Funding you earn now, next payment 11:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Lighter RH−0.008%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.008%, 7d avg −0.031%
=Together, before fees+0.107%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.023% dearer against Lighter RH than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH TSLA | 378.08 | 0.0032 | pay 0.0004% / 1h | 28m 07s | $1.2M | $2.5M | 20x |
| Short | Pacifica TSLA | 378.05 | 0.0100 | get 0.0013% / 1h | 28m 07s | $392K | $36K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $14.28
- Price spread: −0.008% → −0.031%
- $2.34
- Slippage, 4 orders
- −$50.05
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$41.43
- Costs to cover
- 0.580%
- Break-even
- 27.3 days
Slippage from Lighter RH: live order book, 3 min ago; Pacifica: 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 | 2.78 bp | 2.9 bp −$3 | 5.2 bp −$52 | 46.7 bp −$4,672 | doesn't fit |
| Sell Pacifica live order book, 18 min ago | 8.85 bp | 36.5 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
TSLA on 36 exchanges
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 | 377.89 | −0.050% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDC | −0.0032% | 4h | 377.98 | −0.027% | $398K | $1.1M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 378.24 | +0.042% | $10.2M | $14.2M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 378.19 | +0.029% | $11.3M | $15.6M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 378.20 | +0.032% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 378.19 | +0.029% | $17.3M | $24.2M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.92 | −0.042% | $201K | $985K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 377.95 | −0.034% | $18K | $189K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 378.23 | +0.040% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 377.92 | −0.042% | $38K | $36K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSLAlong | +0.0032% | 1h | 378.08 | long leg | $1.2M | $2.5M | 20x | |
| Injective TSLA/USDC PERP | +0.0033% | 1h | 377.45 | −0.167% | $74K | $41K | 30x | as long as short |
| Arcus TSLA-USD | +0.0044% | 1h | 377.91 | −0.045% | $133K | $85K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 378.06 | −0.005% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 377.86 | −0.058% | $44.8M | $14.9M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.96 | −0.032% | $301K | $134K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 378.12 | +0.011% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 377.87 | −0.056% | $1.5M | $1.2M | 10x | as long as short |
| QFEX TSLA-USD | +0.0051% | 1h | 378.13 | +0.013% | $1.2M | $6.2M | 10x | as long as short |
| Lighter TSLA | +0.0072% | 1h | 378.10 | +0.005% | $808K | $3.6M | 20x | as long as short |
| Pacifica TSLAshort | +0.0100% | 1h | 378.05 | −0.008% | $392K | $36K | 10x | |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 377.82 | −0.069% | $1.4M | $4.1M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 377.80 | −0.074% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.96 | −0.032% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 378.18 | +0.025% | $749 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 377.89 | −0.050% | $519K | $384K | 10x | as long as short |
| Aster TSLAUSDT | +0.0119% | 8h | 378.28 | +0.053% | $576K | $200K | 50x | as long as short |
| Bullet TSLA-USD | +0.0143% | 1h | 378.21 | +0.034% | $5K | $94K | 10x | as long as short |
| Variational Omni TSLA | +0.0146% | 8h | 377.99 | −0.025% | $1.7M | $1.5M | — | as long as short |
| BloFin TSLA-USDT | +0.0160% | 8h | 378.21 | +0.034% | $590K | $375K | 20x | as long as short |
| Binance TSLAUSDT | +0.0175% | 8h | 378.24 | +0.044% | $47.5M | $115.1M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0176% | 1h | 378.12 | +0.010% | $486K | $2.7M | 10x | as long as short |
| Nado TSLA-PERP | +0.0183% | 1h | 378.00 | −0.021% | $501K | $99K | 20x | as long as short |
| RISEx TSLA/USDC | +0.0351% | 1h | 378.23 | +0.040% | $229K | $634K | 20x | as long as short |
| Phoenix TSLA | +0.0360% | 1h | 378.21 | +0.034% | $1.3M | $484K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0421% | 8h | 378.13 | +0.012% | $847K | $2.9M | 10x | as long as short |
Lighter RH TSLA
Pacifica TSLA
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Injective TSLA/USDC PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Bullet TSLA-USD
Variational Omni TSLA
BloFin TSLA-USDT
Binance TSLAUSDT
Extended TSLA_24_5-USD
RISEx TSLA/USDC
Phoenix TSLA
GRVT TSLA_USDT_Perp