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% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.130%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$540.538% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.130% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TIA-USDT0.43770.0100pay 0.0050% / 4h3h 29m$98.9M
ShortLighter TIA0.43830.0096get 0.0012% / 1h29m 21s$140K$359K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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: +0.130% → 0.000%
$13.02
Slippage, 4 orders
−$43.78
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$41.59
Costs to cover
0.538%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Lighter: live order book, 35 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 BingX live order book, 10 min ago1.14 bp9.6 bp −$1018.6 bp −$18665.7 bp −$6,571380.3 bp −$190.2K
Sell Lighter live order book, 35 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
OKX TIA-USDT-SWAP−0.0169%4h0.4374−0.069%$2.8M$5.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4380+0.080%$360K$232K50xas long as short
KuCoin TIAUSDTM−0.0034%4h0.4375−0.046%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4379+0.046%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4378+0.026%$1K150xas long as short
Lighter TIAshort+0.0096%1h0.4383+0.130%$140K$359K10x
ApeX Omni TIAUSDT+0.0098%1h0.4376−0.023%$49K$235K50xas long as short
Orderly PERP_TIA_USDC+0.0098%4h0.4378+0.023%$5K$362K10xas long as short
Hyperliquid TIA+0.0100%1h0.4384+0.149%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4380+0.062%$34K$249K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4379+0.035%$14.6M$41.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4375−0.046%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4378+0.023%$982K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4379+0.046%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4378+0.023%$4.5M$3.2M75xas long as short
BingX TIA-USDTlong+0.0100%4h0.4377long leg$98.9M
Backpack TIA_USDC_PERP+0.0100%1h0.4377+0.011%$101K$153K10xas long as short
Variational Omni TIA+0.0100%4h0.4378+0.019%$102K$84Kas long as short
HTX TIA-USDT+0.0100%4h0.4382+0.114%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4376−0.022%$54K$170K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4377−0.007%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4382+0.114%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4376−0.014%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.274%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4380+0.069%$1.2M$578K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4379+0.040%$36K100xas long as short
dYdX TIA-USD+0.0978%1h0.4377+0.007%$52K$5910xas long as short