Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.044%
Price spread now: Lighter against Bybit−0.043%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$170.173% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.043%, 7d avg −0.053%
=Together, before fees+0.104%+ Points / potential airdropLighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TSLAUSDT | 375.19 | 0 | get 0.0000% / 8h | 1h 16m | $10.2M | $15.4M | 100x |
| Short | Lighter TSLA | 375.03 | 0.0032 | get 0.0004% / 1h | 16m 08s | $648K | $3.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $6.72
- Price spread: −0.043% → −0.053%
- $1.05
- Slippage, 4 orders
- −$6.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.56
- Costs to cover
- 0.173%
- Break-even
- 17.0 days
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 6 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 Bybit live order book, 2 min ago | 0.27 bp | 7.5 bp −$7 | 10.9 bp −$109 | 144.1 bp −$14.4K | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.13 bp | 2.2 bp −$2 | 3.4 bp −$34 | 58.9 bp −$5,887 | 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 | −0.0429% | 4h | 375.17 | −0.005% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.13 | −0.016% | $584K | $191K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 374.98 | −0.055% | $477K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.06 | −0.035% | $46.8M | $109.9M | 25x | as long as short |
| Bybit TSLAUSDTlong | 0.0000% | 8h | 375.19 | long leg | $10.2M | $15.4M | 100x | |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.06 | −0.035% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 375.19 | −0.001% | $175K | $529K | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.04 | −0.040% | $2.3M | $4.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 374.96 | −0.061% | $16.6M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.19 | −0.001% | $1.8M | $1.2M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 375.11 | −0.021% | $199K | $897K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 374.93 | −0.069% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.09 | −0.027% | $1.1M | $13K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0006% | 8h | 375.06 | −0.035% | $568K | $341K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0015% | 1h | 375.00 | −0.052% | $38K | $49K | 10x | as long as short |
| QFEX TSLA-USD | +0.0030% | 1h | 375.05 | −0.037% | $1.2M | $7.2M | 10x | as long as short |
| Lighter TSLAshort | +0.0032% | 1h | 375.03 | −0.043% | $648K | $3.3M | 20x | |
| Lighter RH TSLA | +0.0032% | 1h | 375.08 | −0.029% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 374.96 | −0.061% | $153K | $84K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 374.99 | −0.053% | — | $133K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 374.83 | −0.096% | $43.5M | $14.1M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 374.88 | −0.083% | $297K | $292K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 374.99 | −0.053% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 374.81 | −0.101% | $1.6M | $1.0M | 10x | as long as short |
| Bullet TSLA-USD | +0.0053% | 1h | 375.06 | −0.034% | $6K | $90K | 10x | as long as short |
| Nado TSLA-PERP | +0.0062% | 1h | 374.90 | −0.076% | $484K | $90K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 374.84 | −0.093% | $389K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 374.92 | −0.072% | $1.5M | $159K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.05 | −0.037% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 374.90 | −0.077% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 374.99 | −0.054% | $742 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0124% | 8h | 375.27 | +0.021% | $847K | $2.7M | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0128% | 1h | 374.79 | −0.107% | $34K | — | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0128% | 1h | 375.11 | −0.021% | $529K | $332K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.16 | +0.259% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 375.32 | +0.035% | $1.3M | $522K | 20x | as long as short |
Bybit TSLAUSDT
Lighter TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
BloFin TSLA-USDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
Phoenix TSLA