Settings8H · net · $10k
Funding arb · Price arb /

TIA

all TIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Lighter−0.227%7-day average −0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.004%$0 on $10k
Price spread, last 3 days (all we have)+0.388%+$39 · spread now −0.227%, 7d avg −0.072%
Together, before fees+0.384%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$38 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: Variational Omni is 0.156% cheaper against Lighter than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter TIA0.43880.0096pay 0.0012% / 1h28m 13s$140K$359K10x
ShortVariational Omni TIA0.43780.0100get 0.0050% / 4h3h 28m$102K$84K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$0.84
Price spread: −0.227% → −0.072%
−$15.56
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$14.72
Costs to cover
0.000%
Break-even
129.7 days
Slippage unknown: Lighter: live order book, 36 min ago; Variational Omni: RFQ quote, 56 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 36 min ago1.94 bp21.0 bp −$2172.5 bp −$725305.1 bp −$30.5Kdoesn't fit
Sell Variational Omni RFQ quote, 56 min ago4.59 bpdoesn't fit32.2 bp −$322doesn't fitdoesn't fit

TIA on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX TIA-USDT-SWAP−0.0165%4h0.4382−0.132%$2.8M$5.9M50xas long as short
Kraken Futures PF_TIAUSD−0.0153%1h0.4384−0.098%$360K$226K50xas long as short
KuCoin TIAUSDTM−0.0028%4h0.4379−0.201%$4.2M$8.8M50xas long as short
Deribit TIA_USDC-PERPETUAL0.0000%1h0.4384−0.087%$30K$27K25xas long as short
gTrade (Gains Network) TIA/USDL +0.0002% / S 0.0000%1h0.4382−0.129%$1K150xas long as short
Lighter TIAlong+0.0096%1h0.4388long leg$140K$359K10x
ApeX Omni TIAUSDT+0.0098%1h0.4376−0.269%$49K$235K50xas long as short
Orderly PERP_TIA_USDC+0.0099%4h0.4382−0.132%$5K$362K10xas long as short
Hyperliquid TIA+0.0100%1h0.4388+0.014%$4.5M$1.5M5xas long as short
Aster TIAUSDT+0.0100%4h0.4383−0.117%$34K$249K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TIAUSDT+0.0100%4h0.4383−0.109%$14.6M$41.1M75xas long as short
Bybit TIAUSDT+0.0100%4h0.4380−0.178%$9.6M$12.8M50xas long as short
Gate TIA_USDT+0.0100%4h0.4384−0.087%$983K$1.8M75xas long as short
MEXC TIA_USDT+0.0100%4h0.4382−0.132%$13.2M$6.7M300xas long as short
Bitget TIAUSDT+0.0100%4h0.4383−0.109%$4.5M$3.2M75xas long as short
BingX TIA-USDC+0.0100%4h0.4383−0.109%$6.5Mas long as short
Backpack TIA_USDC_PERP+0.0100%1h0.4382−0.134%$101K$153K10xas long as short
Variational Omni TIAshort+0.0100%4h0.4378−0.227%$102K$84K
HTX TIA-USDT+0.0100%4h0.4381−0.155%$58K$68K50xas long as short
Extended TIA-USD+0.0104%1h0.4380−0.171%$54K$170K25xas long as short
Aevo TIA-PERP+0.0104%1h0.4383−0.109%$7K3xas long as short
Injective TIA/USDC PERP+0.0117%1h0.4383−0.109%$27K$10K12xas long as short
Reya TIARUSDPERP+0.0179%1h0.4379−0.192%$6K15xas long as short
Coinbase International TIA-PERP-INTX+0.0256%1h0.4389+0.027%$51K$75K50xas long as short
BloFin TIA-USDT+0.0340%4h0.4377−0.246%$1.2M$578K75xas long as short
GMX TIA/USD [ETH-USDC]L +0.0460% / S −0.3505%1h0.4382−0.135%$36K100xas long as short
dYdX TIA-USD+0.0997%1h0.4382−0.132%$52K$5910xas long as short