Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.186%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.186%, 7d avg −0.047%
=Together, before fees+0.181%+ Points / potential airdropLighter: Season 3 · farm board+$18 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: Binance is 0.139% cheaper against Lighter than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4430 | 0.0096 | pay 0.0012% / 1h | 47m 51s | $156K | $417K | 10x |
| Short | Binance TIAUSDT | 0.4422 | 0.0100 | get 0.0050% / 4h | 3h 47m | $14.5M | $43.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.186% → −0.047%
- −$13.94
- Slippage, 4 orders
- −$49.1
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.2
- Costs to cover
- 0.591%
- Break-even
- 608.7 days
Slippage from Lighter: live order book, 62 min ago; Binance: live order book, 9 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 Lighter live order book, 62 min ago | 2.39 bp | 23.4 bp −$23 | 95.7 bp −$957 | 343.9 bp −$34.4K | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.13 bp | 11.2 bp −$11 | 22.8 bp −$228 | 101.3 bp −$10.1K | 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 | 0.4425 | −0.111% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4423 | −0.158% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0093% | 4h | 0.4416 | −0.314% | $2.8M | $6.3M | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4430 | long leg | $156K | $417K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4424 | −0.133% | $5K | $239K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4426 | −0.093% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4423 | −0.156% | $34K | $241K | 10x | as long as short |
| Binance TIAUSDTshort | +0.0100% | 4h | 0.4422 | −0.186% | $14.5M | $43.1M | 75x | |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4418 | −0.269% | $9.9M | $13.4M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4423 | −0.156% | $1.0M | $1.8M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC TIA_USDT | +0.0100% | 4h | 0.4423 | −0.156% | $11.8M | $6.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4421 | −0.201% | $4.3M | $9.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4421 | −0.201% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4419 | −0.246% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4424 | −0.135% | $102K | $169K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4440 | +0.233% | $103K | $66K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4451 | +0.476% | $50K | $230K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4427 | −0.065% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4418 | −0.273% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4423 | −0.167% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4421 | −0.193% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4445 | +0.341% | $26K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0327% | 1h | 0.4422 | −0.182% | $361K | $193K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4425 | −0.111% | $1.7M | $736K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4456 | +0.589% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0495% / S −0.1196% | 1h | 0.4422 | −0.184% | $40K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0524% | 1h | 0.4424 | −0.129% | $53K | $139 | 10x | as long as short |
Lighter TIA
Binance TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
Hyperliquid TIA
Aster TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]