Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget+0.317%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.317%, 7d avg +0.135%
=Together, before fees−0.179%+ Points / potential airdropLighter: Season 3 · farm board−$18 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 0.182% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TIAUSDT | 0.4385 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $4.5M | $3.5M | 75x |
| Short | Lighter TIA | 0.4399 | 0.0096 | get 0.0012% / 1h | 29m 28s | $156K | $406K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$0.84
- Price spread: +0.317% → +0.135%
- $18.18
- Slippage, 4 orders
- −$64.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$59.3
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 30 min ago.
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 Bitget live order book, 4 min ago | 1.14 bp | 18.7 bp −$19 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 30 min ago | 2.18 bp | 14.5 bp −$14 | 79.2 bp −$792 | 321.2 bp −$32.1K | doesn't fit |
TIA on 26 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 | −0.0188% | 1h | 0.4386 | +0.023% | $49K | $232K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0082% | 4h | 0.4379 | −0.137% | $2.8M | $6.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0003% | 1h | 0.4396 | +0.258% | $359K | $214K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0002% | 4h | 0.4387 | +0.046% | $4.2M | $8.9M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4398 | +0.296% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4385 | −0.002% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0060% | 4h | 0.4380 | −0.114% | $9.5M | $13.0M | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4399 | +0.317% | $156K | $406K | 10x | |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4382 | −0.068% | $5K | $323K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4395 | +0.226% | $4.7M | $1.7M | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4392 | +0.168% | $34K | $244K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4385 | 0.000% | $14.3M | $42.5M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4388 | +0.068% | $986K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4386 | +0.023% | $12.4M | $6.7M | 300x | as long as short |
| Bitget TIAUSDTlong | +0.0100% | 4h | 0.4385 | long leg | $4.5M | $3.5M | 75x | |
| BingX TIA-USDC | +0.0100% | 4h | 0.4385 | 0.000% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4397 | +0.278% | $102K | $163K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4385 | −0.004% | $103K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4397 | +0.274% | $59K | $75K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4385 | −0.010% | $42K | $198K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4396 | +0.262% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4382 | −0.066% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0216% | 1h | 0.4395 | +0.228% | $52K | $199 | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0266% | 1h | 0.4378 | −0.160% | $26K | $10K | 12x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0304% | 1h | 0.4397 | +0.274% | $51K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0463% / S −0.3505% | 1h | 0.4386 | +0.015% | $36K | — | 100x | as long as short |
Bitget TIAUSDT
Lighter TIA
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]