Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.528%+$53 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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International TIA-PERP-INTX0.44220.0256pay 0.0032% / 1h5m 11s$52K$76K50x
ShortLighter TIA0.43980.0096get 0.0012% / 1h5m 11s$140K$360K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell Lighter live order book, 59 min ago1.94 bp16.2 bp −$1691.4 bp −$914333.2 bp −$33.3Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TIAUSD−0.0152%1h0.4396−0.582%$361K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0140%4h0.4390−0.724%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0016%4h0.4389−0.746%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4393−0.656%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4392−0.678%$1K150xas long as short
Lighter TIAshort+0.0096%1h0.4398−0.536%$140K$360K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4392−0.678%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4397−0.556%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4394−0.634%$34K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4392−0.678%$14.7M$41.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4388−0.769%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4392−0.678%$987K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4393−0.656%$13.0M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4391−0.701%$4.5M$3.1M75xas long as short
BingX TIA-USDC+0.0100%4h0.4391−0.701%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4392−0.672%$102K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4386−0.821%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4412−0.226%$50K$233K50xas long as short
HTX TIA-USDT+0.0100%4h0.4393−0.656%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4389−0.737%$55K$184K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4391−0.693%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4409−0.294%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4389−0.752%$6K15xas long as short
Coinbase International TIA-PERP-INTXlong+0.0256%1h0.4422long leg$52K$76K50x
BloFin TIA-USDT+0.0340%4h0.4391−0.701%$1.3M$602K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4392−0.685%$36K100xas long as short
dYdX TIA-USD+0.0838%1h0.4393−0.652%$52K$19910xas long as short