Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget+0.175%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.175%, 7d avg +0.134%
=Together, before fees+0.003%+ Points / potential airdropLighter: Season 3 · farm board$0 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 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TIAUSDT | 0.4335 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $4.5M | $3.5M | 75x |
| Short | Lighter TIA | 0.4343 | 0.0096 | get 0.0012% / 1h | 16m 13s | $128K | $351K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: +0.175% → +0.134%
- $4.11
- Slippage, 4 orders
- −$43.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$52.39
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Lighter: live order book, 58 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 Bitget live order book, 2 min ago | 1.15 bp | 16.8 bp −$17 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 58 min ago | 1.85 bp | 9.5 bp −$9 | 73.6 bp −$736 | 306.4 bp −$30.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0228% | 1h | 0.4339 | +0.099% | $355K | $242K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0122% | 4h | 0.4333 | −0.046% | $2.7M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0038% | 4h | 0.4335 | 0.000% | $4.2M | $8.6M | 50x | as long as short |
| Gate TIA_USDT | −0.0022% | 4h | 0.4336 | +0.023% | $996K | $1.8M | 75x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4340 | +0.115% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4341 | +0.138% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0008% | 1h | 0.4337 | +0.046% | $49K | $236K | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4343 | +0.175% | $128K | $351K | 10x | |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4339 | +0.092% | $5K | $362K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4344 | +0.196% | $4.2M | $1.5M | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4337 | +0.035% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4338 | +0.076% | $14.5M | $42.1M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4336 | +0.023% | $9.5M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4339 | +0.092% | $14.1M | $6.8M | 300x | as long as short |
| Bitget TIAUSDTlong | +0.0100% | 4h | 0.4335 | long leg | $4.5M | $3.5M | 75x | |
| BingX TIA-USDC | +0.0100% | 4h | 0.4336 | +0.023% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4339 | +0.092% | $100K | $150K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4337 | +0.057% | $101K | $84K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4339 | +0.092% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4335 | −0.003% | $57K | $168K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4338 | +0.079% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4333 | −0.046% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4335 | 0.000% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4344 | +0.208% | $47K | $74K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4328 | −0.161% | $1.1M | $556K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4341 | +0.137% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0702% | 1h | 0.4338 | +0.079% | $52K | $59 | 10x | as long as short |
Bitget TIAUSDT
Lighter TIA
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Gate TIA_USDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]