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+0.0004%/8h= +0.4% APRpaid last 24h −0.018%
Price spread now: Gate against Lighter−0.102%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.889% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.102%, 7d avg −0.073%
Together, before fees−0.166%+ Points / potential airdropLighter: Season 3 · farm board−$17 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: Gate is 0.029% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.43910.0096pay 0.0012% / 1h1m 00s$150K$426K10x
ShortGate TIA_USDT0.43870.0100get 0.0050% / 4h1h 01m$1.0M$1.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0.84
Price spread: −0.102% → −0.073%
−$2.91
Slippage, 4 orders
−$73.89
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$90.96
Costs to cover
0.889%
Break-even
765.0 days
Slippage from Lighter: live order book, 34 min ago; Gate: live order book, 2 min ago.

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, 34 min ago8.16 bp20.8 bp −$2197.8 bp −$978342.9 bp −$34.3Kdoesn't fit
Sell Gate live order book, 2 min ago2.28 bp23.1 bp −$2364.3 bp −$643doesn't fitdoesn't fit

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%1h0.4387−0.102%$31K$25K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4387−0.095%$1K150xas long as short
OKX TIA-USDT-SWAP+0.0032%4h0.4382−0.216%$2.8M$6.5M50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0049% / S +0.0055%1h0.4387−0.102%$6K100xas long as short
Lighter TIAlong+0.0096%1h0.4391long leg$150K$426K10x
Orderly PERP_TIA_USDC+0.0100%4h0.4386−0.125%$7K$242K10xas long as short
Hyperliquid TIA+0.0100%1h0.4393+0.025%$4.7M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4384−0.163%$33K$247K10xas long as short
Binance TIAUSDT+0.0100%4h0.4386−0.125%$13.8M$47.7M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4385−0.148%$9.9M$13.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate TIA_USDTshort+0.0100%4h0.4387−0.102%$1.0M$1.9M75x
MEXC TIA_USDT+0.0100%4h0.4387−0.102%$12.8M$14.2M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4384−0.171%$4.2M$9.8M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4385−0.148%$4.4M$3.8M75xas long as short
BingX TIA-USDT+0.0100%4h0.4385−0.148%$104.0Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4388−0.080%$103K$170K10xas long as short
Variational Omni TIA+0.0100%4h0.4399+0.176%$103K$50Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4392+0.011%$50K$225K50xas long as short
HTX TIA-USDT+0.0100%4h0.4389−0.057%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4383−0.187%$56K$210K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4385−0.144%$7K3xas long as short
Kraken Futures PF_TIAUSD+0.0145%1h0.4389−0.054%$348K$202K50xas long as short
Injective TIA/USDC PERP+0.0176%1h0.4399+0.171%$24K$12K12xas long as short
Reya TIARUSDPERP+0.0181%1h0.4383−0.191%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4389−0.057%$1.7M$708K75xas long as short
Coinbase International TIA-PERP-INTX+0.0408%1h0.4413+0.490%$48K$87K50xas long as short
dYdX TIA-USD+0.0446%1h0.4392+0.014%$52K$13910xas long as short