Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: Backpack against Variational Omni+0.087%49s7-day average +0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.079%−$8 on $10k
+Price spread, last 3 days (all we have)−0.312%−$31 · spread now +0.087%, 7d avg +0.014%
=Together, before fees−0.391%+ Points / potential airdropVariational Omni: Active · farm board−$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.073% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.014%. 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 | Variational Omni TIA | 0.4375 | 0.0100 | pay 0.0050% / 4h | 51m 11s | $102K | $84K | — |
| Short | Backpack TIA_USDC_PERP | 0.4379 | 0.0100 | get 0.0013% / 1h | 51m 11s | $101K | $151K | 10x |
Variational Omni TIA
Backpack TIA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Variational Omni. 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
- Price spread: +0.087% → +0.014%
- $7.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$2.69
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Backpack: live order book, 27 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 Variational Omni RFQ quote, 38 min ago | 4.62 bp | doesn't fit | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 27 min ago | 1.62 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0162% | 1h | 0.4384 | +0.202% | $360K | $245K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0142% | 4h | 0.4383 | +0.185% | $2.8M | $6.0M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0055% | 1h | 0.4377 | +0.048% | $49K | $235K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0026% | 4h | 0.4383 | +0.185% | $4.2M | $8.6M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4387 | +0.276% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4387 | +0.281% | $1K | — | 150x | as long as short |
| Gate TIA_USDT | +0.0038% | 4h | 0.4384 | +0.208% | $993K | $1.8M | 75x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4392 | +0.386% | $140K | $361K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4386 | +0.254% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4390 | +0.345% | $4.3M | $1.5M | 5x | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
Lighter TIA
Orderly PERP_TIA_USDC
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4383 | +0.182% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4385 | +0.241% | $14.6M | $42.3M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4382 | +0.162% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4385 | +0.231% | $13.8M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4384 | +0.208% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4383 | +0.185% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERPshort | +0.0100% | 1h | 0.4379 | +0.087% | $101K | $151K | 10x | |
| Variational Omni TIAlong | +0.0100% | 4h | 0.4375 | long leg | $102K | $84K | — | |
| HTX TIA-USDT | +0.0100% | 4h | 0.4384 | +0.208% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4383 | +0.177% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4386 | +0.254% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4381 | +0.139% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4383 | +0.185% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4384 | +0.208% | $27K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4380 | +0.116% | $1.1M | $570K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0459% / S −0.3505% | 1h | 0.4387 | +0.266% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0507% | 1h | 0.4381 | +0.148% | $52K | $59 | 10x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD