Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.160%
Price spread now: dYdX against Lighter−0.141%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.600%+$60 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. dYdX is 0.141% cheaper against Lighter than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 3.5 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.600% in total) that is about 39 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.43650.0096pay 0.0012% / 1h41m 33s$150K$424K10x
ShortdYdX TIA-USD0.43590.0230get 0.0029% / 1h41m 33s$52K$13910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Lighter. 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

Funding earned
$28.2
Price spread: −0.141% → 0.000%
−$14.07
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$4.13
Costs to cover
0.100%
Break-even
6.0 days
Slippage unknown: Lighter: live order book, 58 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 58 min ago2.20 bp29.3 bp −$2994.1 bp −$941351.8 bp −$35.2Kdoesn't fit
Sell dYdX no order-book sample
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4355−0.238%$30K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4361−0.098%$1K150xas long as short
ApeX Omni TIAUSDT+0.0037%1h0.4359−0.147%$50K$226K50xas long as short
OKX TIA-USDT-SWAP+0.0053%4h0.4357−0.192%$2.7M$6.5M50xas long as short
Lighter TIAlong+0.0096%1h0.4365long leg$150K$424K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4354−0.261%$7K$253K10xas long as short
Hyperliquid TIA+0.0100%1h0.4366+0.016%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4358−0.172%$32K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4360−0.113%$13.6M$47.5M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4359−0.147%$9.8M$14.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDT+0.0100%4h0.4359−0.147%$1.0M$1.9M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4360−0.124%$13.0M$14.2M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4358−0.170%$4.2M$9.7M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4358−0.170%$4.4M$3.9M75xas long as short
BingX TIA-USDT+0.0100%4h0.4358−0.170%$103.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4355−0.229%$101K$173K10xas long as short
Variational Omni TIA+0.0100%4h0.4347−0.427%$101K$51Kas long as short
HTX TIA-USDT+0.0100%4h0.4353−0.284%$58K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4358−0.163%$56K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4354−0.261%$7K3xas long as short
GMX TIA/USD [ETH-USDC]L +0.0121% / S +0.0053%1h0.4356−0.225%$6K100xas long as short
Kraken Futures PF_TIAUSD+0.0146%1h0.4354−0.264%$345K$201K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4362−0.078%$24K$11K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4358−0.172%$6K15xas long as short
dYdX TIA-USDshort+0.0230%1h0.4359−0.141%$52K$13910x
BloFin TIA-USDT+0.0340%4h0.4356−0.215%$1.7M$703K75xas long as short
Coinbase International TIA-PERP-INTX+0.0408%1h0.4395+0.678%$47K$87K50xas long as short