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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.012%
Price spread now: Lighter against Gate+0.100%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$820.815% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)+0.218%+$22 · spread now +0.100%, 7d avg +0.075%
Together, before fees+0.284%+ Points / potential airdropLighter: Season 3 · farm board+$28 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% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TIA_USDT0.43950.0100pay 0.0050% / 4h1h 58m$1.0M$1.7M75x
ShortLighter TIA0.43990.0096get 0.0012% / 1h58m 49s$192K$434K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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: +0.100% → +0.075%
$2.52
Slippage, 4 orders
−$66.53
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$79.86
Costs to cover
0.815%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Lighter: live order book, 48 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 Gate live order book, 2 min ago5.69 bp28.4 bp −$2875.6 bp −$756doesn't fitdoesn't fit
Sell Lighter live order book, 48 min ago8.51 bp21.8 bp −$2272.0 bp −$720340.8 bp −$34.1Kdoesn't fit

TIA on 27 exchanges

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 −0.5414% / S +0.0229%1h0.4394−0.021%$5K100xas long as short
Bybit TIAUSDT−0.0358%4h0.4386−0.205%$9.6M$14.3M50xas long as short
Injective TIA/USDC PERP−0.0275%1h0.4403+0.182%$78K$158K12xas long as short
ApeX Omni TIAUSDT−0.0002%1h0.4390−0.114%$51K$219K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4394−0.023%$33K$22K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4390−0.123%$1K150xas long as short
Kraken Futures PF_TIAUSD+0.0082%1h0.4397+0.043%$369K$216K50xas long as short
Lighter TIAshort+0.0096%1h0.4399+0.100%$192K$434K10x
Orderly PERP_TIA_USDC+0.0098%4h0.4394−0.023%$6K$189K10xas long as short
Variational Omni TIA+0.0100%4h0.4381−0.308%$102K$100Kas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4397+0.057%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4391−0.098%$32K$238K10xas long as short
Binance TIAUSDT+0.0100%4h0.4392−0.062%$14.1M$48.5M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4388−0.159%$2.7M$6.7M50xas long as short
Gate TIA_USDTlong+0.0100%4h0.4395long leg$1.0M$1.7M75x
MEXC TIA_USDT+0.0100%4h0.4392−0.068%$10.7M$14.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4390−0.114%$4.2M$10.4M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4392−0.068%$4.4M$4.2M75xas long as short
BingX TIA-USDC+0.0100%4h0.4393−0.046%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4393−0.050%$101K$172K10xas long as short
HTX TIA-USDT+0.0100%4h0.4397+0.046%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4392−0.061%$55K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4391−0.080%$7K3xas long as short
dYdX TIA-USD+0.0111%1h0.4396+0.023%$52K$13910xas long as short
Reya TIARUSDPERP+0.0182%1h0.4388−0.154%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4391−0.091%$1.5M$692K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4398+0.068%$53K$108K50xas long as short