Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Bybit against Lighter−0.062%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$600.595% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.062%, 7d avg −0.108%
=Together, before fees+0.028%+ Points / potential airdropLighter: Season 3 · farm board+$3 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: Bybit is 0.046% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4379 | 0.0096 | pay 0.0012% / 1h | 24m 31s | $155K | $419K | 10x |
| Short | Bybit TIAUSDT | 0.4376 | 0.0100 | get 0.0050% / 4h | 3h 24m | $9.8M | $13.5M | 50x |
Lighter TIA
Bybit TIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter. 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
- $0.84
- Price spread: −0.062% → −0.108%
- $4.61
- Slippage, 4 orders
- −$48.55
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.1
- Costs to cover
- 0.595%
- Break-even
- 457.8 days
Slippage from Lighter: live order book, 20 min ago; Bybit: live order book, 4 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 Lighter live order book, 20 min ago | 2.37 bp | 15.4 bp −$15 | 73.8 bp −$738 | 309.9 bp −$31.0K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.13 bp | 11.9 bp −$12 | 34.5 bp −$345 | 154.1 bp −$15.4K | 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 | 0.4390 | +0.258% | $31K | $25K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4397 | +0.414% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0059% | 1h | 0.4405 | +0.601% | $50K | $229K | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4379 | long leg | $155K | $419K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4391 | +0.281% | $6K | $246K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4384 | +0.112% | $4.7M | $1.4M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4380 | +0.035% | $33K | $241K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4376 | −0.062% | $14.3M | $43.7M | 75x | as long as short |
| Bybit TIAUSDTshort | +0.0100% | 4h | 0.4376 | −0.062% | $9.8M | $13.5M | 50x | |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4373 | −0.130% | $2.8M | $6.3M | 50x | as long as short |
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Orderly PERP_TIA_USDC
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
OKX TIA-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TIA_USDT | +0.0100% | 4h | 0.4380 | +0.030% | $996K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4380 | +0.030% | $11.3M | $6.5M | 300x | as long as short |
| KuCoin TIAUSDTM | +0.0100% | 4h | 0.4373 | −0.130% | $4.2M | $9.2M | 50x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4376 | −0.062% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4380 | +0.030% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4392 | +0.304% | $101K | $167K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4405 | +0.605% | $103K | $59K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4406 | +0.623% | $59K | $73K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4378 | −0.022% | $55K | $211K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4390 | +0.248% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0181% | 1h | 0.4375 | −0.079% | $6K | — | 15x | as long as short |
| Injective TIA/USDC PERP | +0.0271% | 1h | 0.4413 | +0.783% | $26K | $11K | 12x | as long as short |
| Kraken Futures PF_TIAUSD | +0.0329% | 1h | 0.4392 | +0.307% | $359K | $193K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4409 | +0.692% | $1.7M | $733K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0400% | 1h | 0.4401 | +0.509% | $51K | $76K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0494% / S −0.1196% | 1h | 0.4396 | +0.385% | $40K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0544% | 1h | 0.4375 | −0.082% | $52K | $139 | 10x | as long as short |
Gate TIA_USDT
MEXC TIA_USDT
KuCoin TIAUSDTM
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Injective TIA/USDC PERP
Kraken Futures PF_TIAUSD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD