Funding you earn now, next payment 11:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Ondo Perps+0.045%7-day average +0.065% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now +0.045%, 7d avg +0.065%
=Together, before fees+0.070%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.020% cheaper against Ondo Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.065%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps TSLA-USD.P | 377.92 | 0.0050 | pay 0.0006% / 1h | 27m 38s | $1.5M | $1.2M | 10x |
| Short | Lighter RH TSLA | 378.09 | 0.0032 | get 0.0004% / 1h | 27m 38s | $1.2M | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Ondo Perps. 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
- −$3.86
- Price spread: +0.045% → +0.065%
- −$2.02
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$10.89
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 3 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 3 min ago | 2.78 bp | 2.8 bp −$3 | 4.0 bp −$40 | 45.9 bp −$4,592 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.008% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDC | −0.0528% | 4h | 378.10 | +0.047% | $399K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 378.18 | +0.069% | $10.2M | $14.2M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 378.16 | +0.064% | $11.3M | $15.6M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 378.18 | +0.069% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 378.19 | +0.071% | $17.3M | $24.2M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.94 | +0.005% | $201K | $985K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 377.95 | +0.008% | $18K | $189K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 378.23 | +0.082% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 377.92 | 0.000% | $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 TSLAshort | +0.0032% | 1h | 378.09 | +0.045% | $1.2M | $2.5M | 20x | |
| Injective TSLA/USDC PERP | +0.0033% | 1h | 377.45 | −0.124% | $74K | $41K | 30x | as long as short |
| Arcus TSLA-USD | +0.0044% | 1h | 377.89 | −0.008% | $133K | $85K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 378.09 | +0.045% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 377.88 | −0.011% | $44.8M | $14.9M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.96 | +0.011% | $301K | $134K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 378.12 | +0.053% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.Plong | +0.0050% | 1h | 377.92 | long leg | $1.5M | $1.2M | 10x | |
| QFEX TSLA-USD | +0.0051% | 1h | 378.09 | +0.045% | $1.2M | $6.2M | 10x | as long as short |
| Lighter TSLA | +0.0072% | 1h | 378.11 | +0.050% | $808K | $3.6M | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.86 | −0.016% | $392K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 377.82 | −0.026% | $1.4M | $4.1M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 377.92 | 0.000% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.96 | +0.011% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 378.18 | +0.068% | $749 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 377.89 | −0.008% | $519K | $384K | 10x | as long as short |
| Aster TSLAUSDT | +0.0121% | 8h | 378.29 | +0.098% | $576K | $200K | 50x | as long as short |
| Bullet TSLA-USD | +0.0143% | 1h | 378.21 | +0.077% | $5K | $94K | 10x | as long as short |
| Variational Omni TSLA | +0.0146% | 8h | 377.99 | +0.018% | $1.7M | $1.5M | — | as long as short |
| BloFin TSLA-USDT | +0.0160% | 8h | 378.21 | +0.077% | $590K | $375K | 20x | as long as short |
| Extended TSLA_24_5-USD | +0.0176% | 1h | 378.08 | +0.043% | $486K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0176% | 8h | 378.21 | +0.077% | $47.5M | $115.1M | 25x | as long as short |
| Nado TSLA-PERP | +0.0186% | 1h | 377.94 | +0.004% | $501K | $99K | 20x | as long as short |
| RISEx TSLA/USDC | +0.0351% | 1h | 378.21 | +0.077% | $229K | $634K | 20x | as long as short |
| Phoenix TSLA | +0.0360% | 1h | 378.21 | +0.077% | $1.3M | $484K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0421% | 8h | 378.13 | +0.055% | $847K | $2.9M | 10x | 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
Aftermath Perps TSLAUSD
Injective TSLA/USDC PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Bullet TSLA-USD
Variational Omni TSLA
BloFin TSLA-USDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
RISEx TSLA/USDC
Phoenix TSLA
GRVT TSLA_USDT_Perp