TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0237%/8h= −25.9% APRnext payment −$0.30 per $10,000 · paid last 24h +0.519%

Price spread now: GMX against Reya+0.090%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. GMX is 0.090% dearer against Reya than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TIARUSDPERP	0.4386	0.0181	pay 0.0023% / 1h	51m 48s	$6K	—	15x
Short	GMX TIA/USD [ETH-USDC]	0.4390	L +0.0034% / S +0.0055%	pay 0.0007% / 1h	51m 48s	$6K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee GMXbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$49.7
Price spread: +0.090% → 0.000%: $8.99
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$58.71
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Reya and 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
ApeX Omni TIAUSDT	−0.0704%	1h	0.4381	−0.121%	$50K	$224K	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0007%	1h	0.4389	+0.067%	$348K	$202K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4391	+0.107%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4389	+0.071%	$1K	—	150x	as long as short
Injective TIA/USDC PERP	+0.0014%	1h	0.4398	+0.266%	$24K	$12K	12x	as long as short
OKX TIA-USDT-SWAP	+0.0028%	4h	0.4392	+0.129%	$2.8M	$6.5M	50x	as long as short
GMX TIA/USD [ETH-USDC]short	L +0.0034% / S +0.0055%	1h	0.4390	+0.090%	$6K	—	100x
Lighter TIA	+0.0096%	1h	0.4402	+0.366%	$152K	$422K	10x	as long as short
KuCoin TIAUSDTM	+0.0098%	4h	0.4397	+0.243%	$4.2M	$9.9M	50x	as long as short
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4389	+0.061%	$7K	$240K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4405	+0.417%	$4.7M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4395	+0.202%	$33K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4397	+0.244%	$13.8M	$47.7M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4396	+0.221%	$10.0M	$13.9M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4398	+0.266%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4399	+0.289%	$12.7M	$14.0M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4396	+0.221%	$4.3M	$3.9M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4397	+0.243%	—	$103.9M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4394	+0.164%	$101K	$171K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4371	−0.356%	$102K	$50K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4388	+0.038%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4394	+0.183%	$56K	$210K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4390	+0.073%	$7K	—	3x	as long as short
dYdX TIA-USD	+0.0136%	1h	0.4389	+0.064%	$52K	$139	10x	as long as short
Reya TIARUSDPERPlong	+0.0181%	1h	0.4386	long leg	$6K	—	15x
BloFin TIA-USDT	+0.0340%	4h	0.4391	+0.107%	$1.6M	$709K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0432%	1h	0.4413	+0.608%	$48K	$87K	50x	as long as short