Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%
Price spread now: Lighter against Aster+0.010%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$730.730% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.010%, 7d avg +0.034%
Together, before fees−0.020%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$2 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: Lighter is 0.025% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TIAUSDT0.44480.0100pay 0.0050% / 4h1m 52s$33K$247K10x
ShortLighter TIA0.44490.0096get 0.0012% / 1h1m 52s$156K$428K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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

Funding earned
−$0.84
Price spread: +0.010% → +0.034%
−$2.45
Slippage, 4 orders
−$65.05
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$76.34
Costs to cover
0.730%
Break-even
never at this rate
Slippage from Aster: live order book, 35 min ago; Lighter: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 35 min ago6.78 bp16.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 28 min ago2.14 bp9.7 bp −$1067.9 bp −$679314.4 bp −$31.4Kdoesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX TIA/USD [ETH-USDC]L −0.1443% / S +0.0096%1h0.4446−0.050%$5K100xas long as short
ApeX Omni TIAUSDT−0.0093%1h0.4442−0.136%$51K$225K50xas long as short
Kraken Futures PF_TIAUSD−0.0007%1h0.4446−0.053%$349K$210K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4445−0.069%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4446−0.055%$1K150xas long as short
Injective TIA/USDC PERP+0.0014%1h0.4447−0.024%$24K$12K12xas long as short
OKX TIA-USDT-SWAP+0.0030%4h0.4449+0.021%$2.8M$6.8M50xas long as short
Lighter TIAshort+0.0096%1h0.4449+0.010%$156K$428K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4444−0.091%$7K$227K10xas long as short
Hyperliquid TIA+0.0100%1h0.4457+0.208%$4.8M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDTlong+0.0100%4h0.4448long leg$33K$247K10x
Binance TIAUSDT+0.0100%4h0.4452+0.078%$14.1M$48.3M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4452+0.089%$10.2M$14.1M50xas long as short
Gate TIA_USDT+0.0100%4h0.4449+0.021%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4448−0.001%$12.4M$14.2M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4449+0.021%$4.3M$10.0M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4450+0.044%$4.4M$4.1M75xas long as short
BingX TIA-USDC+0.0100%4h0.4448−0.001%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4446−0.042%$103K$174K10xas long as short
Variational Omni TIA+0.0100%4h0.4446−0.037%$136K$78Kas long as short
HTX TIA-USDT+0.0100%4h0.4449+0.021%$60K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4445−0.059%$57K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4444−0.092%$7K3xas long as short
Reya TIARUSDPERP+0.0182%1h0.4442−0.126%$6K15xas long as short
dYdX TIA-USD+0.0230%1h0.4449+0.030%$53K$13910xas long as short
BloFin TIA-USDT+0.0340%4h0.4444−0.091%$1.7M$717K75xas long as short
Coinbase International TIA-PERP-INTX+0.0432%1h0.4459+0.246%$52K$104K50xas long as short