TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h −0.011%

Price spread now: Coinbase International against Lighter+0.027%7-day average −0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$170.172% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.027%, 7d avg −0.085%

Together, before fees−0.085%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.111% dearer against Lighter than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TSLA	375.39	0.0032	pay 0.0004% / 1h	35m 42s	$803K	$3.7M	20x
Short	Coinbase International TSLA-PERP-INTX	375.49	0.0160	get 0.0020% / 1h	35m 42s	$506K	$352K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now +0.027%Rate

Funding earned: $26.88
Price spread: +0.027% → −0.085%: $11.13
Slippage, 4 orders: −$7.17
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $20.84
Costs to cover: 0.172%
Break-even: 1.6 days

Slippage from Lighter: live order book, 7 min ago; Coinbase International: live order book, 62 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, 7 min ago	0.67 bp	0.7 bp −$1	1.9 bp −$19	33.6 bp −$3,359	doesn't fit
Sell Coinbase International live order book, 62 min ago	2.79 bp	7.8 bp −$8	10.6 bp −$106	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	−0.0761%	4h	375.83	+0.118%	$397K	$1.0M	10x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.47	+0.021%	$10.1M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.41	+0.005%	$11.2M	$16.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.43	+0.011%	$2.3M	$3.3M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.37	−0.005%	$17.2M	$23.0M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	375.75	+0.096%	$199K	$933K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.24	−0.040%	$18K	$191K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.54	+0.040%	$1.1M	$14K	10x	as long as short
Aster TSLAUSDT	+0.0007%	8h	375.65	+0.069%	$573K	$200K	50x	as long as short
Aftermath Perps TSLAUSD	+0.0029%	1h	375.53	+0.038%	$38K	$36K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TSLAlong	+0.0032%	1h	375.39	long leg	$803K	$3.7M	20x
Lighter RH TSLA	+0.0032%	1h	375.39	0.000%	$1.2M	$2.5M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.21	−0.048%	$134K	$107K	10x	as long as short
Variational Omni TSLA	+0.0042%	8h	375.42	+0.009%	$1.8M	$1.3M	—	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.35	−0.011%	—	$126K	25x	as long as short
QFEX TSLA-USD	+0.0048%	1h	375.45	+0.016%	$1.2M	$6.2M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.19	−0.053%	$44.5M	$14.6M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.05	−0.091%	$300K	$161K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.43	+0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.45	+0.016%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0059%	1h	375.35	−0.010%	$5K	$92K	10x	as long as short
Binance TSLAUSDT	+0.0068%	8h	375.47	+0.023%	$47.1M	$114.6M	25x	as long as short
Extended TSLA_24_5-USD	+0.0072%	1h	375.38	−0.003%	$483K	$2.7M	10x	as long as short
BloFin TSLA-USDT	+0.0081%	8h	375.55	+0.043%	$580K	$357K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0099%	8h	375.91	+0.138%	$850K	$2.9M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.21	−0.049%	$388K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.36	−0.008%	$1.5M	$2.3M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.66	+0.072%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.36	−0.008%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.34	−0.012%	$743	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0120%	1h	375.34	−0.013%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0157%	1h	375.27	−0.032%	$497K	$116K	20x	as long as short
Coinbase International TSLA-PERP-INTXshort	+0.0160%	1h	375.49	+0.027%	$506K	$352K	10x
Injective TSLA/USDC PERP	+0.0220%	1h	379.64	+1.132%	$79K	$37K	30x	as long as short
RISEx TSLA/USDC	+0.0290%	1h	375.54	+0.040%	$214K	$654K	20x	as long as short
Phoenix TSLA	+0.0404%	1h	375.78	+0.104%	$1.3M	$507K	20x	as long as short