TIA

Alert: funding

Alert: spread

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: Kraken Futures against Reya+0.098%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 Kraken Futures

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. Kraken Futures is 0.098% dearer against Reya than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya TIARUSDPERP	0.4351	0.0181	pay 0.0023% / 1h	39m 17s	$6K	—	15x
Short	Kraken Futures PF_TIAUSD	0.4355	0.0146	get 0.0018% / 1h	39m 17s	$345K	$201K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$7.43
Price spread: +0.098% → 0.000%: $9.81
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$13.62
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 3 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 Reya no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 3 min ago	24.12 bp	30.5 bp −$30	62.8 bp −$628	doesn't fit	doesn't fit

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	+0.066%	$30K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4353	+0.042%	$1K	—	150x	as long as short
ApeX Omni TIAUSDT	+0.0012%	1h	0.4355	+0.089%	$50K	$226K	50x	as long as short
OKX TIA-USDT-SWAP	+0.0051%	4h	0.4348	−0.072%	$2.7M	$6.5M	50x	as long as short
Lighter TIA	+0.0096%	1h	0.4354	+0.068%	$150K	$425K	10x	as long as short
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4353	+0.043%	$7K	$252K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4360	+0.202%	$4.6M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4351	−0.008%	$32K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4352	+0.029%	$13.6M	$47.5M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4352	+0.020%	$9.8M	$14.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TIA_USDT	+0.0100%	4h	0.4353	+0.043%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4353	+0.043%	$13.0M	$14.2M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4351	−0.003%	$4.2M	$9.7M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4350	−0.026%	$4.4M	$3.9M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4350	−0.026%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4349	−0.040%	$100K	$173K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4355	+0.083%	$102K	$51K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4358	+0.158%	$58K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4349	−0.050%	$56K	$213K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4352	+0.020%	$7K	—	3x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0117% / S +0.0053%	1h	0.4352	+0.019%	$6K	—	100x	as long as short
Kraken Futures PF_TIAUSDshort	+0.0146%	1h	0.4355	+0.098%	$345K	$201K	50x
Injective TIA/USDC PERP	+0.0176%	1h	0.4353	+0.043%	$24K	$11K	12x	as long as short
Reya TIARUSDPERPlong	+0.0181%	1h	0.4351	long leg	$6K	—	15x
dYdX TIA-USD	+0.0252%	1h	0.4354	+0.069%	$52K	$139	10x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4360	+0.204%	$1.7M	$703K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0408%	1h	0.4395	+1.008%	$47K	$87K	50x	as long as short