TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0298%/8h= −32.7% APRnext payment −$0.37 per $10,000 · paid last 24h +0.021%

Price spread now: Lighter against GMX+0.190%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.190% dearer against GMX than usual: you sell high and buy low (spread +0.190% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX TIA/USD [ETH-USDC]	0.4350	L +0.0394% / S −0.2692%	pay 0.0049% / 1h	31m 44s	$28K	—	100x
Short	Lighter TIA	0.4358	0.0096	get 0.0012% / 1h	31m 44s	$123K	$351K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.190%Rate

Funding earned: −$62.66
Price spread: +0.190% → 0.000%: $18.99
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$55.68
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 12 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 12 min ago	1.63 bp	9.3 bp −$9	58.0 bp −$580	322.7 bp −$32.3K	doesn't fit

GMX: 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	−0.0390%	1h	0.4354	+0.107%	$364K	$233K	50x	as long as short
Backpack TIA_USDC_PERP	−0.0225%	1h	0.4353	+0.080%	$100K	$158K	10x	as long as short
Gate TIA_USDT	−0.0146%	4h	0.4349	−0.019%	$986K	$1.8M	75x	as long as short
ApeX Omni TIAUSDT	−0.0073%	1h	0.4340	−0.226%	$49K	$235K	50x	as long as short
KuCoin TIAUSDTM	−0.0002%	4h	0.4350	+0.004%	$4.2M	$8.8M	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4352	+0.050%	$36K	$22K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4350	+0.014%	$1K	—	150x	as long as short
OKX TIA-USDT-SWAP	+0.0057%	4h	0.4348	−0.042%	$2.7M	$5.8M	50x	as long as short
Lighter TIAshort	+0.0096%	1h	0.4358	+0.190%	$123K	$351K	10x
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4351	+0.027%	$5K	$357K	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TIA	+0.0100%	1h	0.4357	+0.169%	$4.3M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4352	+0.040%	$30K	$267K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4352	+0.051%	$14.3M	$41.1M	75x	as long as short
Bybit TIAUSDT	+0.0100%	4h	0.4351	+0.027%	$9.5M	$12.8M	50x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4352	+0.050%	$9.2M	$5.6M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4350	+0.004%	$4.5M	$3.6M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4350	+0.004%	—	$6.5M	—	as long as short
Variational Omni TIA	+0.0100%	4h	0.4339	−0.259%	$100K	$78K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4341	−0.203%	$74K	$15K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4347	−0.060%	$74K	$154K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4352	+0.056%	$7K	—	3x	as long as short
Injective TIA/USDC PERP	+0.0144%	1h	0.4346	−0.088%	$27K	$10K	12x	as long as short
Reya TIARUSDPERP	+0.0178%	1h	0.4346	−0.090%	$6K	—	15x	as long as short
Coinbase International TIA-PERP-INTX	+0.0256%	1h	0.4353	+0.073%	$49K	$71K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4347	−0.065%	$965K	$492K	75x	as long as short
GMX TIA/USD [ETH-USDC]long	L +0.0394% / S −0.2692%	1h	0.4350	long leg	$28K	—	100x
dYdX TIA-USD	+0.0562%	1h	0.4354	+0.092%	$52K	$59	10x	as long as short