Funding you earn now, next payment 00:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.20 per $10,000 · paid last 24h +0.045%
Price spread now: Lighter against Coinbase International−0.536%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.528%+$53 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter is 0.536% cheaper against Coinbase International than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.528%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TIA-PERP-INTX | 0.4422 | 0.0256 | pay 0.0032% / 1h | 5m 11s | $52K | $76K | 50x |
| Short | Lighter TIA | 0.4398 | 0.0096 | get 0.0012% / 1h | 5m 11s | $140K | $360K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$33.6
- Price spread: −0.536% → 0.000%
- −$53.6
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$97.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Lighter: live order book, 59 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 59 min ago | 1.94 bp | 16.2 bp −$16 | 91.4 bp −$914 | 333.2 bp −$33.3K | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0152% | 1h | 0.4396 | −0.582% | $361K | $225K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0140% | 4h | 0.4390 | −0.724% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0016% | 4h | 0.4389 | −0.746% | $4.2M | $8.8M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4393 | −0.656% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4392 | −0.678% | $1K | — | 150x | as long as short |
| Lighter TIAshort | +0.0096% | 1h | 0.4398 | −0.536% | $140K | $360K | 10x | |
| Orderly PERP_TIA_USDC | +0.0099% | 4h | 0.4392 | −0.678% | $5K | $363K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4397 | −0.556% | $4.5M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4394 | −0.634% | $34K | $240K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4392 | −0.678% | $14.7M | $41.3M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | +0.0100% | 4h | 0.4388 | −0.769% | $9.6M | $12.8M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4392 | −0.678% | $987K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4393 | −0.656% | $13.0M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4391 | −0.701% | $4.5M | $3.1M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4391 | −0.701% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4392 | −0.672% | $102K | $154K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4386 | −0.821% | $103K | $84K | — | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4412 | −0.226% | $50K | $233K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4393 | −0.656% | $58K | $68K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4389 | −0.737% | $55K | $184K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4391 | −0.693% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0117% | 1h | 0.4409 | −0.294% | $27K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4389 | −0.752% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTXlong | +0.0256% | 1h | 0.4422 | long leg | $52K | $76K | 50x | |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4391 | −0.701% | $1.3M | $602K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0461% / S −0.3505% | 1h | 0.4392 | −0.685% | $36K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0838% | 1h | 0.4393 | −0.652% | $52K | $199 | 10x | as long as short |
Coinbase International TIA-PERP-INTX
Lighter TIA
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
ApeX Omni TIAUSDT
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]