TIA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Lighter−0.344%7-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 gTrade (Gains Network)

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.344% cheaper against Lighter than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TIA	0.4348	0.0096	pay 0.0012% / 1h	40m 10s	$127K	$371K	10x
Short	gTrade (Gains Network) TIA/USD	0.4333	L +0.0002% / S 0.0000%	get 0.0000% / 1h	40m 10s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.344%Rate

Funding earned: −$20.09
Price spread: −0.344% → 0.000%: −$34.41
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$64.49
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 19 min ago; gTrade (Gains Network): 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, 19 min ago	2.18 bp	24.2 bp −$24	81.0 bp −$810	316.6 bp −$31.7K	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
ApeX Omni TIAUSDT	−0.0229%	1h	0.4371	+0.529%	$49K	$232K	50x	as long as short
OKX TIA-USDT-SWAP	−0.0109%	4h	0.4337	−0.253%	$2.8M	$5.9M	50x	as long as short
KuCoin TIAUSDTM	−0.0006%	4h	0.4340	−0.184%	$4.2M	$8.9M	50x	as long as short
Kraken Futures PF_TIAUSD	−0.0003%	1h	0.4344	−0.084%	$355K	$227K	50x	as long as short
Deribit TIA_USDC-PERPETUAL	0.0000%	1h	0.4337	−0.253%	$30K	$27K	25x	as long as short
gTrade (Gains Network) TIA/USDshort	L +0.0002% / S 0.0000%	1h	0.4333	−0.344%	$1K	—	150x
Bybit TIAUSDT	+0.0032%	4h	0.4337	−0.253%	$9.4M	$13.1M	50x	as long as short
Lighter TIAlong	+0.0096%	1h	0.4348	long leg	$127K	$371K	10x
Orderly PERP_TIA_USDC	+0.0099%	4h	0.4335	−0.299%	$5K	$331K	10x	as long as short
Hyperliquid TIA	+0.0100%	1h	0.4336	−0.285%	$4.6M	$1.6M	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TIAUSDT	+0.0100%	4h	0.4336	−0.275%	$34K	$240K	10x	as long as short
Binance TIAUSDT	+0.0100%	4h	0.4344	−0.092%	$14.3M	$42.4M	75x	as long as short
Gate TIA_USDT	+0.0100%	4h	0.4332	−0.368%	$974K	$1.8M	75x	as long as short
MEXC TIA_USDT	+0.0100%	4h	0.4344	−0.092%	$12.3M	$6.7M	300x	as long as short
Bitget TIAUSDT	+0.0100%	4h	0.4338	−0.230%	$4.4M	$3.5M	75x	as long as short
BingX TIA-USDC	+0.0100%	4h	0.4330	−0.414%	—	$6.5M	—	as long as short
Backpack TIA_USDC_PERP	+0.0100%	1h	0.4344	−0.097%	$100K	$162K	10x	as long as short
Variational Omni TIA	+0.0100%	4h	0.4342	−0.142%	$102K	$84K	—	as long as short
HTX TIA-USDT	+0.0100%	4h	0.4333	−0.345%	$58K	$75K	50x	as long as short
Extended TIA-USD	+0.0104%	1h	0.4336	−0.282%	$42K	$198K	25x	as long as short
Aevo TIA-PERP	+0.0104%	1h	0.4334	−0.330%	$7K	—	3x	as long as short
Reya TIARUSDPERP	+0.0180%	1h	0.4328	−0.462%	$6K	—	15x	as long as short
dYdX TIA-USD	+0.0194%	1h	0.4334	−0.314%	$51K	$199	10x	as long as short
Injective TIA/USDC PERP	+0.0266%	1h	0.4352	+0.092%	$26K	$10K	12x	as long as short
Coinbase International TIA-PERP-INTX	+0.0304%	1h	0.4377	+0.667%	$51K	$76K	50x	as long as short
BloFin TIA-USDT	+0.0340%	4h	0.4373	+0.575%	$1.3M	$617K	75x	as long as short
GMX TIA/USD [ETH-USDC]	L +0.0461% / S −0.3505%	1h	0.4332	−0.368%	$35K	—	100x	as long as short