TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.010%

Price spread now: Coinbase International against Lighter−0.002%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1041.037% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.519%−$52 on $10k

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.519%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TIA	0.4467	0.0096	pay 0.0012% / 1h	57m 00s	$194K	$467K	10x
Short	Coinbase International TIA-PERP-INTX	0.4467	0.0416	get 0.0052% / 1h	57m 00s	$52K	$104K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.002%Rate

Funding earned: $67.2
Price spread: −0.002% → 0.000%: −$0.22
Slippage, 4 orders: −$93.69
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$36.71
Costs to cover: 1.037%
Break-even: 10.8 days

Slippage from Lighter: live order book, 33 min ago; Coinbase International: live order book, 31 min ago.

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 Lighter live order book, 33 min ago	2.14 bp	17.2 bp −$17	71.9 bp −$719	304.7 bp −$30.5K	doesn't fit
Sell Coinbase International live order book, 31 min ago	19.18 bp	36.4 bp −$36	doesn't fit	doesn't fit	doesn't fit

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
GMX TIA/USD [ETH-USDC]	L −0.1646% / S +0.0102%	1h	0.4462	−0.107%	$5K	—	100x	as long as short
Kraken Futures PF_TIAUSD	−0.0113%	1h	0.4458	−0.209%	$352K	$221K	50x	as long as short
ApeX Omni TIAUSDT	−0.0090%	1h	0.4454	−0.293%	$51K	$224K	50x	as long as short
dYdX TIA-USD	0.0000%	1h	0.4459	−0.181%	$53K	$139	10x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4464	−0.069%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4462	−0.116%	$1K	—	150x	as long as short
OKX TIA-USDT-SWAP	+0.0040%	4h	0.4455	−0.271%	$2.8M	$6.8M	50x	as long as short
Injective TIA/USDC PERP	+0.0048%	1h	0.4456	−0.248%	$24K	$12K	12x	as long as short
Lighter TIAlong	+0.0096%	1h	0.4467	long leg	$194K	$467K	10x
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4462	−0.114%	$7K	$226K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4469	+0.038%	$4.9M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4456	−0.252%	$33K	$249K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4460	−0.167%	$14.1M	$48.5M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4459	−0.181%	$10.2M	$14.2M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4463	−0.092%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4460	−0.159%	$12.2M	$14.2M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4458	−0.204%	$4.3M	$10.0M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4457	−0.226%	$4.4M	$4.1M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4457	−0.226%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4465	−0.056%	$103K	$175K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4456	−0.240%	$136K	$78K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4459	−0.181%	$60K	$76K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4456	−0.241%	$57K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4462	−0.103%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0182%	1h	0.4455	−0.278%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4459	−0.181%	$1.7M	$720K	75x	as long as short
Coinbase International TIA-PERP-INTXshort	+0.0416%	1h	0.4467	−0.002%	$52K	$104K	50x