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: Lighter against MEXC+0.093%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as 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)+0.088%+$9 · spread now +0.093%, 7d avg +0.045%
Together, before fees+0.070%+ Points / potential airdropLighter: Season 3 · farm board+$7 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: Lighter is 0.048% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TIA_USDT0.43930.0100pay 0.0050% / 4h42m 27s$11.9M$6.6M300x
ShortLighter TIA0.43970.0096get 0.0012% / 1h42m 27s$156K$418K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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: +0.093% → +0.045%
$4.83
Slippage, 4 orders
−$45.94
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$41.95
Costs to cover
0.459%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Lighter: live order book, 7 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 MEXC live order book, 6 min ago1.14 bp6.0 bp −$616.8 bp −$16881.6 bp −$8,155126.6 bp −$63.3K
Sell Lighter live order book, 7 min ago2.39 bp13.5 bp −$1372.0 bp −$720324.3 bp −$32.4Kdoesn'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
Variational Omni TIA−0.0089%4h0.4386−0.166%$103K$85Kas long as short
Bybit TIAUSDT−0.0082%4h0.4391−0.046%$9.6M$13.4M50xas long as short
ApeX Omni TIAUSDT−0.0073%1h0.4385−0.182%$49K$231K50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4390−0.068%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4394+0.021%$1K150xas long as short
KuCoin TIAUSDTM+0.0014%4h0.4388−0.114%$4.2M$9.1M50xas long as short
Lighter TIAshort+0.0096%1h0.4397+0.093%$156K$418K10x
Orderly PERP_TIA_USDC+0.0100%4h0.43930.000%$5K$276K10xas long as short
Hyperliquid TIA+0.0100%1h0.4396+0.080%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4392−0.014%$32K$245K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4394+0.023%$14.3M$42.9M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4390−0.068%$2.8M$6.2M50xas long as short
Gate TIA_USDT+0.0100%4h0.4394+0.023%$995K$1.8M75xas long as short
MEXC TIA_USDTlong+0.0100%4h0.4393long leg$11.9M$6.6M300x
Bitget TIAUSDT+0.0100%4h0.4391−0.046%$4.4M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4392−0.023%$99.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4390−0.068%$102K$157K10xas long as short
HTX TIA-USDT+0.0100%4h0.4383−0.228%$58K$74K50xas long as short
Extended TIA-USD+0.0104%1h0.4389−0.088%$55K$211K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4388−0.114%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0165%1h0.4394+0.032%$359K$195K50xas long as short
Reya TIARUSDPERP+0.0180%1h0.4389−0.084%$6K15xas long as short
dYdX TIA-USD+0.0233%1h0.4390−0.065%$52K$19910xas long as short
Injective TIA/USDC PERP+0.0237%1h0.4406+0.296%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.43930.000%$1.6M$734K75xas long as short
Coinbase International TIA-PERP-INTX+0.0384%1h0.4406+0.296%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0494% / S −0.1196%1h0.4391−0.046%$40K100xas long as short