Funding you earn now, next payment 00:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.037%
Price spread now: KuCoin against Lighter−0.089%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$770.770% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.089%, 7d avg −0.074%
=Together, before fees−0.120%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4372 | 0.0096 | pay 0.0012% / 1h | 21m 32s | $139K | $362K | 10x |
| Short | KuCoin TIAUSDTM | 0.4368 | −0.0030 | pay 0.0015% / 4h | 21m 32s | $4.2M | $8.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.46
- Price spread: −0.089% → −0.074%
- −$1.47
- Slippage, 4 orders
- −$64.99
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$104.92
- Costs to cover
- 0.770%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 48 min ago; KuCoin: live order book, 2 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, 48 min ago | 1.96 bp | 9.0 bp −$9 | 71.3 bp −$713 | 306.6 bp −$30.7K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.29 bp | 35.6 bp −$36 | 103.1 bp −$1,031 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0185% | 4h | 0.4364 | −0.181% | $2.8M | $6.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0163% | 1h | 0.4370 | −0.046% | $359K | $246K | 50x | as long as short |
| KuCoin TIAUSDTMshort | −0.0030% | 4h | 0.4368 | −0.089% | $4.2M | $8.7M | 50x | |
| ApeX Omni TIAUSDT | −0.0004% | 1h | 0.4355 | −0.387% | $49K | $235K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4371 | −0.021% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4371 | −0.012% | $1K | — | 150x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4372 | long leg | $139K | $362K | 10x | |
| Gate TIA_USDT | +0.0096% | 4h | 0.4367 | −0.112% | $981K | $1.8M | 75x | as long as short |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4368 | −0.089% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4373 | +0.030% | $4.3M | $1.5M | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4366 | −0.135% | $34K | $268K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4368 | −0.089% | $14.5M | $42.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4367 | −0.112% | $9.6M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4368 | −0.089% | $13.3M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4368 | −0.089% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4366 | −0.135% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4370 | −0.053% | $101K | $153K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4362 | −0.226% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4368 | −0.089% | $66K | $43K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4363 | −0.199% | $55K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4371 | −0.022% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4365 | −0.152% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0208% | 1h | 0.4389 | +0.391% | $51K | $77K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4360 | −0.272% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4365 | −0.158% | $1.2M | $572K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4371 | −0.026% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0710% | 1h | 0.4371 | −0.014% | $52K | $59 | 10x | as long as short |
Lighter TIA
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Gate TIA_USDT
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]