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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%
Price spread now: Aster against Lighter−0.195%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$870.873% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.171%+$17 · spread now −0.195%, 7d avg −0.025%
Together, before fees+0.199%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · 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: Aster is 0.170% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.43990.0096pay 0.0012% / 1h16m 34s$140K$360K10x
ShortAster TIAUSDT0.43900.0100get 0.0050% / 4h3h 16m$34K$249K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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: −0.195% → −0.025%
−$17
Slippage, 4 orders
−$79.26
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$103.42
Costs to cover
0.873%
Break-even
868.8 days
Slippage from Lighter: live order book, 48 min ago; Aster: live order book, 55 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 Lighter live order book, 48 min ago1.94 bp21.0 bp −$2172.5 bp −$725305.1 bp −$30.5Kdoesn't fit
Sell Aster live order book, 55 min ago5.74 bp35.4 bp −$35doesn't fitdoesn't fitdoesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSD−0.0152%1h0.4387−0.262%$361K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0141%4h0.4395−0.089%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0032%4h0.4392−0.157%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4388−0.248%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4388−0.246%$1K150xas long as short
Lighter TIAlong+0.0096%1h0.4399long leg$140K$360K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4387−0.271%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4398−0.016%$4.5M$1.5M5xas long as short
Aster TIAUSDTshort+0.0100%4h0.4390−0.195%$34K$249K10x
Binance TIAUSDT+0.0100%4h0.4396−0.074%$14.6M$40.9M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4394−0.111%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4394−0.111%$988K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4395−0.089%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4394−0.111%$4.5M$3.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4395−0.089%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4391−0.189%$101K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4385−0.321%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4384−0.339%$49K$233K50xas long as short
HTX TIA-USDT+0.0100%4h0.4390−0.202%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4393−0.143%$55K$173K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4386−0.282%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4392−0.157%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4385−0.313%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4405+0.139%$51K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4383−0.361%$1.3M$587K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4387−0.269%$36K100xas long as short
dYdX TIA-USD+0.0925%1h0.4393−0.134%$52K$19910xas long as short