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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.025%
Price spread now: OKX against Lighter+0.062%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$730.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.062%, 7d avg −0.107%
Together, before fees−0.232%+ Points / potential airdropLighter: Season 3 · farm board−$23 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: OKX is 0.168% dearer against Lighter than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.43590.0096pay 0.0012% / 1h12m 37s$150K$430K10x
ShortOKX TIA-USDT-SWAP0.43620.0100get 0.0050% / 4h2h 12m$2.7M$6.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.062% → −0.107%
$16.85
Slippage, 4 orders
−$63.14
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$55.45
Costs to cover
0.731%
Break-even
469.1 days
Slippage from Lighter: live order book, 27 min ago; OKX: live order book, 5 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, 27 min ago2.20 bp29.3 bp −$2994.1 bp −$941351.8 bp −$35.2Kdoesn't fit
Sell OKX live order book, 5 min ago1.15 bp17.8 bp −$1858.2 bp −$582doesn'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
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4358−0.030%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4359+0.003%$1K150xas long as short
ApeX Omni TIAUSDT+0.0063%1h0.4349−0.236%$50K$227K50xas long as short
Lighter TIAlong+0.0096%1h0.4359long leg$150K$430K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4358−0.030%$6K$267K10xas long as short
Hyperliquid TIA+0.0100%1h0.4358−0.030%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4361+0.039%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4363+0.085%$13.6M$45.0M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4363+0.085%$9.8M$13.9M50xas long as short
OKX TIA-USDT-SWAPshort+0.0100%4h0.4362+0.062%$2.7M$6.4M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4354−0.122%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4353−0.145%$12.8M$8.4M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4352−0.167%$4.2M$9.6M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4368+0.200%$4.4M$3.7M75xas long as short
BingX TIA-USDC+0.0100%4h0.4351−0.190%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4359−0.011%$101K$175K10xas long as short
Variational Omni TIA+0.0100%4h0.4346−0.310%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4362+0.062%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4351−0.195%$55K$212K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4356−0.076%$7K3xas long as short
GMX TIA/USD [ETH-USDC]L +0.0174% / S +0.0051%1h0.4359−0.014%$6K100xas long as short
Reya TIARUSDPERP+0.0181%1h0.4367+0.168%$6K15xas long as short
Kraken Futures PF_TIAUSD+0.0192%1h0.4359−0.004%$346K$205K50xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4369+0.223%$25K$11K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4355−0.099%$1.6M$702K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4363+0.085%$47K$84K50xas long as short
dYdX TIA-USD+0.0437%1h0.4356−0.071%$52K$13910xas long as short