Funding you earn now, next payment 07:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Orderly against Lighter−0.157%7-day average −0.060% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.157%, 7d avg −0.060%
=Together, before fees+0.311%+ Points / potential airdropLighter: Season 3 · farm board+$31 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: Orderly is 0.097% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4392 | 0.0096 | pay 0.0012% / 1h | 17m 20s | $151K | $426K | 10x |
| Short | Orderly PERP_TIA_USDC | 0.4385 | 0.0099 | get 0.0050% / 4h | 1h 17m | $7K | $251K | 10x |
Lighter TIA
Orderly PERP_TIA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0.69
- Price spread: −0.157% → −0.060%
- −$9.68
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$14.99
- Costs to cover
- 0.060%
- Break-even
- 159.3 days
Slippage unknown: Lighter: live order book, 17 min ago; Orderly: 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, 17 min ago | 8.16 bp | 20.8 bp −$21 | 97.8 bp −$978 | 342.9 bp −$34.3K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.4385 | −0.157% | $30K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4388 | −0.089% | $1K | — | 150x | as long as short |
| OKX TIA-USDT-SWAP | +0.0062% | 4h | 0.4380 | −0.271% | $2.8M | $6.5M | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0079% / S +0.0054% | 1h | 0.4386 | −0.127% | $6K | — | 100x | as long as short |
| ApeX Omni TIAUSDT | +0.0084% | 1h | 0.4381 | −0.248% | $50K | $225K | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4392 | long leg | $151K | $426K | 10x | |
| Orderly PERP_TIA_USDCshort | +0.0099% | 4h | 0.4385 | −0.157% | $7K | $251K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4391 | −0.016% | $4.7M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4386 | −0.138% | $33K | $247K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4385 | −0.163% | $13.7M | $47.6M | 75x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
OKX TIA-USDT-SWAP
GMX TIA/USD [ETH-USDC]
ApeX Omni TIAUSDT
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4384 | −0.180% | $9.9M | $13.9M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4385 | −0.157% | $1.0M | $1.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4385 | −0.157% | $12.9M | $14.2M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4382 | −0.225% | $4.2M | $9.8M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4381 | −0.248% | $4.4M | $3.8M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4383 | −0.203% | — | $104.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4388 | −0.087% | $101K | $172K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4379 | −0.300% | $102K | $50K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4388 | −0.089% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4381 | −0.242% | $56K | $210K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4384 | −0.186% | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0145% | 1h | 0.4387 | −0.115% | $348K | $204K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0176% | 1h | 0.4385 | −0.157% | $24K | $11K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4383 | −0.211% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4382 | −0.225% | $1.6M | $707K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0408% | 1h | 0.4397 | +0.116% | $47K | $87K | 50x | as long as short |
| dYdX TIA-USD | +0.0462% | 1h | 0.4387 | −0.112% | $52K | $139 | 10x | as long as short |
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Kraken Futures PF_TIAUSD
Injective TIA/USDC PERP
Reya TIARUSDPERP
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
dYdX TIA-USD