TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0094%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Lighter against gTrade (Gains Network)−0.050%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.050% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TIA/USD	0.4343	L +0.0002% / S 0.0000%	pay 0.0000% / 1h	18m 40s	$1K	—	150x
Short	Lighter TIA	0.4341	0.0096	get 0.0012% / 1h	18m 40s	$128K	$351K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now −0.050%Rate

Funding earned: $19.65
Price spread: −0.050% → 0.000%: −$5
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $4.65
Costs to cover: 0.100%
Break-even: 5.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 56 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 56 min ago	1.85 bp	9.5 bp −$9	73.6 bp −$736	306.4 bp −$30.6K	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0228%	1h	0.4339	−0.099%	$355K	$242K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0115%	4h	0.4332	−0.257%	$2.7M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0032%	4h	0.4335	−0.188%	$4.2M	$8.6M	50x	as long as short
Gate TIA_USDT	−0.0024%	4h	0.4336	−0.165%	$996K	$1.8M	75x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4340	−0.073%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USDlong	L +0.0002% / S 0.0000%	1h	0.4343	long leg	$1K	—	150x
ApeX Omni TIAUSDT	+0.0008%	1h	0.4337	−0.142%	$49K	$236K	50x	as long as short
Lighter TIAshort	+0.0096%	1h	0.4341	−0.050%	$128K	$351K	10x
Orderly PERP_TIA_USDC	+0.0097%	4h	0.4340	−0.073%	$5K	$362K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4342	−0.022%	$4.2M	$1.5M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4337	−0.148%	$35K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4336	−0.165%	$14.6M	$42.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4335	−0.188%	$9.5M	$13.2M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4336	−0.165%	$14.1M	$6.8M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4339	−0.096%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4335	−0.188%	—	$99.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4339	−0.089%	$100K	$150K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4337	−0.132%	$101K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4338	−0.119%	$65K	$42K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4334	−0.219%	$57K	$168K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4338	−0.122%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0106%	1h	0.4333	−0.234%	$26K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0179%	1h	0.4338	−0.119%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0216%	1h	0.4344	+0.019%	$47K	$74K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4339	−0.096%	$1.1M	$557K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0457% / S −0.3505%	1h	0.4343	−0.008%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0701%	1h	0.4338	−0.110%	$52K	$59	10x	as long as short