Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against Lighter RH−0.061%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now −0.061%, 7d avg −0.040%
=Together, before fees+0.113%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.021% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.040%). If the spread goes back, that is −$2 on $10k: about 3.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH TSLA | 375.91 | 0.0032 | pay 0.0004% / 1h | 39m 36s | $1.2M | $2.5M | 20x |
| Short | tradeXYZ xyz:TSLA | 375.68 | 0.0050 | get 0.0006% / 1h | 39m 36s | $44.4M | $14.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.061% → −0.040%
- −$2.08
- Slippage, 4 orders
- −$7.13
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$23.43
- Costs to cover
- 0.251%
- Break-even
- 50.4 days
Slippage from Lighter RH: live order book, 3 min ago; tradeXYZ: live order book, 10 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 | 2.13 bp | 2.9 bp −$3 | 6.4 bp −$64 | 49.6 bp −$4,962 | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.13 bp | 10.1 bp −$10 | 12.1 bp −$121 | 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 | −0.0495% | 4h | 376.08 | +0.044% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0024% | 8h | 376.11 | +0.053% | $575K | $352K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.99 | +0.021% | $576K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.86 | −0.012% | $480K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.96 | +0.013% | $47.3M | $111.1M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.04 | +0.035% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.91 | 0.000% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 375.96 | +0.014% | $289K | $580K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.89 | −0.005% | $17.0M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.02 | +0.029% | $1.9M | $1.3M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 376.04 | +0.035% | $200K | $897K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.30 | +0.104% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0021% | 1h | 375.93 | +0.004% | $38K | $41K | 10x | as long as short |
| Gate TSLA_USDT | +0.0030% | 8h | 375.98 | +0.019% | $2.3M | $3.5M | 100x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.91 | 0.000% | $818K | $3.6M | 20x | as long as short |
| Lighter RH TSLAlong | +0.0032% | 1h | 375.91 | long leg | $1.2M | $2.5M | 20x | |
| Hotstuff TSLA-PERP | +0.0032% | 1h | 375.64 | −0.072% | $34K | — | 20x | as long as short |
| QFEX TSLA-USD | +0.0033% | 1h | 375.93 | +0.005% | $1.2M | $6.4M | 10x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.85 | −0.016% | $133K | $106K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.91 | 0.000% | — | $129K | 25x | as long as short |
| tradeXYZ xyz:TSLAshort | +0.0050% | 1h | 375.68 | −0.061% | $44.4M | $14.6M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.84 | −0.019% | $300K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.90 | −0.003% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.67 | −0.064% | $1.6M | $1.1M | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0065% | 8h | 376.04 | +0.036% | $854K | $2.8M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0080% | 1h | 376.45 | +0.144% | $512K | $330K | 10x | as long as short |
| Bullet TSLA-USD | +0.0094% | 1h | 376.00 | +0.024% | $5K | $90K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.78 | −0.034% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.82 | −0.024% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.10 | +0.051% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.73 | −0.048% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.92 | +0.002% | $744 | — | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0123% | 1h | 375.84 | −0.019% | $20K | $189K | 10x | as long as short |
| Nado TSLA-PERP | +0.0210% | 1h | 375.81 | −0.027% | $489K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.23 | +0.351% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0276% | 1h | 376.25 | +0.090% | $1.3M | $540K | 20x | as long as short |
Lighter RH TSLA
tradeXYZ xyz:TSLA
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Gate TSLA_USDT
Lighter TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
Injective TSLA/USDC PERP
Phoenix TSLA