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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.073%
Price spread now: Lighter against BloFin+0.050%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$590.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.309%−$31 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.050%, 7d avg +0.042%
Together, before fees−0.459%+ Points / potential airdropLighter: Season 3 · farm board−$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TIA-USDT0.43800.0340pay 0.0170% / 4h56m 32s$1.7M$707K75x
ShortLighter TIA0.43820.0096get 0.0012% / 1h56m 32s$151K$422K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
−$51.24
Price spread: +0.050% → +0.042%
$0.83
Slippage, 4 orders
−$47.32
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$109.74
Costs to cover
0.593%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; Lighter: live order book, 38 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 BloFin live order book, 1 min ago3.43 bp14.8 bp −$1524.5 bp −$24570.1 bp −$7,010doesn't fit
Sell Lighter live order book, 38 min ago8.16 bp12.1 bp −$1266.1 bp −$661300.4 bp −$30.0Kdoesn'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
Deribit TIA_USDC-PERPETUAL−0.0206%1h0.43800.000%$30K$25K25xas long as short
Backpack TIA_USDC_PERP−0.0125%1h0.4380+0.009%$102K$170K10xas long as short
Kraken Futures PF_TIAUSD−0.0007%1h0.4383+0.061%$347K$202K50xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4381+0.018%$1K150xas long as short
Injective TIA/USDC PERP+0.0014%1h0.4387+0.160%$24K$12K12xas long as short
dYdX TIA-USD+0.0022%1h0.4382+0.050%$52K$13910xas long as short
OKX TIA-USDT-SWAP+0.0024%4h0.4370−0.228%$2.8M$6.5M50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0042% / S +0.0055%1h0.4381+0.026%$6K100xas long as short
Lighter TIAshort+0.0096%1h0.4382+0.050%$151K$422K10x
Orderly PERP_TIA_USDC+0.0100%4h0.43800.000%$7K$242K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid TIA+0.0100%1h0.4380+0.007%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4379−0.020%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4374−0.134%$13.8M$47.7M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4373−0.160%$9.9M$13.9M50xas long as short
Gate TIA_USDT+0.0100%4h0.4377−0.068%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4376−0.091%$12.7M$14.0M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4374−0.137%$4.2M$9.9M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4372−0.183%$4.3M$3.9M75xas long as short
BingX TIA-USDT+0.0100%4h0.4375−0.114%$103.9Mas long as short
Variational Omni TIA+0.0100%4h0.4384+0.097%$102K$50Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4387+0.160%$50K$225K50xas long as short
HTX TIA-USDT+0.0100%4h0.4383+0.068%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4372−0.188%$56K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4379−0.019%$7K3xas long as short
Reya TIARUSDPERP+0.0181%1h0.4370−0.232%$6K15xas long as short
BloFin TIA-USDTlong+0.0340%4h0.4380long leg$1.7M$707K75x
Coinbase International TIA-PERP-INTX+0.0432%1h0.4413+0.753%$48K$87K50xas long as short