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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Lighter−0.237%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$530.525% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.237%, 7d avg −0.139%
Together, before fees+0.026%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$3 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: Extended is 0.099% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.139%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.44410.0096pay 0.0012% / 1h54m 51s$157K$417K10x
ShortExtended TIA-USD0.44310.0104get 0.0013% / 1h54m 51s$56K$211K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$1.68
Price spread: −0.237% → −0.139%
−$9.85
Slippage, 4 orders
−$47.53
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$60.71
Costs to cover
0.525%
Break-even
259.9 days
Slippage from Lighter: live order book, 55 min ago; Extended: live order book, 62 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, 55 min ago2.39 bp23.4 bp −$2395.7 bp −$957343.9 bp −$34.4Kdoesn't fit
Sell Extended live order book, 62 min ago4.55 bp7.8 bp −$8doesn'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
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4435−0.144%$1K150xas long as short
Lighter TIAlong+0.0096%1h0.4441long leg$157K$417K10x
Orderly PERP_TIA_USDC+0.0100%4h0.4434−0.164%$5K$242K10xas long as short
Hyperliquid TIA+0.0100%1h0.4440−0.027%$4.8M$1.4M5xas long as short
Aster TIAUSDT+0.0100%4h0.4437−0.097%$34K$244K10xas long as short
Binance TIAUSDT+0.0100%4h0.4436−0.119%$14.5M$43.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4434−0.164%$9.8M$13.4M50xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4431−0.232%$2.8M$6.3M50xas long as short
Gate TIA_USDT+0.0100%4h0.4437−0.097%$1.0M$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4435−0.142%$11.9M$6.4M300xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin TIAUSDTM+0.0100%4h0.4435−0.142%$4.3M$9.2M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4436−0.119%$4.5M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4433−0.187%$101.7Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4442+0.016%$106K$168K10xas long as short
Variational Omni TIA+0.0100%4h0.4415−0.598%$103K$66Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4419−0.502%$50K$230K50xas long as short
HTX TIA-USDT+0.0100%4h0.4419−0.502%$59K$73K50xas long as short
Extended TIA-USDshort+0.0104%1h0.4431−0.237%$56K$211K25x
Aevo TIA-PERP+0.0104%1h0.4436−0.112%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4432−0.219%$6K15xas long as short
Deribit TIA_USDC-PERPETUAL+0.0201%1h0.4438−0.074%$31K$25K25xas long as short
Injective TIA/USDC PERP+0.0271%1h0.4433−0.187%$26K$11K12xas long as short
Kraken Futures PF_TIAUSD+0.0326%1h0.4436−0.110%$362K$193K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4413−0.637%$1.6M$736K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4449+0.173%$52K$77K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0495% / S −0.1196%1h0.4434−0.167%$41K100xas long as short
dYdX TIA-USD+0.0740%1h0.4424−0.385%$53K$13910xas long as short