Funding you earn now, next payment 06:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.016%
Price spread now: Arcus against Lighter−0.016%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 4 days (all we have)+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.016%, 7d avg −0.055%
=Together, before fees+0.016%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.039% dearer against Lighter than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.055%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TSLA | 375.81 | 0.0136 | pay 0.0017% / 1h | 33m 03s | $832K | $3.7M | 20x |
| Short | Arcus TSLA-USD | 375.75 | 0.0040 | get 0.0005% / 1h | 33m 03s | $135K | $107K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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
- −$20.1
- Price spread: −0.016% → −0.055%
- $3.93
- Slippage, 4 orders
- −$16.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$37.4
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Arcus: live order book, 15 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 Lighter live order book, 4 min ago | 0.27 bp | 1.1 bp −$1 | 2.2 bp −$22 | 62.8 bp −$6,275 | doesn't fit |
| Sell Arcus live order book, 15 min ago | 2.93 bp | 9.7 bp −$10 | 10.9 bp −$109 | doesn't fit | 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 | −0.0175% | 4h | 376.13 | +0.084% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0027% | 8h | 375.92 | +0.029% | $579K | $354K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.01 | +0.054% | $575K | $198K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.76 | −0.014% | $479K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.86 | +0.015% | $47.0M | $112.7M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.82 | +0.003% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.84 | +0.008% | $11.2M | $16.9M | 25x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.81 | 0.000% | $17.1M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.08 | +0.071% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.10 | +0.077% | $200K | $917K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.77 | −0.011% | $18K | $193K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.88 | +0.019% | $1.1M | $14K | 10x | as long as short |
| Gate TSLA_USDT | +0.0016% | 8h | 375.92 | +0.029% | $2.3M | $3.5M | 100x | as long as short |
| Aftermath Perps TSLAUSD | +0.0024% | 1h | 375.79 | −0.005% | $38K | $40K | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 375.78 | −0.008% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USDshort | +0.0040% | 1h | 375.75 | −0.016% | $135K | $107K | 10x | |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.93 | +0.032% | — | $128K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.61 | −0.053% | $44.5M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.77 | −0.011% | $300K | $307K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.77 | −0.011% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.56 | −0.067% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 375.98 | +0.045% | $1.2M | $6.2M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0054% | 1h | 376.00 | +0.049% | $289K | $580K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0072% | 1h | 375.70 | −0.029% | $34K | — | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.78 | −0.008% | $390K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.74 | −0.019% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.81 | 0.000% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.85 | +0.011% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.83 | +0.005% | $744 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 376.13 | +0.085% | $511K | $337K | 10x | as long as short |
| Lighter TSLAlong | +0.0136% | 1h | 375.81 | long leg | $832K | $3.7M | 20x | |
| GRVT TSLA_USDT_Perp | +0.0155% | 8h | 376.12 | +0.084% | $842K | $2.8M | 10x | as long as short |
| Bullet TSLA-USD | +0.0182% | 1h | 375.90 | +0.025% | $4K | $89K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.71 | +1.038% | $79K | $36K | 30x | as long as short |
| Nado TSLA-PERP | +0.0269% | 1h | 375.80 | −0.003% | $489K | $112K | 20x | as long as short |
| Phoenix TSLA | +0.0298% | 1h | 376.10 | +0.077% | $1.3M | $528K | 20x | as long as short |
Lighter TSLA
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Gate TSLA_USDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
RISEx TSLA/USDC
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
GRVT TSLA_USDT_Perp
Bullet TSLA-USD
Injective TSLA/USDC PERP
Phoenix TSLA