Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: QFEX against Lighter RH+0.003%7-day average −0.006% · 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−$14as in the Price arb table
costs, in and out, $10k−$150.150% of the position
Funding, last 4 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.003%, 7d avg −0.006%
=Together, before fees−0.064%+ 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 −0.006%, so right now this pair is about funding alone: $0 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 | 375.67 | 0.0032 | pay 0.0004% / 1h | 40m 55s | $1.2M | $2.5M | 20x |
| Short | QFEX TSLA-USD | 375.68 | 0.0048 | get 0.0006% / 1h | 40m 55s | $1.2M | $6.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $3.33
- Price spread: +0.003% → −0.006%
- $0.91
- Slippage, 4 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$10.77
- Costs to cover
- 0.150%
- Break-even
- 29.7 days
Slippage from Lighter RH: live order book, 2 min ago; QFEX: live order book, 8 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, 2 min ago | 1.06 bp | 1.2 bp −$1 | 5.1 bp −$51 | 42.7 bp −$4,274 | doesn't fit |
| Sell QFEX live order book, 8 min ago | 1.33 bp | 6.3 bp −$6 | 6.5 bp −$65 | 11.5 bp −$1,145 | 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 | −0.0335% | 4h | 376.12 | +0.120% | $398K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.68 | +0.003% | $10.2M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.69 | +0.005% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.69 | +0.005% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.65 | −0.005% | $17.3M | $23.0M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.90 | +0.061% | $199K | $929K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.57 | −0.027% | $18K | $190K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.79 | +0.032% | $1.1M | $14K | 10x | as long as short |
| Aster TSLAUSDT | +0.0012% | 8h | 375.89 | +0.059% | $574K | $200K | 50x | as long as short |
| Aftermath Perps TSLAUSD | +0.0029% | 1h | 375.75 | +0.021% | $38K | $36K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSLA | +0.0032% | 1h | 375.66 | −0.003% | $804K | $3.7M | 20x | as long as short |
| Lighter RH TSLAlong | +0.0032% | 1h | 375.67 | long leg | $1.2M | $2.5M | 20x | |
| Arcus TSLA-USD | +0.0040% | 1h | 375.56 | −0.029% | $134K | $107K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.70 | +0.008% | — | $126K | 25x | as long as short |
| QFEX TSLA-USDshort | +0.0048% | 1h | 375.68 | +0.003% | $1.2M | $6.2M | 10x | |
| Variational Omni TSLA | +0.0050% | 8h | 376.08 | +0.110% | $1.8M | $1.3M | — | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.50 | −0.045% | $44.5M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.48 | −0.051% | $300K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.66 | −0.003% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.63 | −0.011% | $1.6M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0059% | 1h | 375.73 | +0.017% | $6K | $92K | 10x | as long as short |
| Extended TSLA_24_5-USD | +0.0072% | 1h | 375.65 | −0.004% | $483K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0074% | 8h | 375.75 | +0.021% | $47.0M | $114.4M | 25x | as long as short |
| BloFin TSLA-USDT | +0.0087% | 8h | 375.79 | +0.032% | $580K | $358K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.55 | −0.032% | $389K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.67 | 0.000% | $1.5M | $2.2M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.02 | +0.093% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.55 | −0.032% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.66 | −0.002% | $744 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0106% | 8h | 375.91 | +0.064% | $850K | $2.9M | 10x | as long as short |
| Nado TSLA-PERP | +0.0145% | 1h | 375.58 | −0.025% | $497K | $116K | 20x | as long as short |
| Hotstuff TSLA-PERP | +0.0152% | 1h | 375.90 | +0.061% | $34K | — | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0160% | 1h | 375.49 | −0.048% | $506K | $356K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.64 | +1.057% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDC | +0.0290% | 1h | 375.82 | +0.040% | $215K | $653K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 376.13 | +0.122% | $1.3M | $507K | 20x | as long as short |
Lighter RH TSLA
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aster TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Variational Omni TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
Extended TSLA_24_5-USD
Binance TSLAUSDT
BloFin TSLA-USDT
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
RISEx TSLA/USDC
Phoenix TSLA