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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%
Price spread now: Lighter against Aster+0.145%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$910.909% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.145%, 7d avg +0.029%
Together, before fees−0.157%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$16 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 0.116% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TIAUSDT0.44090.0100pay 0.0050% / 4h1h 54m$32K$245K10x
ShortLighter TIA0.44150.0096get 0.0012% / 1h54m 17s$156K$412K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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: +0.145% → +0.029%
$11.58
Slippage, 4 orders
−$82.89
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$80.15
Costs to cover
0.909%
Break-even
never at this rate
Slippage from Aster: live order book, 7 min ago; Lighter: live order book, 65 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 Aster live order book, 7 min ago2.27 bp18.8 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 65 min ago2.18 bp14.5 bp −$1479.2 bp −$792321.2 bp −$32.1Kdoesn't fit

TIA on 26 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
ApeX Omni TIAUSDT−0.0520%1h0.4400−0.200%$50K$233K50xas long as short
Backpack TIA_USDC_PERP−0.0019%1h0.4411+0.052%$102K$149K10xas long as short
OKX TIA-USDT-SWAP−0.0005%4h0.4404−0.109%$2.8M$6.1M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4407−0.041%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4406−0.065%$1K150xas long as short
KuCoin TIAUSDTM+0.0008%4h0.4403−0.132%$4.2M$8.9M50xas long as short
dYdX TIA-USD+0.0024%1h0.4409+0.010%$52K$19910xas long as short
Bybit TIAUSDT+0.0074%4h0.4402−0.155%$9.5M$13.3M50xas long as short
Kraken Futures PF_TIAUSD+0.0075%1h0.4411+0.054%$360K$208K50xas long as short
Lighter TIAshort+0.0096%1h0.4415+0.145%$156K$412K10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_TIA_USDC+0.0100%4h0.4406−0.064%$5K$317K10xas long as short
Hyperliquid TIA+0.0100%1h0.4411+0.045%$4.7M$1.6M5xas long as short
Aster TIAUSDTlong+0.0100%4h0.4409long leg$32K$245K10x
Binance TIAUSDT+0.0100%4h0.4405−0.087%$14.5M$42.7M75xas long as short
Gate TIA_USDT+0.0100%4h0.4406−0.064%$991K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4404−0.109%$12.3M$6.5M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4409+0.004%$4.5M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4402−0.155%$99.0Mas long as short
Variational Omni TIA+0.0100%4h0.4427+0.407%$103K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4416+0.163%$59K$75K50xas long as short
Extended TIA-USD+0.0104%1h0.4404−0.111%$42K$198K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4407−0.050%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4401−0.182%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4430+0.480%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0485% / S −0.1152%1h0.4406−0.073%$40K100xas long as short
Injective TIA/USDC PERP+0.0496%1h0.4417+0.186%$26K$10K12xas long as short