TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.026%

Price spread now: QFEX against Lighter+0.019%7-day average −0.002% · 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−$11as in the Price arb table

costs, in and out, $10k−$130.126% of the position

Long on Lighter Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$5 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.019%, 7d avg −0.002%

Together, before fees−0.054%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.021% dearer against Lighter than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.002%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TSLA	375.68	0.0128	pay 0.0016% / 1h	29m 00s	$829K	$3.7M	20x
Short	QFEX TSLA-USD	375.75	0.0052	get 0.0007% / 1h	29m 00s	$1.2M	$6.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$15.94
Price spread: +0.019% → −0.002%: $2.05
Slippage, 4 orders: −$2.58
Fee Lighter: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$26.47
Costs to cover: 0.126%
Break-even: never at this rate

Slippage from Lighter: live order book, 3 min ago; QFEX: live order book, 10 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, 3 min ago	0.40 bp	0.5 bp $0	2.4 bp −$24	30.6 bp −$3,062	doesn't fit
Sell QFEX live order book, 10 min ago	0.80 bp	5.8 bp −$6	6.2 bp −$62	13.1 bp −$1,315	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	−0.0621%	4h	375.88	+0.054%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	375.51	−0.045%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.81	+0.034%	$575K	$198K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.67	−0.003%	$479K	$2.7M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.65	−0.008%	$47.0M	$112.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.62	−0.016%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.61	−0.019%	$11.2M	$16.9M	25x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.66	−0.005%	$17.1M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.75	+0.018%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	375.83	+0.040%	$199K	$917K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex TSLAUSDT	0.0000%	4h	375.74	+0.016%	$1.1M	$14K	10x	as long as short
BloFin TSLA-USDT	+0.0006%	8h	375.72	+0.011%	$576K	$353K	20x	as long as short
Gate TSLA_USDT	+0.0010%	8h	375.75	+0.019%	$2.3M	$3.5M	100x	as long as short
Aftermath Perps TSLAUSD	+0.0023%	1h	375.60	−0.022%	$38K	$40K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	375.63	−0.013%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.57	−0.029%	$135K	$107K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.71	+0.008%	—	$128K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.45	−0.061%	$44.4M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.64	−0.011%	$300K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.64	−0.011%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.39	−0.077%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USDshort	+0.0052%	1h	375.75	+0.019%	$1.2M	$6.2M	10x
RISEx TSLA/USDC	+0.0054%	1h	375.83	+0.040%	$217K	$618K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0096%	1h	375.62	−0.016%	$18K	$193K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.65	−0.008%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.60	−0.021%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.68	0.000%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.51	−0.045%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.68	0.000%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	376.13	+0.120%	$511K	$337K	10x	as long as short
Lighter TSLAlong	+0.0128%	1h	375.68	long leg	$829K	$3.7M	20x
GRVT TSLA_USDT_Perp	+0.0160%	8h	375.89	+0.055%	$853K	$2.8M	10x	as long as short
Bullet TSLA-USD	+0.0175%	1h	375.77	+0.025%	$4K	$89K	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.71	+1.073%	$79K	$36K	30x	as long as short
Nado TSLA-PERP	+0.0261%	1h	375.55	−0.034%	$487K	$113K	20x	as long as short
Phoenix TSLA	+0.0298%	1h	375.88	+0.053%	$1.3M	$528K	20x	as long as short