Funding you earn now, next payment 05:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.073%
Price spread now: Lighter against BloFin−0.036%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−0.309%−$31 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.036%, 7d avg +0.040%
=Together, before fees−0.442%+ Points / potential airdropLighter: Season 3 · farm board−$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter is 0.076% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TIA-USDT | 0.4454 | 0.0340 | pay 0.0170% / 4h | 3h 52m | $1.7M | $742K | 75x |
| Short | Lighter TIA | 0.4452 | 0.0096 | get 0.0012% / 1h | 52m 28s | $157K | $417K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$51.24
- Price spread: −0.036% → +0.040%
- −$7.57
- Slippage, 4 orders
- −$51.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$122.6
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Lighter: live order book, 57 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 BloFin live order book, 5 min ago | 1.13 bp | 16.8 bp −$17 | 28.5 bp −$285 | 80.6 bp −$8,060 | doesn't fit |
| Sell Lighter live order book, 57 min ago | 2.39 bp | 13.5 bp −$13 | 72.0 bp −$720 | 324.3 bp −$32.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4450 | −0.090% | $1K | — | 150x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4452 | −0.036% | $157K | $417K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4452 | −0.045% | $5K | $242K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4455 | +0.020% | $4.8M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4445 | −0.199% | $34K | $243K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4448 | −0.124% | $14.5M | $43.2M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4448 | −0.135% | $9.9M | $13.4M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4445 | −0.202% | $2.8M | $6.3M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4450 | −0.090% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4450 | −0.090% | $11.9M | $6.4M | 300x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4449 | −0.112% | $4.3M | $9.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4448 | −0.135% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4449 | −0.112% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4455 | +0.029% | $103K | $171K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4415 | −0.882% | $103K | $66K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4429 | −0.561% | $50K | $230K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4431 | −0.516% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4446 | −0.179% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4453 | −0.022% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4448 | −0.144% | $6K | — | 15x | as long as short |
| Deribit TIA_USDC-PERPETUAL | +0.0199% | 1h | 0.4455 | +0.022% | $31K | $25K | 25x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4431 | −0.516% | $26K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0325% | 1h | 0.4452 | −0.040% | $364K | $193K | 50x | as long as short |
| BloFin TIA-USDTlong | +0.0340% | 4h | 0.4454 | long leg | $1.7M | $742K | 75x | |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4449 | −0.112% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0496% / S −0.1196% | 1h | 0.4449 | −0.102% | $41K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0629% | 1h | 0.4450 | −0.085% | $53K | $139 | 10x | as long as short |
BloFin TIA-USDT
Lighter TIA
gTrade (Gains Network) TIA/USD
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Deribit TIA_USDC-PERPETUAL
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]