TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.031%

Price spread now: Lighter against Injective+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.046% dearer against Injective than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective TIA/USDC PERP	0.4372	0.0117	pay 0.0015% / 1h	50m 57s	$26K	$10K	12x
Short	Lighter TIA	0.4374	0.0096	get 0.0012% / 1h	50m 57s	$139K	$359K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$4.32
Price spread: +0.046% → 0.000%: $4.57
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.23
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 14 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 14 min ago	1.94 bp	16.2 bp −$16	91.4 bp −$914	333.2 bp −$33.3K	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit TIAUSDT	−0.0315%	4h	0.4364	−0.183%	$9.6M	$13.1M	50x	as long as short
OKX TIA-USDT-SWAP	−0.0197%	4h	0.4364	−0.183%	$2.8M	$6.0M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0153%	1h	0.4368	−0.084%	$359K	$247K	50x	as long as short
KuCoin TIAUSDTM	−0.0056%	4h	0.4364	−0.183%	$4.2M	$8.8M	50x	as long as short
ApeX Omni TIAUSDT	−0.0012%	1h	0.4368	−0.091%	$49K	$234K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4370	−0.046%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4371	−0.019%	$1K	—	150x	as long as short
Backpack TIA_USDC_PERP	+0.0016%	1h	0.4368	−0.087%	$103K	$154K	10x	as long as short
Lighter TIAshort	+0.0096%	1h	0.4374	+0.046%	$139K	$359K	10x
Orderly PERP_TIA_USDC	+0.0098%	4h	0.4368	−0.091%	$5K	$364K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4373	+0.016%	$4.5M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4366	−0.148%	$34K	$262K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4366	−0.127%	$14.5M	$41.9M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4368	−0.091%	$980K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4366	−0.137%	$13.2M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4366	−0.137%	$4.5M	$3.4M	75x	as long as short
BingX TIA-USDT	+0.0100%	4h	0.4364	−0.183%	—	$99.1M	—	as long as short
Variational Omni TIA	+0.0100%	4h	0.4365	−0.164%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4365	−0.160%	$58K	$68K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4363	−0.204%	$55K	$169K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4371	−0.014%	$7K	—	3x	as long as short
Injective TIA/USDC PERPlong	+0.0117%	1h	0.4372	long leg	$26K	$10K	12x
Reya TIARUSDPERP	+0.0179%	1h	0.4366	−0.134%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4389	+0.389%	$51K	$77K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4365	−0.160%	$1.2M	$576K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0460% / S −0.3505%	1h	0.4371	−0.014%	$36K	—	100x	as long as short
dYdX TIA-USD	+0.0515%	1h	0.4367	−0.106%	$52K	$59	10x	as long as short