TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0399%/8h= −43.7% APRnext payment −$0.50 per $10,000 · paid last 24h −0.069%

Price spread now: Lighter against GMX+0.099%7-day average — · you sell dearer than you buy

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

Long on GMX 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

The price spread pays, funding is against you. Lighter is 0.099% dearer against GMX than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TIA/USD [ETH-USDC]	0.4427	L +0.0495% / S −0.1196%	pay 0.0062% / 1h	53m 53s	$41K	—	100x
Short	Lighter TIA	0.4431	0.0096	get 0.0012% / 1h	53m 53s	$156K	$417K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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 GMXbpFee LighterbpOrdersPrice spread, now +0.099%Rate

Funding earned: −$83.85
Price spread: +0.099% → 0.000%: $9.92
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$85.94
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 56 min ago	2.39 bp	13.5 bp −$13	72.0 bp −$720	324.3 bp −$32.4K	doesn't fit

GMX: 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
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4425	−0.039%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4428	+0.029%	$1K	—	150x	as long as short
Lighter TIAshort	+0.0096%	1h	0.4431	+0.099%	$156K	$417K	10x
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4424	−0.061%	$5K	$242K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4431	+0.101%	$4.8M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4425	−0.030%	$34K	$244K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4429	+0.053%	$14.5M	$43.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4429	+0.052%	$9.8M	$13.4M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4425	−0.039%	$2.8M	$6.3M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4429	+0.052%	$1.0M	$1.8M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC TIA_USDT	+0.0100%	4h	0.4430	+0.074%	$11.9M	$6.4M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4430	+0.074%	$4.3M	$9.2M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4427	+0.007%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4430	+0.074%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4426	−0.023%	$103K	$169K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4415	−0.271%	$103K	$66K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4419	−0.174%	$50K	$230K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4429	+0.052%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4426	−0.010%	$56K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4424	−0.061%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4422	−0.099%	$6K	—	15x	as long as short
Injective TIA/USDC PERP	+0.0271%	1h	0.4433	+0.142%	$26K	$11K	12x	as long as short
Kraken Futures PF_TIAUSD	+0.0327%	1h	0.4428	+0.026%	$362K	$193K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4413	−0.310%	$1.6M	$736K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4449	+0.504%	$52K	$77K	50x	as long as short
GMX TIA/USD [ETH-USDC]long	L +0.0495% / S −0.1196%	1h	0.4427	long leg	$41K	—	100x
dYdX TIA-USD	+0.0643%	1h	0.4438	+0.260%	$53K	$139	10x	as long as short