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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter−0.161%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.161%, 7d avg −0.045%
Together, before fees−0.002%+ Points / potential airdropLighter: Season 3 · farm board$0 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: MEXC is 0.116% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.43970.0096pay 0.0012% / 1h42m 42s$156K$418K10x
ShortMEXC TIA_USDT0.43900.0100get 0.0050% / 4h42m 42s$11.9M$6.6M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0.84
Price spread: −0.161% → −0.045%
−$11.64
Slippage, 4 orders
−$45.94
Fee Lighter: 0 bp × 2 orders
$0
Fee MEXC: 0 bp × 2 orders
$0
Net
−$56.74
Costs to cover
0.459%
Break-even
479.9 days
Slippage from Lighter: live order book, 7 min ago; MEXC: live order book, 6 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, 7 min ago2.39 bp23.4 bp −$2395.7 bp −$957343.9 bp −$34.4Kdoesn't fit
Sell MEXC live order book, 6 min ago1.14 bp3.0 bp −$313.1 bp −$13171.6 bp −$7,158127.2 bp −$63.6K

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
Variational Omni TIA−0.0089%4h0.4386−0.260%$103K$85Kas long as short
Bybit TIAUSDT−0.0082%4h0.4390−0.161%$9.6M$13.5M50xas long as short
ApeX Omni TIAUSDT−0.0073%1h0.4385−0.275%$49K$231K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4390−0.161%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4392−0.116%$1K150xas long as short
KuCoin TIAUSDTM+0.0010%4h0.4388−0.207%$4.2M$9.1M50xas long as short
Lighter TIAlong+0.0096%1h0.4397long leg$156K$418K10x
Orderly PERP_TIA_USDC+0.0100%4h0.4389−0.184%$5K$277K10xas long as short
Hyperliquid TIA+0.0100%1h0.4394−0.064%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4389−0.192%$32K$245K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4394−0.060%$14.3M$42.9M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4385−0.275%$2.8M$6.2M50xas long as short
Gate TIA_USDT+0.0100%4h0.4392−0.116%$994K$1.8M75xas long as short
MEXC TIA_USDTshort+0.0100%4h0.4390−0.161%$11.9M$6.6M300x
Bitget TIAUSDT+0.0100%4h0.4388−0.207%$4.4M$3.5M75xas long as short
BingX TIA-USDC+0.0100%4h0.4388−0.207%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4390−0.161%$102K$157K10xas long as short
HTX TIA-USDT+0.0100%4h0.4383−0.321%$58K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4384−0.289%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4388−0.207%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0165%1h0.4394−0.062%$359K$195K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4387−0.240%$6K15xas long as short
dYdX TIA-USD+0.0233%1h0.4390−0.158%$52K$19910xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4406+0.202%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4393−0.093%$1.6M$734K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4406+0.202%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4391−0.139%$40K100xas long as short