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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h +0.007%
Price spread now: Lighter against Variational Omni+0.282%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.282% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TIA0.4302−0.0003get 0.0001% / 4h2h 33m$101K$85K
ShortLighter TIA0.43150.0096get 0.0012% / 1h33m 27s$127K$353K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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
$20.77
Price spread: +0.282% → 0.000%
$28.24
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$49.01
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Lighter: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago4.65 bpdoesn't fit34.9 bp −$349doesn't fitdoesn't fit
Sell Lighter live order book, 50 min ago1.97 bp12.6 bp −$1374.5 bp −$745332.1 bp −$33.2Kdoesn'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
Kraken Futures PF_TIAUSD−0.0390%1h0.4312+0.225%$355K$239K50xas long as short
Bybit TIAUSDT−0.0338%4h0.4306+0.085%$9.3M$13.0M50xas long as short
ApeX Omni TIAUSDT−0.0138%1h0.4305+0.062%$48K$235K50xas long as short
Gate TIA_USDT−0.0064%4h0.4309+0.155%$994K$1.8M75xas long as short
OKX TIA-USDT-SWAP−0.0015%4h0.4305+0.062%$2.7M$5.8M50xas long as short
KuCoin TIAUSDTM−0.0004%4h0.4306+0.085%$4.1M$8.6M50xas long as short
Variational Omni TIAlong−0.0003%4h0.4302long leg$101K$85K
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4310+0.178%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4310+0.172%$1K150xas long as short
Backpack TIA_USDC_PERP+0.0044%1h0.4310+0.182%$102K$150K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter TIAshort+0.0096%1h0.4315+0.282%$127K$353K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4308+0.131%$5K$360K10xas long as short
Hyperliquid TIA+0.0100%1h0.4316+0.320%$4.2M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4311+0.212%$34K$272K10xas long as short
Binance TIAUSDT+0.0100%4h0.4309+0.165%$14.0M$41.1M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4310+0.178%$9.1M$5.6M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4308+0.131%$4.4M$3.5M75xas long as short
BingX TIA-USDT+0.0100%4h0.4308+0.131%$101.0Mas long as short
HTX TIA-USDT+0.0100%4h0.4309+0.155%$73K$15K50xas long as short
Extended TIA-USD+0.0104%1h0.4306+0.085%$58K$169K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4308+0.138%$7K3xas long as short
Reya TIARUSDPERP+0.0178%1h0.4306+0.082%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0200%1h0.4322+0.457%$48K$71K50xas long as short
Injective TIA/USDC PERP+0.0210%1h0.4300−0.055%$26K$10K12xas long as short
BloFin TIA-USDT+0.0340%4h0.4305+0.062%$1.0M$514K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0456% / S −0.3505%1h0.4310+0.174%$35K100xas long as short
dYdX TIA-USD+0.0813%1h0.4312+0.214%$51K$5910xas long as short