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−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Lighter against Extended+0.299%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$510.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.299%, 7d avg +0.136%
Together, before fees−0.093%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$9 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 0.164% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended TIA-USD0.43910.0104pay 0.0013% / 1h4m 51s$55K$184K25x
ShortLighter TIA0.44040.0096get 0.0012% / 1h4m 51s$140K$360K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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
−$1.68
Price spread: +0.299% → +0.136%
$16.38
Slippage, 4 orders
−$45.53
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$35.84
Costs to cover
0.505%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; Lighter: live order book, 60 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 Extended live order book, 1 min ago3.41 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 60 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
Kraken Futures PF_TIAUSD−0.0152%1h0.4396+0.121%$361K$225K50xas long as short
OKX TIA-USDT-SWAP−0.0140%4h0.4396+0.115%$2.8M$5.9M50xas long as short
KuCoin TIAUSDTM−0.0016%4h0.4394+0.069%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4393+0.047%$31K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4392+0.024%$1K150xas long as short
Lighter TIAshort+0.0096%1h0.4404+0.299%$140K$360K10x
Orderly PERP_TIA_USDC+0.0099%4h0.4392+0.024%$5K$363K10xas long as short
Hyperliquid TIA+0.0100%1h0.4403+0.279%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4395+0.083%$34K$240K10xas long as short
Binance TIAUSDT+0.0100%4h0.4398+0.151%$14.7M$41.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit TIAUSDT+0.0100%4h0.4394+0.069%$9.6M$12.9M50xas long as short
Gate TIA_USDT+0.0100%4h0.4398+0.160%$988K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4399+0.183%$13.0M$6.8M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4398+0.160%$4.5M$3.1M75xas long as short
BingX TIA-USDT+0.0100%4h0.4398+0.160%$98.9Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4392+0.031%$102K$154K10xas long as short
Variational Omni TIA+0.0100%4h0.4386−0.120%$103K$84Kas long as short
ApeX Omni TIAUSDT+0.0100%1h0.4412+0.479%$50K$233K50xas long as short
HTX TIA-USDT+0.0100%4h0.4393+0.047%$58K$68K50xas long as short
Extended TIA-USDlong+0.0104%1h0.4391long leg$55K$184K25x
Aevo TIA-PERP+0.0104%1h0.4391+0.009%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4409+0.411%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4389−0.051%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4422+0.707%$52K$76K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4391+0.001%$1.3M$602K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0461% / S −0.3505%1h0.4392+0.017%$36K100xas long as short
dYdX TIA-USD+0.0838%1h0.4393+0.050%$52K$19910xas long as short