TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.094%

Price spread now: Phoenix against Lighter RH−0.024%7-day average +0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs+$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on Lighter RH Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.595%+$60 on $10k

Price spread, last 7 days+0.139%+$14 · spread now −0.024%, 7d avg +0.071%

Together, before fees+0.735%+ Points / potential airdropLighter RH: Points live · farm board+$73 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.095% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.071%). If the spread goes back, that is −$10 on $10k: about 34 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH TSLA	377.01	0.0032	pay 0.0004% / 1h	40m 19s	$1.2M	$2.6M	20x
Short	Phoenix TSLA	376.92	0.0255	get 0.0032% / 1h	40m 19s	$1.3M	$539K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 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 Lighter RHbpFee PhoenixbpOrdersPrice spread, now −0.024%Rate

Funding earned: $46.75
Price spread: −0.024% → +0.071%: −$9.54
Slippage, 4 orders: −$18.88
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $11.34
Costs to cover: 0.259%
Break-even: 5.3 days

Slippage from Lighter RH: live order book, 3 min ago; Phoenix: live order book, 2 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	2.12 bp	2.2 bp −$2	5.1 bp −$51	42.2 bp −$4,218	doesn't fit
Sell Phoenix live order book, 2 min ago	3.18 bp	10.7 bp −$11	22.2 bp −$222	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	−0.0735%	4h	376.86	−0.041%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0027%	8h	376.98	−0.008%	$576K	$341K	20x	as long as short
Coinbase International TSLA-PERP-INTX	−0.0016%	1h	376.58	−0.114%	$512K	$327K	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.95	−0.017%	$577K	$195K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.86	−0.040%	$479K	$10.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.96	−0.013%	$47.2M	$109.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.03	+0.005%	$10.3M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.88	−0.034%	$11.2M	$16.7M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.99	−0.005%	$292K	$598K	20x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.93	−0.021%	$2.4M	$3.8M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget TSLAUSDT	0.0000%	8h	376.87	−0.037%	$16.9M	$22.7M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.93	−0.022%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	377.00	−0.003%	$200K	$906K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	376.97	−0.011%	$6K	$93K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.85	−0.042%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.97	−0.011%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.86	−0.039%	$38K	$45K	10x	as long as short
QFEX TSLA-USD	+0.0023%	1h	376.87	−0.037%	$1.2M	$6.7M	10x	as long as short
Lighter TSLA	+0.0032%	1h	376.98	−0.008%	$829K	$3.6M	20x	as long as short
Lighter RH TSLAlong	+0.0032%	1h	377.01	long leg	$1.2M	$2.6M	20x
Arcus TSLA-USD	+0.0040%	1h	376.79	−0.058%	$163K	$93K	10x	as long as short
tradeXYZ xyz:TSLA	+0.0044%	1h	376.76	−0.066%	$44.3M	$14.1M	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.05	+0.011%	—	$130K	25x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.79	−0.058%	$301K	$310K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.90	−0.029%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.79	−0.058%	$1.5M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0085%	8h	377.01	0.000%	$852K	$2.8M	10x	as long as short
Hotstuff TSLA-PERP	+0.0088%	1h	376.73	−0.074%	$34K	—	20x	as long as short
Nado TSLA-PERP	+0.0091%	1h	376.90	−0.029%	$490K	$112K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.87	−0.037%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.57	−0.117%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.94	−0.019%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.93	−0.021%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.88	−0.034%	$746	—	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.50	+0.130%	$78K	$36K	30x	as long as short
Phoenix TSLAshort	+0.0255%	1h	376.92	−0.024%	$1.3M	$539K	20x