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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TIAUSDT | 0.4355 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $13.9M | $52.3M | 75x |
| Short | Lighter TIA | 0.4361 | 0.0096 | get 0.0012% / 1h | 7m 16s | $156K | $483K | 10x |
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 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: +0.137% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 13 min ago | 1.15 bp | 8.6 bp −$9 | 19.0 bp −$190 | 114.0 bp −$11.4K | doesn't fit |
| Sell Lighter live order book, 31 min ago | 10.62 bp | 10.6 bp −$11 | 73.0 bp −$730 | 309.0 bp −$30.9K | doesn't fit |
TIA on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX TIA/USD [ETH-USDC] | L −0.6754% / S +0.0274% | 1h | 0.4344 | −0.236% | $5K | — | 100x | as long as short |
| Injective TIA/USDC PERP | −0.0275% | 1h | 0.4374 | +0.444% | $83K | $165K | 12x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4355 | +0.008% | $32K | $20K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4351 | −0.092% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0072% | 4h | 0.4352 | −0.061% | $9.6M | $15.0M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0083% | 1h | 0.4353 | −0.047% | $352K | $253K | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4361 | +0.137% | $156K | $483K | 10x | |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4353 | −0.038% | $6K | $173K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4363 | +0.185% | $4.6M | $1.7M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4354 | −0.013% | $24K | $276K | 10x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDTlong | +0.0100% | 4h | 0.4355 | long leg | $13.9M | $52.3M | 75x | |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4348 | −0.153% | $2.7M | $6.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4356 | +0.031% | $983K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4356 | +0.031% | $10.4M | $18.6M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4353 | −0.038% | $4.1M | $10.7M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4350 | −0.107% | $4.3M | $4.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4354 | −0.015% | — | $14.6M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4355 | +0.008% | $101K | $184K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4338 | −0.372% | $101K | $96K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4346 | −0.199% | $50K | $221K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4354 | −0.015% | $58K | $79K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4348 | −0.150% | $55K | $209K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4354 | −0.025% | $7K | — | 3x | as long as short |
| dYdX TIA-USD | +0.0132% | 1h | 0.4351 | −0.088% | $52K | $139 | 10x | as long as short |
| Reya TIARUSDPERP | +0.0183% | 1h | 0.4349 | −0.120% | $6K | — | 15x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4351 | −0.084% | $1.4M | $824K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4357 | +0.054% | $52K | $108K | 50x | as long as short |
Binance TIAUSDT
Lighter TIA
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Kraken Futures PF_TIAUSD
Hyperliquid TIA
Aster TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX