Funding you earn now, next payment 03:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Lighter−0.269%7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.793%+$79 · spread now −0.269%, 7d avg −0.079%
=Together, before fees+0.787%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.190% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4415 | 0.0096 | pay 0.0012% / 1h | 40m 58s | $156K | $413K | 10x |
| Short | Variational Omni TIA | 0.4404 | 0.0067 | get 0.0033% / 4h | 1h 40m | $103K | $84K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$6.18
- Price spread: −0.269% → −0.079%
- −$18.95
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$25.13
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 14 min ago; Variational Omni: RFQ quote, 33 min ago. 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, 14 min ago | 2.72 bp | 15.2 bp −$15 | 59.4 bp −$594 | 318.8 bp −$31.9K | doesn't fit |
| Sell Variational Omni RFQ quote, 33 min ago | 4.55 bp | doesn't fit | 25.0 bp −$250 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni TIAUSDT | −0.0025% | 1h | 0.4421 | +0.125% | $50K | $232K | 50x | as long as short |
| Bybit TIAUSDT | −0.0008% | 4h | 0.4414 | −0.034% | $9.5M | $13.3M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4409 | −0.147% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4411 | −0.102% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0014% | 4h | 0.4406 | −0.215% | $4.2M | $9.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0034% | 4h | 0.4417 | +0.034% | $2.8M | $6.1M | 50x | as long as short |
| Variational Omni TIAshort | +0.0067% | 4h | 0.4404 | −0.269% | $103K | $84K | — | |
| Kraken Futures PF_TIAUSD | +0.0075% | 1h | 0.4410 | −0.132% | $360K | $206K | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4415 | long leg | $156K | $413K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4408 | −0.170% | $5K | $317K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4422 | +0.143% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4411 | −0.104% | $32K | $246K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4420 | +0.094% | $14.5M | $42.6M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4415 | −0.011% | $993K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4412 | −0.079% | $12.3M | $6.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4417 | +0.034% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4416 | +0.011% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4413 | −0.059% | $103K | $153K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4410 | −0.125% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4404 | −0.259% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4408 | −0.168% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4408 | −0.180% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0231% | 1h | 0.4408 | −0.165% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4406 | −0.215% | $1.4M | $707K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4430 | +0.328% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0494% / S −0.1196% | 1h | 0.4411 | −0.102% | $40K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4414 | −0.034% | $26K | $10K | 12x | as long as short |
Lighter TIA
Variational Omni TIA
ApeX Omni TIAUSDT
Bybit TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP