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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against MEXC+0.098%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)+0.237%+$24 · spread now +0.098%, 7d avg +0.044%
Together, before fees+0.219%+ Points / potential airdropLighter: Season 3 · farm board+$22 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: Lighter is 0.054% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC TIA_USDT0.43990.0100pay 0.0050% / 4h1h 01m$11.9M$6.6M300x
ShortLighter TIA0.44030.0096get 0.0012% / 1h1m 09s$155K$417K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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: +0.098% → +0.044%
$5.39
Slippage, 4 orders
−$45.43
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$40.88
Costs to cover
0.454%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 54 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 MEXC live order book, 2 min ago1.14 bp5.0 bp −$512.0 bp −$12062.3 bp −$6,228111.1 bp −$55.5K
Sell Lighter live order book, 54 min ago2.72 bp19.6 bp −$2075.4 bp −$754320.9 bp −$32.1Kdoesn'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
Bybit TIAUSDT−0.0138%4h0.4401+0.045%$9.7M$13.5M50xas long as short
Variational Omni TIA−0.0076%4h0.4393−0.145%$103K$85Kas long as short
KuCoin TIAUSDTM−0.0032%4h0.4395−0.091%$4.2M$9.0M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.43990.000%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4397−0.048%$1K150xas long as short
ApeX Omni TIAUSDT+0.0039%1h0.4389−0.227%$49K$231K50xas long as short
Kraken Futures PF_TIAUSD+0.0075%1h0.4396−0.069%$359K$198K50xas long as short
Lighter TIAshort+0.0096%1h0.4403+0.098%$155K$417K10x
Hyperliquid TIA+0.0100%1h0.4405+0.130%$4.7M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4399−0.005%$32K$245K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4402+0.057%$14.4M$42.9M75xas long as short
OKX TIA-USDT-SWAP+0.0100%4h0.4394−0.114%$2.8M$6.2M50xas long as short
Gate TIA_USDT+0.0100%4h0.43990.000%$1.0M$1.8M75xas long as short
MEXC TIA_USDTlong+0.0100%4h0.4399long leg$11.9M$6.6M300x
Bitget TIAUSDT+0.0100%4h0.4398−0.023%$4.5M$3.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4398−0.023%$99.1Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4399+0.007%$102K$153K10xas long as short
Orderly PERP_TIA_USDC+0.0100%4h0.4396−0.068%$5K$286K10xas long as short
HTX TIA-USDT+0.0100%4h0.4397−0.045%$59K$73K50xas long as short
Extended TIA-USD+0.0104%1h0.4393−0.135%$55K$213K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4397−0.034%$7K3xas long as short
Reya TIARUSDPERP+0.0180%1h0.4393−0.147%$6K15xas long as short
dYdX TIA-USD+0.0195%1h0.4398−0.020%$52K$19910xas long as short
BloFin TIA-USDT+0.0340%4h0.4398−0.023%$1.6M$720K75xas long as short
Coinbase International TIA-PERP-INTX+0.0376%1h0.4418+0.432%$52K$76K50xas long as short
GMX TIA/USD [ETH-USDC]L +0.0493% / S −0.1196%1h0.4398−0.032%$40K100xas long as short
Injective TIA/USDC PERP+0.0496%1h0.4415+0.364%$26K$10K12xas long as short