Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance+0.192%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.192%, 7d avg +0.048%
=Together, before fees−0.113%+ Points / potential airdropLighter: Season 3 · farm board−$11 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 0.144% dearer against Binance than usual: you sell high and buy low, +$14 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 | Binance TIAUSDT | 0.4373 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $13.7M | $47.5M | 75x |
| Short | Lighter TIA | 0.4381 | 0.0096 | get 0.0012% / 1h | 6m 53s | $151K | $432K | 10x |
Binance TIAUSDT
Lighter TIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$0.84
- Price spread: +0.192% → +0.048%
- $14.43
- Slippage, 4 orders
- −$48.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$44.69
- Costs to cover
- 0.583%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Lighter: live order book, 33 min ago.
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 Binance live order book, 5 min ago | 1.15 bp | 7.7 bp −$8 | 17.8 bp −$178 | 113.8 bp −$11.4K | doesn't fit |
| Sell Lighter live order book, 33 min ago | 2.20 bp | 13.4 bp −$13 | 78.8 bp −$788 | 327.3 bp −$32.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4378 | +0.114% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4377 | +0.088% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0019% | 1h | 0.4370 | −0.069% | $50K | $227K | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4381 | +0.192% | $151K | $432K | 10x | |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4378 | +0.114% | $7K | $263K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4377 | +0.089% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4376 | +0.080% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDTlong | +0.0100% | 4h | 0.4373 | long leg | $13.7M | $47.5M | 75x | |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4372 | −0.023% | $9.8M | $14.0M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4370 | −0.069% | $2.8M | $6.5M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4376 | +0.069% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4371 | −0.046% | $13.2M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4372 | −0.023% | $4.2M | $9.6M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4372 | −0.023% | $4.4M | $3.9M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4372 | −0.023% | — | $103.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4377 | +0.085% | $101K | $174K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4372 | −0.029% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4376 | +0.069% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4370 | −0.063% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4376 | +0.069% | $7K | — | 3x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0164% / S +0.0052% | 1h | 0.4376 | +0.074% | $6K | — | 100x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4373 | +0.008% | $6K | — | 15x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0192% | 1h | 0.4372 | −0.023% | $346K | $205K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4365 | −0.183% | $25K | $11K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4374 | +0.023% | $1.6M | $705K | 75x | as long as short |
| dYdX TIA-USD | +0.0395% | 1h | 0.4371 | −0.041% | $52K | $139 | 10x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4395 | +0.503% | $47K | $87K | 50x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
GMX TIA/USD [ETH-USDC]
Reya TIARUSDPERP
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT
dYdX TIA-USD
Coinbase International TIA-PERP-INTX