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

TIA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.138%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$550.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.138% cheaper against Lighter than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.44080.0096pay 0.0012% / 1h11m 11s$140K$360K10x
ShortBingX TIA-USDT0.44020.0100get 0.0050% / 4h3h 11m$98.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.138% → 0.000%
−$13.84
Slippage, 4 orders
−$45.47
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$68.47
Costs to cover
0.555%
Break-even
577.5 days
Slippage from Lighter: live order book, 53 min ago; BingX: live order book, 13 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, 53 min ago1.94 bp21.0 bp −$2172.5 bp −$725305.1 bp −$30.5Kdoesn't fit
Sell BingX live order book, 13 min ago1.14 bp9.1 bp −$918.9 bp −$18962.9 bp −$6,290380.3 bp −$190.1K

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%1h0.4406−0.041%$362K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0134%4h0.4397−0.252%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0022%4h0.4401−0.161%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4402−0.138%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4404−0.091%$1K150xas long as short
Lighter TIAlong+0.0096%1h0.4408long leg$140K$360K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4402−0.138%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4410+0.041%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4406−0.048%$35K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4402−0.129%$14.7M$41.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4398−0.229%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4405−0.070%$990K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4402−0.138%$13.1M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4401−0.161%$4.5M$3.1M75xas long as short
BingX TIA-USDTshort+0.0100%4h0.4402−0.138%$98.9M
Backpack TIA_USDC_PERP+0.0100%1h0.4402−0.147%$102K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4398−0.223%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4403−0.116%$50K$233K50xas long as short
HTX TIA-USDT+0.0100%4h0.4411+0.066%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4398−0.229%$55K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4398−0.233%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4415+0.157%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4402−0.135%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4422+0.315%$52K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4402−0.138%$1.3M$603K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0462% / S −0.3505%1h0.4403−0.114%$36K100xas long as short
dYdX TIA-USD+0.0899%1h0.4407−0.018%$52K$19910xas long as short