TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0363%/8h= +39.7% APRnext payment +$0.45 per $10,000 · paid last 24h +0.160%

Price spread now: dYdX against Lighter−0.092%88s7-day average — · you buy dearer than you sell

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

Long on Lighter Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.600%+$60 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

Funding pays, the price is against you. dYdX is 0.092% cheaper against Lighter than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 20 hours of funding at the current rate (+$11 a day). The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TIA	0.4391	0.0096	pay 0.0012% / 1h	17m 48s	$151K	$426K	10x
Short	dYdX TIA-USD	0.4387	0.0459	get 0.0057% / 1h	17m 48s	$52K	$139	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Lighter. 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 LighterbpFee dYdXbpOrdersPrice spread, now −0.092%Rate

Funding earned: $76.22
Price spread: −0.092% → 0.000%: −$9.21
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: $57.01
Costs to cover: 0.100%
Break-even: 1.8 days

Slippage unknown: Lighter: live order book, 17 min ago; dYdX: no order-book sample. 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 Lighter live order book, 17 min ago	8.16 bp	20.8 bp −$21	97.8 bp −$978	342.9 bp −$34.3K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4387	−0.098%	$31K	$25K	25x	as long as short
gTrade (Gains Network) TIA/USD	L +0.0002% / S 0.0000%	1h	0.4388	−0.075%	$1K	—	150x	as long as short
OKX TIA-USDT-SWAP	+0.0063%	4h	0.4384	−0.166%	$2.8M	$6.5M	50x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0079% / S +0.0054%	1h	0.4386	−0.113%	$6K	—	100x	as long as short
ApeX Omni TIAUSDT	+0.0084%	1h	0.4381	−0.235%	$50K	$225K	50x	as long as short
Lighter TIAlong	+0.0096%	1h	0.4391	long leg	$151K	$426K	10x
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4385	−0.143%	$7K	$251K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4392	+0.007%	$4.7M	$1.5M	5x	as long as short
Aster TIAUSDT	+0.0100%	4h	0.4387	−0.095%	$33K	$247K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4388	−0.068%	$13.7M	$47.6M	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	0.4387	−0.098%	$9.9M	$13.9M	50x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4388	−0.075%	$1.0M	$1.9M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4388	−0.075%	$12.9M	$14.2M	300x	as long as short
KuCoin TIAUSDTM	+0.0100%	4h	0.4385	−0.143%	$4.2M	$9.8M	50x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4385	−0.143%	$4.4M	$3.8M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4386	−0.121%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4388	−0.073%	$101K	$172K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4379	−0.286%	$102K	$50K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4388	−0.075%	$59K	$73K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4385	−0.146%	$56K	$210K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4385	−0.132%	$7K	—	3x	as long as short
Kraken Futures PF_TIAUSD	+0.0145%	1h	0.4387	−0.106%	$348K	$204K	50x	as long as short
Injective TIA/USDC PERP	+0.0176%	1h	0.4392	+0.016%	$24K	$11K	12x	as long as short
Reya TIARUSDPERP	+0.0181%	1h	0.4385	−0.141%	$6K	—	15x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4382	−0.212%	$1.6M	$707K	75x	as long as short
Coinbase International TIA-PERP-INTX	+0.0408%	1h	0.4397	+0.130%	$47K	$87K	50x	as long as short
dYdX TIA-USDshort	+0.0459%	1h	0.4387	−0.092%	$52K	$139	10x