Funding you earn now, next payment 22:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter against Arcus+0.032%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$160.156% of the position
Funding, last 3 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.032%, 7d avg +0.057%
=Together, before fees−0.046%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter is 0.025% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus TSLA-USD | 375.04 | 0.0188 | pay 0.0024% / 1h | 7m 40s | $153K | $84K | 10x |
| Short | Lighter TSLA | 375.16 | 0.0032 | get 0.0004% / 1h | 7m 40s | $648K | $3.4M | 20x |
Arcus TSLA-USD
Lighter TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Arcus. 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
- −$32.85
- Price spread: +0.032% → +0.057%
- −$2.54
- Slippage, 4 orders
- −$11.07
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.96
- Costs to cover
- 0.156%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 15 min ago; Lighter: live order book, 10 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 Arcus live order book, 15 min ago | 3.73 bp | 8.1 bp −$8 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 0.40 bp | 1.0 bp −$1 | 2.7 bp −$27 | 136.3 bp −$13.6K | doesn't fit |
TSLA on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSLAUSDC | −0.0342% | 4h | 375.18 | +0.036% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.11 | +0.019% | $587K | $192K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.15 | +0.029% | $477K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.20 | +0.043% | $46.9M | $110.1M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.30 | +0.069% | $10.2M | $15.6M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.18 | +0.037% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.20 | +0.043% | $2.3M | $4.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.12 | +0.021% | $16.6M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.18 | +0.036% | $1.8M | $1.1M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.18 | +0.037% | $199K | $899K | 20x | as long as short |
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet TSLA-USD | 0.0000% | 1h | 375.21 | +0.045% | $5K | $91K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.02 | −0.005% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.14 | +0.027% | $1.1M | $13K | 10x | as long as short |
| BloFin TSLA-USDT | 0.0000% | 8h | 375.21 | +0.045% | $571K | $339K | 20x | as long as short |
| Nado TSLA-PERP | +0.0002% | 1h | 374.98 | −0.017% | $484K | $90K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0016% | 1h | 375.02 | −0.007% | $38K | $49K | 10x | as long as short |
| Lighter TSLAshort | +0.0032% | 1h | 375.16 | +0.032% | $648K | $3.4M | 20x | |
| Lighter RH TSLA | +0.0032% | 1h | 375.18 | +0.037% | $1.2M | $2.7M | 20x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.10 | +0.016% | — | $133K | 25x | as long as short |
| QFEX TSLA-USD | +0.0046% | 1h | 375.12 | +0.021% | $1.2M | $7.1M | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 374.91 | −0.035% | $43.5M | $14.3M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 374.96 | −0.021% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.14 | +0.027% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 374.87 | −0.045% | $1.6M | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0088% | 1h | 374.91 | −0.035% | $34K | — | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.11 | +0.019% | $389K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.03 | −0.003% | $1.5M | $159K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.02 | −0.005% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 374.96 | −0.021% | $41K | $20K | 20x | as long as short |
| RISEx TSLA/USDC | +0.0103% | 1h | 375.27 | +0.063% | $175K | $530K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.17 | +0.035% | $743 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0126% | 8h | 375.26 | +0.059% | $847K | $3.0M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0136% | 1h | 375.11 | +0.019% | $529K | $332K | 10x | as long as short |
| Arcus TSLA-USDlong | +0.0188% | 1h | 375.04 | long leg | $153K | $84K | 10x | |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.11 | +0.285% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0384% | 1h | 375.22 | +0.048% | $1.3M | $458K | 20x | as long as short |
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
BloFin TSLA-USDT
Nado TSLA-PERP
Aftermath Perps TSLAUSD
Lighter RH TSLA
Vest TSLA-USD-PERP
QFEX TSLA-USD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Hotstuff TSLA-PERP
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
RISEx TSLA/USDC
Aevo TSLA-PERP
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
Phoenix TSLA