TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0114%/8h= +12.4% APRnext payment +$0.14 per $10,000 · paid last 24h −0.042%

Price spread now: Injective against Lighter−0.384%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 Injective

What this pair did over the last

the charts below follow

Funding, last 4 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. Injective is 0.384% cheaper against Lighter than usual: you would sell low and buy high (spread −0.384% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 11 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TIA	0.4328	0.0096	pay 0.0012% / 1h	28m 34s	$128K	$353K	10x
Short	Injective TIA/USDC PERP	0.4311	0.0210	get 0.0026% / 1h	28m 34s	$26K	$10K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.384%Rate

Funding earned: $23.86
Price spread: −0.384% → 0.000%: −$38.36
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$14.52
Costs to cover: 0.000%
Break-even: 11.3 days

Slippage unknown: Lighter: live order book, 54 min ago; Injective: 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, 54 min ago	1.97 bp	10.6 bp −$11	68.7 bp −$687	301.9 bp −$30.2K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Kraken Futures PF_TIAUSD	−0.0389%	1h	0.4322	−0.131%	$355K	$239K	50x	as long as short
Bybit TIAUSDT	−0.0247%	4h	0.4320	−0.176%	$9.4M	$13.0M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	−0.0212%	1h	0.4324	−0.083%	$30K	$27K	25x	as long as short
ApeX Omni TIAUSDT	−0.0062%	1h	0.4316	−0.268%	$49K	$236K	50x	as long as short
Gate TIA_USDT	−0.0042%	4h	0.4323	−0.106%	$998K	$1.8M	75x	as long as short
OKX TIA-USDT-SWAP	−0.0015%	4h	0.4319	−0.199%	$2.7M	$5.8M	50x	as long as short
KuCoin TIAUSDTM	−0.0006%	4h	0.4322	−0.129%	$4.2M	$8.6M	50x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4325	−0.060%	$1K	—	150x	as long as short
Variational Omni TIA	+0.0028%	4h	0.4314	−0.307%	$101K	$85K	—	as long as short
Lighter TIAlong	+0.0096%	1h	0.4328	long leg	$128K	$353K	10x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4323	−0.106%	$5K	$360K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4329	+0.042%	$4.2M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4322	−0.119%	$34K	$272K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4324	−0.083%	$14.1M	$41.1M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4323	−0.106%	$9.0M	$5.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4323	−0.106%	$4.5M	$3.5M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4321	−0.153%	—	$101.0M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4324	−0.081%	$103K	$150K	10x	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4323	−0.106%	$73K	$15K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4321	−0.152%	$58K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4323	−0.111%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0178%	1h	0.4320	−0.179%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0200%	1h	0.4327	−0.014%	$48K	$71K	50x	as long as short
Injective TIA/USDC PERPshort	+0.0210%	1h	0.4311	−0.384%	$26K	$10K	12x
BloFin TIA-USDT	+0.0340%	4h	0.4323	−0.106%	$1.0M	$516K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0457% / S −0.3505%	1h	0.4325	−0.067%	$35K	—	100x	as long as short
dYdX TIA-USD	+0.0792%	1h	0.4324	−0.083%	$51K	$59	10x	as long as short