TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1100%/8h= +120.4% APRnext payment +$1.37 per $10,000 · paid last 24h +0.518%

Price spread now: GMX against Lighter−0.255%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on GMX

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

Funding pays, the price is against you. GMX is 0.255% cheaper against Lighter than usual: you would sell low and buy high (spread −0.255% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 19 hours of funding at the current rate (+$33 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TIA	0.4445	0.0096	pay 0.0012% / 1h	54m 29s	$157K	$417K	10x
Short	GMX TIA/USD [ETH-USDC]	0.4434	L +0.0495% / S −0.1196%	get 0.0149% / 1h	54m 29s	$41K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.255%Rate

Funding earned: $230.99
Price spread: −0.255% → 0.000%: −$25.47
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $193.53
Costs to cover: 0.120%
Break-even: 1.1 days

Slippage unknown: Lighter: live order book, 55 min ago; GMX: no order-book sample. 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 Lighter live order book, 55 min ago	2.39 bp	23.4 bp −$23	95.7 bp −$957	343.9 bp −$34.4K	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4435	−0.232%	$1K	—	150x	as long as short
Lighter TIAlong	+0.0096%	1h	0.4445	long leg	$157K	$417K	10x
Orderly PERP_TIA_USDC	+0.0100%	4h	0.4434	−0.252%	$5K	$242K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4431	−0.308%	$4.8M	$1.4M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4433	−0.267%	$34K	$244K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4431	−0.312%	$14.5M	$43.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4426	−0.432%	$9.8M	$13.4M	50x	as long as short
OKX TIA-USDT-SWAP	+0.0100%	4h	0.4423	−0.499%	$2.8M	$6.3M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4440	−0.117%	$1.0M	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4426	−0.432%	$11.9M	$6.4M	300x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TIAUSDTM	+0.0100%	4h	0.4430	−0.342%	$4.3M	$9.2M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4425	−0.454%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4435	−0.229%	—	$101.7M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4442	−0.072%	$106K	$168K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4415	−0.686%	$103K	$66K	—	as long as short
ApeX Omni TIAUSDT	+0.0100%	1h	0.4419	−0.589%	$50K	$230K	50x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4419	−0.589%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4433	−0.269%	$56K	$211K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4436	−0.200%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4422	−0.514%	$6K	—	15x	as long as short
Deribit TIA_USDC-PERPETUAL	+0.0201%	1h	0.4438	−0.162%	$31K	$25K	25x	as long as short
Injective TIA/USDC PERP	+0.0271%	1h	0.4433	−0.274%	$26K	$11K	12x	as long as short
Kraken Futures PF_TIAUSD	+0.0326%	1h	0.4436	−0.198%	$362K	$193K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4413	−0.724%	$1.6M	$736K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0400%	1h	0.4449	+0.085%	$52K	$77K	50x	as long as short
GMX TIA/USD [ETH-USDC]short	L +0.0495% / S −0.1196%	1h	0.4434	−0.255%	$41K	—	100x
dYdX TIA-USD	+0.0643%	1h	0.4438	−0.157%	$53K	$139	10x	as long as short