h | 10m 37s | $347K | $212K | 50x |
Orderly PERP_TIA_USDC
Kraken Futures PF_TIAUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.34
- Funding while held
- −$7.01
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$25.35
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 29 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0234%
- Per $10,000 a day
- −$7.01
- Average in range /8h
- —
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 Kraken Futures live order book, 29 min ago | 4.58 bp | 28.8 bp −$29 | 73.6 bp −$736 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Backpack0.4294cheapestReya0.4295+0.023%Aster0.4297+0.059%Gate0.4297+0.068%Extended0.4298+0.086%Aevo0.4298+0.087%
Backpack
Reya
Aster
Gate
Extended
AevoKraken Futures0.4298+0.091%
Bitget0.4298+0.091%BingX0.4298+0.091%MEXC0.4299+0.114%KuCoin0.4299+0.114%gTrade (Gains Network)0.4299+0.114%
Bitget
BingX
MEXC
KuCoin
gTrade (Gains Network)Orderly0.4299+0.114%
Deribit0.4299+0.114%Hyperliquid0.4299+0.121%GMX0.4300+0.132%Variational Omni0.4301+0.158%dYdX0.4301+0.161%Bybit0.4301+0.161%HTX0.4302+0.184%OKX0.4303+0.207%Lighter0.4304+0.228%Binance0.4305+0.254%ApeX Omni0.4308+0.324%BloFin0.4309+0.347%Coinbase International0.4314+0.463%Injective0.4316+0.510%
Deribit
Hyperliquid
GMX
Variational Omni
dYdX
Bybit
HTX
OKX
Lighter
Binance
ApeX Omni
BloFin
Coinbase International
InjectiveTIA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack TIA_USDC_PERP | −0.114% | −0.0042% | 1h | $98K | $150K | 10x | as long as short |
| Reya TIARUSDPERP | −0.091% | +0.0177% | 1h | $6K | — | 15x | as long as short |
| Aster TIAUSDT | −0.055% | +0.0100% | 4h | $26K | $276K | 10x | as long as short |
| Gate TIA_USDT | −0.047% | +0.0100% | 4h | $1.0M | $1.8M | 75x | as long as short |
| Extended TIA-USD | −0.029% | +0.0104% | 1h | $98K | $140K | 25x | as long as short |
| Aevo TIA-PERP | −0.027% | +0.0104% | 1h | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSDshort | −0.023% | −0.0136% | 1h | $347K | $212K | 50x | |
| Bitget TIAUSDT | −0.023% | +0.0100% | 4h | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | −0.023% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| MEXC TIA_USDT | 0.000% | +0.0100% | 4h | $8.9M | $6.2M | 300x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin TIAUSDTM | 0.000% | +0.0078% | 4h | $4.1M | $9.3M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | 0.000% | L +0.0002% / S 0.0000% | 1h | $1K | — | 150x | as long as short |
| Orderly PERP_TIA_USDClong | 0.000% | +0.0098% | 4h | $5K | $357K | 10x | |
| Deribit TIA_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $36K | $24K | 25x | as long as short |
| Hyperliquid TIA | +0.007% | +0.0100% | 1h | $4.2M | $1.5M | 5x | as long as short |
| GMX TIA/USD [ETH-USDC] | +0.018% | L +0.0353% / S −0.2122% | 1h | $22K | — | 100x | as long as short |
| Variational Omni TIA | +0.043% | +0.0100% | 4h | $95K | $80K | — | as long as short |
| dYdX TIA-USD | +0.047% | +0.0844% | 1h | $51K | $59 | 10x | as long as short |
| Bybit TIAUSDT | +0.047% | +0.0100% | 4h | $9.1M | $12.1M | 50x | as long as short |
| HTX TIA-USDT | +0.070% | +0.0100% | 4h | $73K | $18K | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.093% | +0.0100% | 4h | $2.7M | $5.6M | 50x | as long as short |
| Lighter TIA | +0.114% | +0.0096% | 1h | $143K | $342K | 10x | as long as short |
| Binance TIAUSDT | +0.140% | +0.0100% | 4h | $14.0M | $40.2M | 75x | as long as short |
| ApeX Omni TIAUSDT | +0.209% | −0.0224% | 1h | $48K | $232K | 50x | as long as short |
| BloFin TIA-USDT | +0.233% | +0.0340% | 4h | $840K | $479K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.349% | +0.0224% | 1h | $48K | $69K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.395% | +0.0410% | 1h | $27K | $61K | 12x | as long as short |