Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit+0.228%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$510.507% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.228%, 7d avg +0.108%
=Together, before fees−0.197%+ Points / potential airdropLighter: Season 3 · farm board−$20 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 0.120% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TIAUSDT | 0.4511 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $10.2M | $14.6M | 50x |
| Short | Lighter TIA | 0.4521 | 0.0096 | get 0.0012% / 1h | 12m 09s | $196K | $469K | 10x |
Bybit TIAUSDT
Lighter TIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.228% → +0.108%
- $11.99
- Slippage, 4 orders
- −$39.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.52
- Costs to cover
- 0.507%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Lighter: live order book, 12 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 Bybit live order book, 1 min ago | 1.11 bp | 12.0 bp −$12 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 12 min ago | 7.77 bp | 19.9 bp −$20 | 72.0 bp −$720 | 317.5 bp −$31.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC] | L −0.3462% / S +0.0163% | 1h | 0.4511 | −0.006% | $6K | — | 100x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0111% | 1h | 0.4516 | +0.103% | $355K | $207K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4514 | +0.067% | $31K | $21K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4510 | −0.021% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0026% | 1h | 0.4519 | +0.177% | $52K | $225K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0048% | 1h | 0.4518 | +0.155% | $81K | $157K | 12x | as long as short |
| OKX TIA-USDT-SWAP | +0.0051% | 4h | 0.4512 | +0.022% | $2.8M | $7.0M | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4521 | +0.228% | $196K | $469K | 10x | |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4513 | +0.044% | $7K | $210K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4522 | +0.239% | $4.9M | $1.5M | 5x | as long as short |
GMX TIA/USD [ETH-USDC]
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Injective TIA/USDC PERP
OKX TIA-USDT-SWAP
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 | 0.4512 | +0.030% | $33K | $249K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4516 | +0.105% | $14.7M | $49.5M | 75x | as long as short |
| Bybit TIAUSDTlong | +0.0100% | 4h | 0.4511 | long leg | $10.2M | $14.6M | 50x | |
| Gate TIA_USDT | +0.0100% | 4h | 0.4514 | +0.067% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4515 | +0.089% | $11.4M | $14.6M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4512 | +0.022% | $4.4M | $10.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4512 | +0.022% | $4.5M | $4.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4513 | +0.044% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4516 | +0.111% | $104K | $170K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4514 | +0.063% | $138K | $77K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4516 | +0.111% | $60K | $76K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4510 | −0.025% | $57K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4515 | +0.084% | $7K | — | 3x | as long as short |
| dYdX TIA-USD | +0.0107% | 1h | 0.4516 | +0.116% | $54K | $139 | 10x | as long as short |
| Reya TIARUSDPERP | +0.0182% | 1h | 0.4509 | −0.037% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4512 | +0.022% | $1.7M | $772K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0416% | 1h | 0.4521 | +0.222% | $54K | $104K | 50x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
dYdX TIA-USD
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX