Funding you earn now, next payment 20:00 UTC−0.0058%/8hpaid last 24h −0.032%
Price spread now: KuCoin against Lighter−0.150%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.150%, 7d avg −0.071%
=Together, before fees+0.020%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.080% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TIA | 0.4320 | 0.0096 | pay 0.0012% / 1h | 23m 25s | $122K | $369K | 10x |
| Short | KuCoin TIAUSDTM | 0.4313 | 0.0038 | get 0.0019% / 4h | 23m 25s | $4.1M | $8.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$12.18
- Price spread: −0.150% → −0.071%
- −$7.97
- Slippage, 4 orders
- −$70.61
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$102.76
- Costs to cover
- 0.826%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; KuCoin: live order book, 9 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, 4 min ago | 1.97 bp | 22.9 bp −$23 | 77.8 bp −$778 | 316.0 bp −$31.6K | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 2.32 bp | 20.4 bp −$20 | 80.6 bp −$806 | 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 | −0.0406% | 1h | 0.4320 | +0.003% | $361K | $233K | 50x | as long as short |
| Backpack TIA_USDC_PERP | −0.0201% | 1h | 0.4323 | +0.072% | $99K | $153K | 10x | as long as short |
| Gate TIA_USDT | −0.0104% | 4h | 0.4316 | −0.081% | $986K | $1.8M | 75x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4320 | +0.012% | $36K | $22K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4320 | +0.012% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0034% | 1h | 0.4315 | −0.104% | $48K | $233K | 50x | as long as short |
| KuCoin TIAUSDTMshort | +0.0038% | 4h | 0.4313 | −0.150% | $4.1M | $8.9M | 50x | |
| OKX TIA-USDT-SWAP | +0.0076% | 4h | 0.4316 | −0.081% | $2.7M | $5.7M | 50x | as long as short |
| Lighter TIAlong | +0.0096% | 1h | 0.4320 | long leg | $122K | $369K | 10x | |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4318 | −0.035% | $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 | 0.4321 | +0.046% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4319 | −0.012% | $30K | $266K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4319 | −0.012% | $14.1M | $40.4M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4318 | −0.035% | $9.4M | $12.5M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4316 | −0.081% | $9.2M | $5.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4316 | −0.081% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4317 | −0.058% | — | $6.5M | — | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4310 | −0.209% | $95K | $74K | — | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4322 | +0.058% | $74K | $15K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4317 | −0.047% | $88K | $150K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4319 | −0.012% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0133% | 1h | 0.4323 | +0.081% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4315 | −0.103% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0272% | 1h | 0.4332 | +0.289% | $49K | $69K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4322 | +0.058% | $923K | $464K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0395% / S −0.2692% | 1h | 0.4319 | −0.004% | $27K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0699% | 1h | 0.4322 | +0.058% | $51K | $59 | 10x | as long as short |
Lighter TIA
KuCoin TIAUSDTM
Kraken Futures PF_TIAUSD
Backpack TIA_USDC_PERP
Gate TIA_USDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
OKX TIA-USDT-SWAP
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Variational Omni TIA
HTX TIA-USDT
Extended TIA-USD
Injective TIA/USDC PERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]