Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.019%
Price spread now: Coinbase International against Lighter RH−0.072%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.072%, 7d avg −0.088%
=Together, before fees+0.063%+ Points / potential airdropLighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH TSLA | 374.74 | 0.0032 | pay 0.0004% / 1h | 27m 47s | $1.2M | $2.5M | 20x |
| Short | Coinbase International TSLA-PERP-INTX | 374.47 | 0.0160 | get 0.0020% / 1h | 27m 47s | $507K | $368K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Lighter RH. 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
- $26.88
- Price spread: −0.072% → −0.088%
- $1.63
- Slippage, 4 orders
- −$9.9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $8.61
- Costs to cover
- 0.199%
- Break-even
- 4.8 days
Slippage from Lighter RH: live order book, 5 min ago; Coinbase International: live order book, 5 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 RH live order book, 5 min ago | 0.67 bp | 1.1 bp −$1 | 5.1 bp −$51 | 46.7 bp −$4,669 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 2.80 bp | 9.0 bp −$9 | 11.6 bp −$116 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff TSLA-PERP | −0.1600% | 1h | 374.20 | −0.144% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDC | −0.0541% | 4h | 375.11 | +0.099% | $396K | $1.1M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 374.83 | +0.023% | $572K | $200K | 50x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 374.84 | +0.027% | $10.1M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 374.76 | +0.005% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 374.66 | −0.021% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 374.79 | +0.013% | $17.2M | $23.2M | 100x | as long as short |
| GRVT TSLA_USDT_Perp | 0.0000% | 8h | 374.85 | +0.031% | $845K | $2.9M | 10x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 374.65 | −0.024% | $199K | $941K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 374.76 | +0.005% | $1.1M | $15K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps TSLAUSD | +0.0030% | 1h | 374.79 | +0.012% | $38K | $36K | 10x | as long as short |
| Variational Omni TSLA | +0.0030% | 8h | 375.17 | +0.116% | $1.7M | $1.4M | — | as long as short |
| Lighter TSLA | +0.0032% | 1h | 374.72 | −0.005% | $803K | $3.7M | 20x | as long as short |
| Lighter RH TSLAlong | +0.0032% | 1h | 374.74 | long leg | $1.2M | $2.5M | 20x | |
| Arcus TSLA-USD | +0.0040% | 1h | 374.65 | −0.024% | $134K | $107K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 374.54 | −0.053% | — | $126K | 25x | as long as short |
| QFEX TSLA-USD | +0.0048% | 1h | 374.52 | −0.059% | $1.2M | $6.2M | 10x | as long as short |
| Extended TSLA_24_5-USD | +0.0048% | 1h | 374.52 | −0.058% | $478K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0049% | 8h | 374.88 | +0.037% | $46.9M | $115.1M | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 374.53 | −0.056% | $44.4M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 374.21 | −0.141% | $299K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 374.47 | −0.072% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 374.32 | −0.112% | $1.5M | $1.1M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0053% | 8h | 374.57 | −0.045% | $581K | $358K | 20x | as long as short |
| Bullet TSLA-USD | +0.0071% | 1h | 374.62 | −0.031% | $6K | $92K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 374.56 | −0.048% | $388K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 374.65 | −0.024% | $1.5M | $2.4M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 374.82 | +0.021% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 374.50 | −0.064% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 374.48 | −0.070% | $741 | — | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0124% | 1h | 374.47 | −0.072% | $18K | $191K | 10x | as long as short |
| Coinbase International TSLA-PERP-INTXshort | +0.0160% | 1h | 374.47 | −0.072% | $507K | $368K | 10x | |
| Nado TSLA-PERP | +0.0171% | 1h | 374.30 | −0.117% | $496K | $117K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.64 | +1.308% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDC | +0.0290% | 1h | 374.57 | −0.045% | $214K | $655K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 374.74 | 0.000% | $1.3M | $507K | 20x | as long as short |
Lighter RH TSLA
Coinbase International TSLA-PERP-INTX
edgeX TSLAUSDC
Aster TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
GRVT TSLA_USDT_Perp
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Variational Omni TSLA
Lighter TSLA
Extended TSLA_24_5-USD
Binance TSLAUSDT
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
BloFin TSLA-USDT
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
Injective TSLA/USDC PERP
RISEx TSLA/USDC
Phoenix TSLA