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

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance+0.137%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.137%, 7d avg +0.051%
Together, before fees−0.132%+ Points / potential airdropLighter: Season 3 · farm board−$13 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 0.086% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TIAUSDT0.43550.0100pay 0.0050% / 4h1h 07m$13.9M$52.3M75x
ShortLighter TIA0.43610.0096get 0.0012% / 1h7m 16s$156K$483K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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: +0.137% → +0.051%
$8.58
Slippage, 4 orders
−$29.67
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$31.94
Costs to cover
0.397%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; Lighter: live order book, 31 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 Binance live order book, 13 min ago1.15 bp8.6 bp −$919.0 bp −$190114.0 bp −$11.4Kdoesn't fit
Sell Lighter live order book, 31 min ago10.62 bp10.6 bp −$1173.0 bp −$730309.0 bp −$30.9Kdoesn't fit

TIA on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX TIA/USD [ETH-USDC]L −0.6754% / S +0.0274%1h0.4344−0.236%$5K100xas long as short
Injective TIA/USDC PERP−0.0275%1h0.4374+0.444%$83K$165K12xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4355+0.008%$32K$20K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4351−0.092%$1K150xas long as short
Bybit TIAUSDT+0.0072%4h0.4352−0.061%$9.6M$15.0M50xas long as short
Kraken Futures PF_TIAUSD+0.0083%1h0.4353−0.047%$352K$253K50xas long as short
Lighter TIAshort+0.0096%1h0.4361+0.137%$156K$483K10x
Orderly PERP_TIA_USDC+0.0097%4h0.4353−0.038%$6K$173K10xas long as short
Hyperliquid TIA+0.0100%1h0.4363+0.185%$4.6M$1.7M5xas long as short
Aster TIAUSDT+0.0100%4h0.4354−0.013%$24K$276K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDTlong+0.0100%4h0.4355long leg$13.9M$52.3M75x
OKX TIA-USDT-SWAP+0.0100%4h0.4348−0.153%$2.7M$6.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4356+0.031%$983K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4356+0.031%$10.4M$18.6M300xas long as short
KuCoin TIAUSDTM+0.0100%4h0.4353−0.038%$4.1M$10.7M50xas long as short
Bitget TIAUSDT+0.0100%4h0.4350−0.107%$4.3M$4.4M75xas long as short
BingX TIA-USDT+0.0100%4h0.4354−0.015%$14.6Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4355+0.008%$101K$184K10xas long as short
Variational Omni TIA+0.0100%4h0.4338−0.372%$101K$96Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4346−0.199%$50K$221K50xas long as short
HTX TIA-USDT+0.0100%4h0.4354−0.015%$58K$79K50xas long as short
Extended TIA-USD+0.0104%1h0.4348−0.150%$55K$209K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4354−0.025%$7K3xas long as short
dYdX TIA-USD+0.0132%1h0.4351−0.088%$52K$13910xas long as short
Reya TIARUSDPERP+0.0183%1h0.4349−0.120%$6K15xas long as short
BloFin TIA-USDT+0.0340%4h0.4351−0.084%$1.4M$824K75xas long as short
Coinbase International TIA-PERP-INTX+0.0400%1h0.4357+0.054%$52K$108K50xas long as short