Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Lighter−0.152%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.152% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4427 | 0.0096 | pay 0.0012% / 1h | 43m 21s | $156K | $417K | 10x |
| Short | gTrade (Gains Network) TIA/USD | 0.4420 | L +0.0002% / S 0.0000% | get 0.0000% / 1h | 43m 21s | $1K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.09
- Price spread: −0.152% → 0.000%
- −$15.25
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$45.34
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 1 min ago; gTrade (Gains Network): 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 1 min ago | 2.37 bp | 15.4 bp −$15 | 73.8 bp −$738 | 309.9 bp −$31.0K | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4422 | −0.104% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USDshort | L +0.0002% / S 0.0000% | 1h | 0.4420 | −0.152% | $1K | — | 150x | |
| ApeX Omni TIAUSDT | +0.0033% | 1h | 0.4418 | −0.194% | $50K | $230K | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4427 | long leg | $156K | $417K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4420 | −0.149% | $5K | $238K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4427 | +0.005% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4421 | −0.120% | $34K | $241K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4420 | −0.138% | $14.5M | $43.0M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4417 | −0.217% | $9.9M | $13.4M | 50x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4417 | −0.217% | $2.8M | $6.3M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4423 | −0.081% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4421 | −0.127% | $11.8M | $6.4M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4420 | −0.149% | $4.3M | $9.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4420 | −0.149% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4419 | −0.172% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4423 | −0.086% | $102K | $169K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4418 | −0.189% | $103K | $66K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4424 | −0.059% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4416 | −0.244% | $56K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4419 | −0.172% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4419 | −0.170% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4420 | −0.149% | $26K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0327% | 1h | 0.4422 | −0.104% | $361K | $193K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4416 | −0.239% | $1.7M | $734K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4456 | +0.664% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0495% / S −0.1196% | 1h | 0.4420 | −0.143% | $40K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0503% | 1h | 0.4421 | −0.122% | $53K | $139 | 10x | as long as short |
Lighter TIA
gTrade (Gains Network) TIA/USD
Deribit TIA_USDC-PERPETUAL
ApeX Omni TIAUSDT
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
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]