Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Deribit+0.040%7-day average +0.010% · 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−$15as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Funding, last 5 days (all we have)−0.153%−$15 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.040%, 7d avg +0.010%
=Together, before fees−0.125%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.030% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 5 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TSLA_USDC-PERPETUAL | 376.97 | 0 | get 0.0000% / 1h | 4m 50s | $20K | $188K | 10x |
| Short | Lighter RH TSLA | 377.12 | 0.0032 | get 0.0004% / 1h | 4m 50s | $1.2M | $2.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Deribit. 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: +0.040% → +0.010%
- $3.01
- Slippage, 4 orders
- −$10.59
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.87
- Costs to cover
- 0.176%
- Break-even
- 15.2 days
Slippage from Deribit: live order book, 59 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 Deribit live order book, 59 min ago | 0.13 bp | 9.9 bp −$10 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.86 bp | 2.1 bp −$2 | 3.2 bp −$32 | 40.0 bp −$4,002 | 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 | −0.0824% | 4h | 377.09 | +0.033% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0013% | 8h | 377.19 | +0.058% | $577K | $354K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 377.22 | +0.067% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.08 | +0.030% | $484K | $5.9M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.18 | +0.056% | $47.4M | $110.9M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.26 | +0.077% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.11 | +0.037% | $11.2M | $16.9M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.20 | +0.062% | $290K | $586K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 377.11 | +0.037% | $17.1M | $22.9M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.03 | +0.016% | $1.9M | $1.4M | — | 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 | 377.16 | +0.050% | $200K | $909K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUALlong | 0.0000% | 1h | 376.97 | long leg | $20K | $188K | 10x | |
| Coinbase International TSLA-PERP-INTX | 0.0000% | 1h | 377.04 | +0.019% | $513K | $331K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.19 | +0.058% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0015% | 1h | 377.09 | +0.031% | $38K | $43K | 10x | as long as short |
| QFEX TSLA-USD | +0.0019% | 1h | 377.12 | +0.040% | $1.2M | $6.6M | 10x | as long as short |
| Lighter RH TSLAshort | +0.0032% | 1h | 377.12 | +0.040% | $1.2M | $2.6M | 20x | |
| Arcus TSLA-USD | +0.0040% | 1h | 376.94 | −0.008% | $162K | $96K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.09 | +0.032% | — | $130K | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0048% | 1h | 376.80 | −0.045% | $34K | — | 20x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.85 | −0.032% | $44.3M | $14.3M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.07 | +0.027% | $301K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.10 | +0.034% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.82 | −0.040% | $1.6M | $1.1M | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0055% | 8h | 377.19 | +0.057% | $846K | $2.8M | 10x | as long as short |
| Lighter TSLA | +0.0056% | 1h | 377.15 | +0.048% | $820K | $3.6M | 20x | as long as short |
| Bullet TSLA-USD | +0.0098% | 1h | 377.18 | +0.056% | $5K | $92K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.01 | +0.011% | $391K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.96 | −0.003% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.89 | −0.021% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.11 | +0.037% | $41K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.09 | +0.033% | $747 | — | 10x | as long as short |
| Gate TSLA_USDT | +0.0129% | 8h | 377.15 | +0.048% | $2.3M | $3.7M | 100x | as long as short |
| Nado TSLA-PERP | +0.0190% | 1h | 376.95 | −0.006% | $490K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.16 | +0.316% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0254% | 1h | 377.09 | +0.032% | $1.3M | $539K | 20x | as long as short |
Deribit TSLA_USDC-PERPETUAL
Lighter RH TSLA
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Coinbase International TSLA-PERP-INTX
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Lighter TSLA
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Gate TSLA_USDT
Injective TSLA/USDC PERP
Phoenix TSLA