Funding you earn now, next payment 07:00 UTC+0.0264%/8h= +28.9% APRnext payment +$0.33 per $10,000 · paid last 24h +0.018%
Price spread now: Nado against Lighter RH−0.037%7-day average −0.023% · 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−$33as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 3 days (all we have)−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.037%, 7d avg −0.023%
=Together, before fees−0.123%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.055% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH TSLA | 375.65 | 0.0032 | pay 0.0004% / 1h | 25m 00s | $1.3M | $2.5M | 20x |
| Short | Nado TSLA-PERP | 375.51 | 0.0296 | get 0.0037% / 1h | 25m 00s | $488K | $111K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $55.41
- Price spread: −0.037% → −0.023%
- −$1.38
- Slippage, 4 orders
- −$24.56
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $22.47
- Costs to cover
- 0.316%
- Break-even
- 4.2 days
Slippage from Lighter RH: live order book, 3 min ago; Nado: live order book, 18 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, 3 min ago | 2.39 bp | 3.1 bp −$3 | 6.5 bp −$65 | 47.3 bp −$4,729 | doesn't fit |
| Sell Nado live order book, 18 min ago | 4.79 bp | 13.2 bp −$13 | 29.0 bp −$290 | 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 | −0.0734% | 4h | 375.81 | +0.043% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.82 | +0.045% | $574K | $199K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.64 | −0.003% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.73 | +0.021% | $47.1M | $113.5M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.74 | +0.024% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.75 | +0.027% | $11.2M | $16.9M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.73 | +0.021% | $2.3M | $3.5M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.66 | +0.003% | $17.1M | $22.8M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.83 | +0.048% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.82 | +0.045% | $199K | $919K | 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 | 375.77 | +0.032% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0027% | 1h | 375.72 | +0.019% | $38K | $38K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0028% | 8h | 375.80 | +0.040% | $577K | $356K | 20x | as long as short |
| Lighter RH TSLAlong | +0.0032% | 1h | 375.65 | long leg | $1.3M | $2.5M | 20x | |
| Arcus TSLA-USD | +0.0040% | 1h | 375.61 | −0.011% | $135K | $108K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.68 | +0.008% | — | $119K | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0048% | 1h | 375.49 | −0.043% | $34K | — | 20x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.42 | −0.061% | $44.5M | $14.9M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.69 | +0.011% | $300K | $304K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.70 | +0.013% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.36 | −0.077% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 375.79 | +0.037% | $1.2M | $6.2M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.66 | +0.003% | $389K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.50 | −0.040% | $1.4M | $107K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.51 | −0.037% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.62 | −0.008% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.75 | +0.026% | $744 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0136% | 1h | 375.69 | +0.011% | $505K | $350K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0138% | 1h | 375.87 | +0.058% | $214K | $640K | 20x | as long as short |
| Lighter TSLA | +0.0176% | 1h | 375.68 | +0.008% | $819K | $3.7M | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0213% | 8h | 375.89 | +0.064% | $843K | $2.8M | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.41 | +1.001% | $79K | $36K | 30x | as long as short |
| Bullet TSLA-USD | +0.0241% | 1h | 375.84 | +0.051% | $5K | $91K | 10x | as long as short |
| Nado TSLA-PERPshort | +0.0296% | 1h | 375.51 | −0.037% | $488K | $111K | 20x | |
| Phoenix TSLA | +0.0318% | 1h | 375.96 | +0.083% | $1.3M | $528K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0629% | 1h | 375.77 | +0.032% | $18K | $194K | 10x | as long as short |
Lighter RH TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
RISEx TSLA/USDC
Lighter TSLA
GRVT TSLA_USDT_Perp
Injective TSLA/USDC PERP
Bullet TSLA-USD
Phoenix TSLA
Deribit TSLA_USDC-PERPETUAL