Funding you earn now, next payment 03:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h +0.020%
Price spread now: Lighter against Nado+0.054%7-day average +0.019% · 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−$23as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now +0.054%, 7d avg +0.019%
=Together, before fees+0.273%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.035% dearer against Nado than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.019%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 3 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado TSLA-PERP | 376.95 | 0.0190 | pay 0.0024% / 1h | 4m 57s | $490K | $112K | 20x |
| Short | Lighter TSLA | 377.15 | 0.0056 | get 0.0007% / 1h | 4m 57s | $820K | $3.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- −$28.04
- Price spread: +0.054% → +0.019%
- $3.51
- Slippage, 4 orders
- −$19.81
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$51.35
- Costs to cover
- 0.268%
- Break-even
- never at this rate
Slippage from Nado: live order book, 58 min ago; Lighter: live order book, 3 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 Nado live order book, 58 min ago | 4.51 bp | 10.8 bp −$11 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.80 bp | 0.9 bp −$1 | 2.2 bp −$22 | 72.5 bp −$7,249 | 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 | −0.0824% | 4h | 377.09 | +0.039% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0013% | 8h | 377.19 | +0.065% | $577K | $354K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 377.21 | +0.070% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.08 | +0.037% | $484K | $5.9M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.18 | +0.062% | $47.4M | $110.9M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.25 | +0.081% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.11 | +0.043% | $11.2M | $16.9M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.20 | +0.068% | $290K | $586K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 377.10 | +0.041% | $17.1M | $22.9M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.03 | +0.023% | $1.9M | $1.4M | — | 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 | 377.16 | +0.057% | $200K | $909K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.97 | +0.006% | $20K | $188K | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | 0.0000% | 1h | 377.04 | +0.025% | $513K | $331K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.19 | +0.065% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0015% | 1h | 377.09 | +0.037% | $38K | $43K | 10x | as long as short |
| QFEX TSLA-USD | +0.0019% | 1h | 377.12 | +0.046% | $1.2M | $6.6M | 10x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 377.12 | +0.046% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.94 | −0.002% | $162K | $96K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.09 | +0.038% | — | $130K | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0048% | 1h | 376.80 | −0.039% | $34K | — | 20x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.86 | −0.023% | $44.3M | $14.3M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.07 | +0.033% | $301K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.10 | +0.041% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.82 | −0.033% | $1.6M | $1.1M | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0055% | 8h | 377.19 | +0.064% | $846K | $2.8M | 10x | as long as short |
| Lighter TSLAshort | +0.0056% | 1h | 377.15 | +0.054% | $820K | $3.6M | 20x | |
| Bullet TSLA-USD | +0.0098% | 1h | 377.18 | +0.062% | $5K | $92K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.01 | +0.017% | $391K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.96 | +0.004% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.89 | −0.015% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.11 | +0.043% | $41K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.09 | +0.039% | $747 | — | 10x | as long as short |
| Gate TSLA_USDT | +0.0129% | 8h | 377.16 | +0.057% | $2.3M | $3.7M | 100x | as long as short |
| Nado TSLA-PERPlong | +0.0190% | 1h | 376.95 | long leg | $490K | $112K | 20x | |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.16 | +0.322% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0254% | 1h | 377.09 | +0.038% | $1.3M | $539K | 20x | as long as short |
Lighter 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
Deribit TSLA_USDC-PERPETUAL
Coinbase International TSLA-PERP-INTX
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Gate TSLA_USDT
Injective TSLA/USDC PERP
Phoenix TSLA