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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4397 | 0.0096 | pay 0.0012% / 1h | 42m 42s | $156K | $418K | 10x |
| Short | MEXC TIA_USDT | 0.4390 | 0.0100 | get 0.0050% / 4h | 42m 42s | $11.9M | $6.6M | 300x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 7 min ago | 2.39 bp | 23.4 bp −$23 | 95.7 bp −$957 | 343.9 bp −$34.4K | doesn't fit |
| Sell MEXC live order book, 6 min ago | 1.14 bp | 3.0 bp −$3 | 13.1 bp −$131 | 71.6 bp −$7,158 | 127.2 bp −$63.6K |
TIA on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TIA | −0.0089% | 4h | 0.4386 | −0.260% | $103K | $85K | — | as long as short |
| Bybit TIAUSDT | −0.0082% | 4h | 0.4390 | −0.161% | $9.6M | $13.5M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0073% | 1h | 0.4385 | −0.275% | $49K | $231K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4390 | −0.161% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4392 | −0.116% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0010% | 4h | 0.4388 | −0.207% | $4.2M | $9.1M | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4397 | long leg | $156K | $418K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4389 | −0.184% | $5K | $277K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4394 | −0.064% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4389 | −0.192% | $32K | $245K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4394 | −0.060% | $14.3M | $42.9M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4385 | −0.275% | $2.8M | $6.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4392 | −0.116% | $994K | $1.8M | 75x | as long as short |
| MEXC TIA_USDTshort | +0.0100% | 4h | 0.4390 | −0.161% | $11.9M | $6.6M | 300x | |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4388 | −0.207% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4388 | −0.207% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4390 | −0.161% | $102K | $157K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4383 | −0.321% | $58K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4384 | −0.289% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4388 | −0.207% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0165% | 1h | 0.4394 | −0.062% | $359K | $195K | 50x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4387 | −0.240% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0233% | 1h | 0.4390 | −0.158% | $52K | $199 | 10x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4406 | +0.202% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4393 | −0.093% | $1.6M | $734K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0384% | 1h | 0.4406 | +0.202% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0494% / S −0.1196% | 1h | 0.4391 | −0.139% | $40K | — | 100x | as long as short |
Lighter TIA
MEXC TIA_USDT
Variational Omni TIA
Bybit TIAUSDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]