Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: Orderly against Lighter+0.066%7-day average −0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+0.077%+$8 · spread now +0.066%, 7d avg −0.048%
=Together, before fees+0.119%+ Points / potential airdropLighter: Season 3 · farm board+$12 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: Orderly is 0.114% dearer against Lighter than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4377 | 0.0096 | pay 0.0012% / 1h | 58m 45s | $139K | $359K | 10x |
| Short | Orderly PERP_TIA_USDC | 0.4380 | 0.0098 | get 0.0049% / 4h | 3h 58m | $5K | $364K | 10x |
Lighter TIA
Orderly PERP_TIA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0.38
- Price spread: +0.066% → −0.048%
- $11.42
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $5.81
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.
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, 6 min ago | 1.94 bp | 21.0 bp −$21 | 72.5 bp −$725 | 305.1 bp −$30.5K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0214% | 4h | 0.4374 | −0.071% | $2.8M | $6.1M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0206% | 1h | 0.4380 | +0.066% | $30K | $27K | 25x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4382 | +0.119% | $360K | $246K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0046% | 4h | 0.4375 | −0.048% | $4.2M | $8.8M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4382 | +0.106% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0072% | 1h | 0.4384 | +0.158% | $49K | $234K | 50x | as long as short |
| Backpack TIA_USDC_PERP | +0.0086% | 1h | 0.4378 | +0.030% | $101K | $153K | 10x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4377 | long leg | $139K | $359K | 10x | |
| Orderly PERP_TIA_USDCshort | +0.0098% | 4h | 0.4380 | +0.066% | $5K | $364K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4385 | +0.180% | $4.5M | $1.6M | 5x | as long as short |
OKX TIA-USDT-SWAP
Deribit TIA_USDC-PERPETUAL
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Backpack TIA_USDC_PERP
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4378 | +0.010% | $34K | $268K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4377 | −0.002% | $14.6M | $42.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4374 | −0.071% | $9.6M | $13.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4379 | +0.043% | $983K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4377 | −0.002% | $13.3M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4376 | −0.025% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4376 | −0.025% | — | $99.1M | — | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4383 | +0.133% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4382 | +0.112% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4375 | −0.050% | $56K | $169K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4381 | +0.101% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4381 | +0.089% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4376 | −0.015% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.272% | $51K | $77K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4379 | +0.043% | $1.2M | $578K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4382 | +0.104% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0694% | 1h | 0.4385 | +0.188% | $52K | $59 | 10x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD