Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.133%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.133%, 7d avg +0.085%
=Together, before fees−0.054%+ Points / potential airdropLighter: Season 3 · farm board−$5 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 BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TIA-USDT | 0.4371 | 0.0100 | pay 0.0050% / 4h | 2h 49m | — | $103.1M | — |
| Short | Lighter TIA | 0.4377 | 0.0096 | get 0.0012% / 1h | 49m 19s | $155K | $422K | 10x |
BingX TIA-USDT
Lighter TIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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: +0.133% → +0.085%
- $4.77
- Slippage, 4 orders
- −$40.26
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.33
- Costs to cover
- 0.503%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Lighter: live order book, 55 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 BingX live order book, 10 min ago | 1.15 bp | 9.2 bp −$9 | 18.5 bp −$185 | 74.4 bp −$7,440 | 410.7 bp −$205.3K |
| Sell Lighter live order book, 55 min ago | 2.37 bp | 16.8 bp −$17 | 88.6 bp −$886 | 322.5 bp −$32.3K | 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 | 0.4371 | 0.000% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4371 | −0.002% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0093% | 1h | 0.4371 | 0.000% | $50K | $228K | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4377 | +0.133% | $155K | $422K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4371 | 0.000% | $5K | $265K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4376 | +0.110% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4371 | +0.003% | $33K | $244K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4370 | −0.030% | $13.8M | $44.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4369 | −0.046% | $9.8M | $13.8M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4365 | −0.137% | $2.8M | $6.3M | 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
Binance 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 | 0.4372 | +0.023% | $985K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4371 | 0.000% | $10.7M | $6.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4369 | −0.046% | $4.2M | $9.4M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4369 | −0.046% | $4.5M | $3.7M | 75x | as long as short |
| BingX TIA-USDTlong | +0.0100% | 4h | 0.4371 | long leg | — | $103.1M | — | |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4371 | +0.005% | $102K | $173K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4372 | +0.017% | $102K | $51K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4374 | +0.069% | $58K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4365 | −0.130% | $55K | $212K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4369 | −0.051% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4369 | −0.043% | $6K | — | 15x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0192% | 1h | 0.4368 | −0.070% | $346K | $206K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0237% | 1h | 0.4376 | +0.114% | $25K | $11K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4373 | +0.046% | $1.7M | $705K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0360% / S −0.0613% | 1h | 0.4372 | +0.014% | $24K | — | 100x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4378 | +0.160% | $47K | $84K | 50x | as long as short |
| dYdX TIA-USD | +0.0409% | 1h | 0.4370 | −0.018% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
Coinbase International TIA-PERP-INTX
dYdX TIA-USD