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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC TIA_USDT | 0.4399 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $11.9M | $6.6M | 300x |
| Short | Lighter TIA | 0.4403 | 0.0096 | get 0.0012% / 1h | 1m 09s | $155K | $417K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 2 min ago | 1.14 bp | 5.0 bp −$5 | 12.0 bp −$120 | 62.3 bp −$6,228 | 111.1 bp −$55.5K |
| Sell Lighter live order book, 54 min ago | 2.72 bp | 19.6 bp −$20 | 75.4 bp −$754 | 320.9 bp −$32.1K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.0138% | 4h | 0.4401 | +0.045% | $9.7M | $13.5M | 50x | as long as short |
| Variational Omni TIA | −0.0076% | 4h | 0.4393 | −0.145% | $103K | $85K | — | as long as short |
| KuCoin TIAUSDTM | −0.0032% | 4h | 0.4395 | −0.091% | $4.2M | $9.0M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4399 | 0.000% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4397 | −0.048% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0039% | 1h | 0.4389 | −0.227% | $49K | $231K | 50x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0075% | 1h | 0.4396 | −0.069% | $359K | $198K | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4403 | +0.098% | $155K | $417K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4405 | +0.130% | $4.7M | $1.6M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4399 | −0.005% | $32K | $245K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4402 | +0.057% | $14.4M | $42.9M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4394 | −0.114% | $2.8M | $6.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4399 | 0.000% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDTlong | +0.0100% | 4h | 0.4399 | long leg | $11.9M | $6.6M | 300x | |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4398 | −0.023% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4398 | −0.023% | — | $99.1M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4399 | +0.007% | $102K | $153K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4396 | −0.068% | $5K | $286K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4397 | −0.045% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4393 | −0.135% | $55K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4397 | −0.034% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4393 | −0.147% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0195% | 1h | 0.4398 | −0.020% | $52K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4398 | −0.023% | $1.6M | $720K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4418 | +0.432% | $52K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0493% / S −0.1196% | 1h | 0.4398 | −0.032% | $40K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4415 | +0.364% | $26K | $10K | 12x | as long as short |
MEXC TIA_USDT
Lighter TIA
Bybit TIAUSDT
Variational Omni TIA
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Kraken Futures PF_TIAUSD
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP