Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Bybit against Lighter−0.518%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.381%+$38 · spread now −0.518%, 7d avg −0.102%
=Together, before fees+0.402%+ Points / potential airdropLighter: Season 3 · farm board+$40 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: Bybit is 0.416% cheaper against Lighter than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of −0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4398 | 0.0096 | pay 0.0012% / 1h | 3m 53s | $140K | $360K | 10x |
| Short | Bybit TIAUSDT | 0.4375 | 0.0100 | get 0.0050% / 4h | 3h 03m | $9.6M | $12.9M | 50x |
Lighter TIA
Bybit TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.518% → −0.102%
- −$41.62
- Slippage, 4 orders
- −$51.32
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$103.11
- Costs to cover
- 0.623%
- Break-even
- 866.2 days
Slippage from Lighter: live order book, 61 min ago; Bybit: live order book, 4 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, 61 min ago | 1.94 bp | 21.0 bp −$21 | 72.5 bp −$725 | 305.1 bp −$30.5K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.28 bp | 13.7 bp −$14 | 30.0 bp −$300 | 207.9 bp −$20.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0152% | 1h | 0.4394 | −0.075% | $361K | $225K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0140% | 4h | 0.4375 | −0.518% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0010% | 4h | 0.4386 | −0.268% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4394 | −0.086% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4398 | +0.005% | $1K | — | 150x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4398 | long leg | $140K | $360K | 10x | |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4395 | −0.064% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4394 | −0.096% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4388 | −0.227% | $34K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4381 | −0.384% | $14.6M | $41.3M | 75x | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDTshort | +0.0100% | 4h | 0.4375 | −0.518% | $9.6M | $12.9M | 50x | |
| Gate TIA_USDT | +0.0100% | 4h | 0.4387 | −0.246% | $986K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4383 | −0.337% | $13.0M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4384 | −0.314% | $4.5M | $3.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4379 | −0.427% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4389 | −0.193% | $102K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | −0.275% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4412 | +0.323% | $50K | $233K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4402 | +0.096% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4381 | −0.392% | $54K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4393 | −0.108% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4409 | +0.255% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4393 | −0.108% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0256% | 1h | 0.4422 | +0.550% | $52K | $76K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4391 | −0.155% | $1.3M | $602K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0462% / S −0.3505% | 1h | 0.4397 | −0.014% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0827% | 1h | 0.4399 | +0.030% | $52K | $199 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
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