Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.096%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now −0.096%, 7d avg −0.134%
=Together, before fees−0.084%+ Points / potential airdropLighter: Season 3 · farm board−$8 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: Bitget is 0.039% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4387 | 0.0096 | pay 0.0012% / 1h | 27m 41s | $140K | $359K | 10x |
| Short | Bitget TIAUSDT | 0.4383 | 0.0100 | get 0.0050% / 4h | 3h 27m | $4.5M | $3.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.096% → −0.134%
- $3.86
- Slippage, 4 orders
- −$59.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.68
- Costs to cover
- 0.714%
- Break-even
- 562.7 days
Slippage from Lighter: live order book, 37 min ago; Bitget: live order book, 5 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, 37 min ago | 1.94 bp | 21.0 bp −$21 | 72.5 bp −$725 | 305.1 bp −$30.5K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.29 bp | 17.6 bp −$18 | 42.0 bp −$420 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.0165% | 4h | 0.4379 | −0.187% | $2.8M | $5.9M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | −0.0153% | 1h | 0.4384 | −0.084% | $360K | $226K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0028% | 4h | 0.4378 | −0.210% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4384 | −0.073% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4382 | −0.115% | $1K | — | 150x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4387 | long leg | $140K | $359K | 10x | |
| ApeX Omni TIAUSDT | +0.0098% | 1h | 0.4376 | −0.255% | $49K | $235K | 50x | as long as short |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4382 | −0.119% | $5K | $362K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4387 | −0.005% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4384 | −0.073% | $34K | $249K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4381 | −0.135% | $14.6M | $41.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4379 | −0.187% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4382 | −0.119% | $986K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4381 | −0.141% | $13.2M | $6.7M | 300x | as long as short |
| Bitget TIAUSDTshort | +0.0100% | 4h | 0.4383 | −0.096% | $4.5M | $3.2M | 75x | |
| BingX TIA-USDT | +0.0100% | 4h | 0.4381 | −0.141% | — | $98.9M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4382 | −0.121% | $101K | $153K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4378 | −0.214% | $102K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4381 | −0.141% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4379 | −0.180% | $54K | $173K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4383 | −0.096% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4383 | −0.096% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4379 | −0.178% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4389 | +0.041% | $51K | $75K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4377 | −0.232% | $1.2M | $578K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0460% / S −0.3505% | 1h | 0.4382 | −0.121% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.1014% | 1h | 0.4382 | −0.119% | $52K | $59 | 10x | as long as short |
Lighter TIA
Bitget TIAUSDT
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]