Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.184%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now −0.184%, 7d avg −0.073%
=Together, before fees−0.161%+ Points / potential airdropLighter: Season 3 · farm board−$16 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: BingX is 0.110% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4357 | 0.0096 | pay 0.0012% / 1h | 32m 34s | $123K | $351K | 10x |
| Short | BingX TIA-USDC | 0.4349 | 0.0100 | get 0.0050% / 4h | 3h 32m | — | $6.5M | — |
Lighter TIA
BingX TIA-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.184% → −0.073%
- −$11.04
- Slippage, 4 orders
- −$60.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$80.27
- Costs to cover
- 0.701%
- Break-even
- 675.9 days
Slippage from Lighter: live order book, 11 min ago; BingX: live order book, 13 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, 11 min ago | 1.63 bp | 19.8 bp −$20 | 80.3 bp −$803 | 337.4 bp −$33.7K | doesn't fit |
| Sell BingX live order book, 13 min ago | 2.32 bp | 23.3 bp −$23 | 67.7 bp −$677 | 479.9 bp −$48.0K | 770.9 bp −$385.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0391% | 1h | 0.4343 | −0.325% | $363K | $233K | 50x | as long as short |
| Backpack TIA_USDC_PERP | −0.0252% | 1h | 0.4353 | −0.083% | $100K | $157K | 10x | as long as short |
| Gate TIA_USDT | −0.0146% | 4h | 0.4350 | −0.161% | $986K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0073% | 1h | 0.4340 | −0.390% | $49K | $235K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0002% | 4h | 0.4350 | −0.161% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4345 | −0.275% | $36K | $22K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4345 | −0.271% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0057% | 4h | 0.4348 | −0.207% | $2.7M | $5.8M | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4357 | long leg | $123K | $351K | 10x | |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4343 | −0.321% | $5K | $357K | 10x | as long as short |
Kraken Futures PF_TIAUSD
Backpack TIA_USDC_PERP
Gate TIA_USDT
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4357 | −0.009% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4351 | −0.127% | $30K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4350 | −0.161% | $14.2M | $41.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4348 | −0.207% | $9.5M | $12.8M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4352 | −0.115% | $9.3M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4350 | −0.161% | $4.5M | $3.6M | 75x | as long as short |
| BingX TIA-USDCshort | +0.0100% | 4h | 0.4349 | −0.184% | — | $6.5M | — | |
| Variational Omni TIA | +0.0100% | 4h | 0.4339 | −0.423% | $100K | $78K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4349 | −0.184% | $74K | $15K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4346 | −0.243% | $74K | $154K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4343 | −0.333% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0144% | 1h | 0.4346 | −0.252% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4341 | −0.377% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4346 | −0.252% | $49K | $71K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4347 | −0.230% | $965K | $492K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0394% / S −0.2692% | 1h | 0.4345 | −0.280% | $28K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0548% | 1h | 0.4354 | −0.069% | $52K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD