Spread before costs (cost unknown: a leg has no order-book sample)−0.028%
7d average+0.044%if it closes, per $10,000$3funding while held, a day−$0.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TIA_USDC | 0.4299 | 0.0098 | pay 0.0049% / 4h | 2h 11m | $5K | $357K | 10x |
| Short | Lighter TIA | 0.4298 | 0.0096 | get 0.0012% / 1h | 11m 01s | $143K | $342K | 10x |
Orderly PERP_TIA_USDC
Lighter TIAPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.79
- Funding while held
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.84
- Spread needed to break even
- 0.060%
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.05
- Average in range /8h
- —
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 11 min ago | 1.73 bp | 5.7 bp −$6 | 43.2 bp −$432 | 317.9 bp −$31.8K | doesn't fit |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.OKX0.4287cheapestBybit0.4288+0.023%Extended0.4289+0.046%KuCoin0.4290+0.070%Bitget0.4290+0.070%Gate0.4292+0.117%MEXC0.4292+0.117%Binance0.4293+0.139%BingX0.4294+0.163%Backpack0.4294+0.166%Reya0.4295+0.188%Aster0.4296+0.214%
OKX
Bybit
Extended
KuCoin
Bitget
Gate
MEXC
Binance
BingX
Backpack
Reya
AsterLighter0.4298+0.252%
Aevo0.4298+0.252%Kraken Futures0.4298+0.256%gTrade (Gains Network)0.4299+0.280%
Aevo
Kraken Futures
gTrade (Gains Network)Orderly0.4299+0.280%
Deribit0.4299+0.280%GMX0.4300+0.298%Hyperliquid0.4300+0.306%HTX0.4302+0.350%dYdX0.4306+0.451%ApeX Omni0.4308+0.490%BloFin0.4309+0.513%Coinbase International0.4314+0.630%Injective0.4316+0.676%Variational Omni0.4323+0.837%
Deribit
GMX
Hyperliquid
HTX
dYdX
ApeX Omni
BloFin
Coinbase International
Injective
Variational OmniTIA on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX TIA-USDT-SWAP | −0.279% | +0.0100% | 4h | $2.7M | $5.6M | 50x | as long as short |
| Bybit TIAUSDT | −0.256% | +0.0100% | 4h | $9.1M | $12.0M | 50x | as long as short |
| Extended TIA-USD | −0.233% | +0.0104% | 1h | $98K | $140K | 25x | as long as short |
| KuCoin TIAUSDTM | −0.209% | +0.0074% | 4h | $4.1M | $9.3M | 50x | as long as short |
| Bitget TIAUSDT | −0.209% | +0.0100% | 4h | $4.4M | $3.5M | 75x | as long as short |
| Gate TIA_USDT | −0.163% | +0.0100% | 4h | $999K | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | −0.163% | +0.0100% | 4h | $8.9M | $6.2M | 300x | as long as short |
| Binance TIAUSDT | −0.141% | +0.0100% | 4h | $13.9M | $40.1M | 75x | as long as short |
| BingX TIA-USDC | −0.116% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | −0.114% | −0.0042% | 1h | $98K | $150K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya TIARUSDPERP | −0.091% | +0.0177% | 1h | $6K | — | 15x | as long as short |
| Aster TIAUSDT | −0.066% | +0.0100% | 4h | $26K | $276K | 10x | as long as short |
| Lighter TIAshort | −0.028% | +0.0096% | 1h | $143K | $342K | 10x | |
| Aevo TIA-PERP | −0.027% | +0.0104% | 1h | $7K | — | 3x | as long as short |
| Kraken Futures PF_TIAUSD | −0.023% | −0.0136% | 1h | $347K | $212K | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | 0.000% | L +0.0002% / S 0.0000% | 1h | $1K | — | 150x | as long as short |
| Orderly PERP_TIA_USDClong | 0.000% | +0.0098% | 4h | $5K | $357K | 10x | |
| Deribit TIA_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $36K | $24K | 25x | as long as short |
| GMX TIA/USD [ETH-USDC] | +0.018% | L +0.0353% / S −0.2122% | 1h | $22K | — | 100x | as long as short |
| Hyperliquid TIA | +0.026% | +0.0100% | 1h | $4.2M | $1.5M | 5x | as long as short |
| HTX TIA-USDT | +0.070% | +0.0100% | 4h | $73K | $18K | 50x | as long as short |
| dYdX TIA-USD | +0.171% | +0.0858% | 1h | $51K | $59 | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.209% | −0.0224% | 1h | $48K | $232K | 50x | as long as short |
| BloFin TIA-USDT | +0.233% | +0.0340% | 4h | $840K | $479K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.349% | +0.0224% | 1h | $48K | $69K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.395% | +0.0410% | 1h | $27K | $61K | 12x | as long as short |
| Variational Omni TIA | +0.555% | +0.0100% | 4h | $95K | $80K | — | as long as short |