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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.43720.0096pay 0.0012% / 1h21m 32s$139K$362K10x
ShortKuCoin TIAUSDTM0.4368−0.0030pay 0.0015% / 4h21m 32s$4.2M$8.7M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 48 min ago1.96 bp9.0 bp −$971.3 bp −$713306.6 bp −$30.7Kdoesn't fit
Sell KuCoin live order book, 2 min ago2.29 bp35.6 bp −$36103.1 bp −$1,031doesn'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
OKX TIA-USDT-SWAP−0.0185%4h0.4364−0.181%$2.8M$6.0M50xas long as short
Kraken Futures PF_TIAUSD−0.0163%1h0.4370−0.046%$359K$246K50xas long as short
KuCoin TIAUSDTMshort−0.0030%4h0.4368−0.089%$4.2M$8.7M50x
ApeX Omni TIAUSDT−0.0004%1h0.4355−0.387%$49K$235K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4371−0.021%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4371−0.012%$1K150xas long as short
Lighter TIAlong+0.0096%1h0.4372long leg$139K$362K10x
Gate TIA_USDT+0.0096%4h0.4367−0.112%$981K$1.8M75xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4368−0.089%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4373+0.030%$4.3M$1.5M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TIAUSDT+0.0100%4h0.4366−0.135%$34K$268K10xas long as short
Binance TIAUSDT+0.0100%4h0.4368−0.089%$14.5M$42.4M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4367−0.112%$9.6M$13.2M50xas long as short
MEXC TIA_USDT+0.0100%4h0.4368−0.089%$13.3M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4368−0.089%$4.5M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4366−0.135%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4370−0.053%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4362−0.226%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4368−0.089%$66K$43K50xas long as short
Extended TIA-USD+0.0104%1h0.4363−0.199%$55K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4371−0.022%$7K3xas long as short
Reya TIARUSDPERP+0.0179%1h0.4365−0.152%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0208%1h0.4389+0.391%$51K$77K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4360−0.272%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4365−0.158%$1.2M$572K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4371−0.026%$36K100xas long as short
dYdX TIA-USD+0.0710%1h0.4371−0.014%$52K$5910xas long as short