Funding you earn now, next payment 02:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.044%
Price spread now: Lighter RH against Arcus+0.058%7-day average +0.060% · 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−$25as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 3 days (all we have)−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.058%, 7d avg +0.060%
=Together, before fees−0.084%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus TSLA-USD | 376.79 | 0.0040 | pay 0.0005% / 1h | 40m 25s | $163K | $93K | 10x |
| Short | Lighter RH TSLA | 377.01 | 0.0032 | get 0.0004% / 1h | 40m 25s | $1.2M | $2.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$1.74
- Price spread: +0.058% → +0.060%
- −$0.11
- Slippage, 4 orders
- −$20.55
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$26.9
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 28 min ago; Lighter RH: live order book, 3 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, 28 min ago | 2.13 bp | 10.7 bp −$11 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 2.12 bp | 2.2 bp −$2 | 3.6 bp −$36 | 42.5 bp −$4,247 | 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 | −0.0735% | 4h | 376.86 | +0.018% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0027% | 8h | 376.98 | +0.050% | $576K | $341K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | −0.0016% | 1h | 376.58 | −0.056% | $512K | $327K | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.95 | +0.041% | $577K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.86 | +0.019% | $479K | $10.4M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.96 | +0.045% | $47.2M | $109.8M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.03 | +0.064% | $10.3M | $15.5M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.88 | +0.024% | $11.2M | $16.7M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.99 | +0.053% | $292K | $598K | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.93 | +0.037% | $2.4M | $3.8M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TSLAUSDT | 0.0000% | 8h | 376.87 | +0.021% | $16.9M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.93 | +0.036% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.00 | +0.056% | $200K | $906K | 20x | as long as short |
| Bullet TSLA-USD | 0.0000% | 1h | 376.97 | +0.048% | $6K | $93K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.85 | +0.016% | $20K | $187K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.97 | +0.048% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 376.86 | +0.020% | $38K | $45K | 10x | as long as short |
| QFEX TSLA-USD | +0.0023% | 1h | 376.87 | +0.021% | $1.2M | $6.7M | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.98 | +0.050% | $829K | $3.6M | 20x | as long as short |
| Lighter RH TSLAshort | +0.0032% | 1h | 377.01 | +0.058% | $1.2M | $2.6M | 20x | |
| Arcus TSLA-USDlong | +0.0040% | 1h | 376.79 | long leg | $163K | $93K | 10x | |
| tradeXYZ xyz:TSLA | +0.0044% | 1h | 376.76 | −0.008% | $44.3M | $14.1M | 20x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.05 | +0.069% | — | $130K | 25x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.79 | 0.000% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.90 | +0.029% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.79 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0085% | 8h | 377.01 | +0.059% | $852K | $2.8M | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0088% | 1h | 376.73 | −0.016% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0091% | 1h | 376.90 | +0.030% | $490K | $112K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.87 | +0.021% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.57 | −0.058% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.94 | +0.040% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.93 | +0.037% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.88 | +0.025% | $746 | — | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.50 | +0.188% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0255% | 1h | 376.92 | +0.035% | $1.3M | $539K | 20x | as long as short |
Lighter RH TSLA
edgeX TSLAUSDC
BloFin TSLA-USDT
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Injective TSLA/USDC PERP
Phoenix TSLA