Funding you earn now, next payment 03:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.005%
Price spread now: Lighter against Bybit+0.191%7-day average +0.105% · 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−$51as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.191%, 7d avg +0.105%
=Together, before fees−0.153%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.086% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TIAUSDT | 0.4446 | 0.0007 | pay 0.0003% / 4h | 1h 30m | $9.6M | $13.3M | 50x |
| Short | Lighter TIA | 0.4455 | 0.0096 | get 0.0012% / 1h | 30m 08s | $157K | $415K | 10x |
Bybit TIAUSDT
Lighter TIAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $18.72
- Price spread: +0.191% → +0.105%
- $8.62
- Slippage, 4 orders
- −$48.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$32.49
- Costs to cover
- 0.598%
- Break-even
- 19.1 days
Slippage from Bybit: live order book, 3 min ago; Lighter: live order book, 25 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 Bybit live order book, 3 min ago | 1.13 bp | 12.4 bp −$12 | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 2.72 bp | 19.6 bp −$20 | 75.4 bp −$754 | 320.9 bp −$32.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4448 | +0.045% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4448 | +0.045% | $1K | — | 150x | as long as short |
| Bybit TIAUSDTlong | +0.0007% | 4h | 0.4446 | long leg | $9.6M | $13.3M | 50x | |
| KuCoin TIAUSDTM | +0.0020% | 4h | 0.4445 | −0.022% | $4.3M | $9.0M | 50x | as long as short |
| ApeX Omni TIAUSDT | +0.0061% | 1h | 0.4437 | −0.202% | $50K | $231K | 50x | as long as short |
| Variational Omni TIA | +0.0061% | 4h | 0.4448 | +0.036% | $104K | $85K | — | as long as short |
| OKX TIA-USDT-SWAP | +0.0072% | 4h | 0.4446 | 0.000% | $2.8M | $6.2M | 50x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0074% | 1h | 0.4451 | +0.112% | $364K | $205K | 50x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4455 | +0.191% | $157K | $415K | 10x | |
| Hyperliquid TIA | +0.0100% | 1h | 0.4455 | +0.196% | $4.8M | $1.6M | 5x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
ApeX Omni TIAUSDT
Variational Omni TIA
OKX TIA-USDT-SWAP
Kraken Futures PF_TIAUSD
Hyperliquid TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TIAUSDT | +0.0100% | 4h | 0.4449 | +0.078% | $33K | $246K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4448 | +0.045% | $14.6M | $42.7M | 75x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4451 | +0.112% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4448 | +0.045% | $12.3M | $6.5M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4446 | 0.000% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4446 | 0.000% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4449 | +0.065% | $103K | $154K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4445 | −0.022% | $5K | $316K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4449 | +0.067% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4445 | −0.028% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4447 | +0.022% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4445 | −0.028% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0232% | 1h | 0.4451 | +0.114% | $53K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4450 | +0.090% | $1.5M | $721K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4460 | +0.315% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0496% / S −0.1196% | 1h | 0.4448 | +0.042% | $41K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4441 | −0.112% | $26K | $10K | 12x | as long as short |
Aster TIAUSDT
Binance TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Orderly PERP_TIA_USDC
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
dYdX TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP