Funding you earn now, next payment 23:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against Lighter−0.439%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.439%, 7d avg −0.133%
=Together, before fees+0.254%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$25 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: Extended is 0.307% cheaper against Lighter than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4334 | 0.0096 | pay 0.0012% / 1h | 49m 11s | $128K | $351K | 10x |
| Short | Extended TIA-USD | 0.4315 | 0.0104 | get 0.0013% / 1h | 49m 11s | $58K | $165K | 25x |
Lighter TIA
Extended TIA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.439% → −0.133%
- −$30.65
- Slippage, 4 orders
- −$33.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$67.59
- Costs to cover
- 0.386%
- Break-even
- 288.6 days
Slippage from Lighter: live order book, 25 min ago; Extended: live order book, 32 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, 25 min ago | 1.85 bp | 14.1 bp −$14 | 71.9 bp −$719 | 326.9 bp −$32.7K | doesn't fit |
| Sell Extended live order book, 32 min ago | 4.61 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0229% | 1h | 0.4325 | −0.204% | $356K | $240K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0034% | 4h | 0.4335 | +0.025% | $4.2M | $8.5M | 50x | as long as short |
| Gate TIA_USDT | −0.0020% | 4h | 0.4328 | −0.136% | $995K | $1.8M | 75x | as long as short |
| OKX TIA-USDT-SWAP | −0.0012% | 4h | 0.4324 | −0.228% | $2.7M | $5.9M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4321 | −0.298% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4320 | −0.321% | $1K | — | 150x | as long as short |
| Bybit TIAUSDT | +0.0034% | 4h | 0.4320 | −0.321% | $9.4M | $13.1M | 50x | as long as short |
| Variational Omni TIA | +0.0087% | 4h | 0.4307 | −0.629% | $101K | $84K | — | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4334 | long leg | $128K | $351K | 10x | |
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4320 | −0.321% | $5K | $361K | 10x | as long as short |
Kraken Futures PF_TIAUSD
KuCoin TIAUSDTM
Gate TIA_USDT
OKX TIA-USDT-SWAP
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Bybit TIAUSDT
Variational Omni TIA
Orderly PERP_TIA_USDCShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4330 | −0.092% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4327 | −0.159% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4320 | −0.325% | $14.1M | $41.7M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4330 | −0.090% | $14.1M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4323 | −0.252% | $4.5M | $3.6M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4323 | −0.252% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4328 | −0.132% | $100K | $149K | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.0100% | 1h | 0.4315 | −0.436% | $49K | $237K | 50x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4324 | −0.228% | $64K | $41K | 50x | as long as short |
| Extended TIA-USDshort | +0.0104% | 1h | 0.4315 | −0.439% | $58K | $165K | 25x | |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4320 | −0.321% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4324 | −0.228% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4315 | −0.430% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4323 | −0.252% | $48K | $72K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4317 | −0.390% | $1.0M | $541K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4320 | −0.317% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0616% | 1h | 0.4319 | −0.353% | $51K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
ApeX Omni TIAUSDT
HTX TIA-USDT
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD