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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.030%
Price spread now: Lighter against ApeX Omni−0.446%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$710.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 3 days (all we have)+0.305%+$31 · spread now −0.446%, 7d avg +0.041%
Together, before fees+0.268%+ Points / potential airdropLighter: Season 3 · farm board+$27 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 0.487% cheaper against ApeX Omni than usual: you would sell low and buy high, −$49 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni TIAUSDT0.43760.0100pay 0.0013% / 1h1m 40s$49K$232K50x
ShortLighter TIA0.43560.0096get 0.0012% / 1h1m 40s$138K$362K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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: −0.446% → +0.041%
−$48.68
Slippage, 4 orders
−$60.69
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$120.21
Costs to cover
0.707%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 5 min ago; Lighter: live order book, 63 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 ApeX Omni live order book, 5 min ago7.97 bp17.5 bp −$17137.3 bp −$1,373doesn't fitdoesn't fit
Sell Lighter live order book, 63 min ago1.94 bp16.2 bp −$1691.4 bp −$914333.2 bp −$33.3Kdoesn'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
Kraken Futures PF_TIAUSD−0.0153%1h0.4361−0.339%$358K$226K50xas long as short
OKX TIA-USDT-SWAP−0.0138%4h0.4349−0.617%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0024%4h0.4349−0.617%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4358−0.411%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4365−0.252%$1K150xas long as short
Bybit TIAUSDT+0.0085%4h0.4350−0.594%$9.5M$13.0M50xas long as short
Lighter TIAshort+0.0096%1h0.4356−0.446%$138K$362K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4359−0.388%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4359−0.400%$4.6M$1.6M5xas long as short
Aster TIAUSDT+0.0100%4h0.4351−0.580%$34K$240K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4354−0.503%$14.5M$41.6M75xas long as short
Gate TIA_USDT+0.0100%4h0.4353−0.526%$978K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4352−0.548%$12.7M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4351−0.571%$4.5M$3.2M75xas long as short
BingX TIA-USDC+0.0100%4h0.4349−0.617%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4356−0.459%$102K$156K10xas long as short
Variational Omni TIA+0.0100%4h0.4386+0.221%$103K$84Kas long as short
ApeX Omni TIAUSDTlong+0.0100%1h0.4376long leg$49K$232K50x
HTX TIA-USDT+0.0100%4h0.4362−0.320%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4349−0.607%$54K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4358−0.423%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4403+0.617%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4362−0.312%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4357−0.434%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4377+0.023%$1.3M$600K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4364−0.275%$36K100xas long as short
dYdX TIA-USD+0.0806%1h0.4353−0.520%$52K$19910xas long as short