Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter RH against Pacifica+0.017%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.017%, 7d avg +0.028%
=Together, before fees−0.124%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica TSLA | 376.08 | 0.0100 | pay 0.0013% / 1h | 34m 58s | $389K | $38K | 10x |
| Short | Lighter RH TSLA | 376.14 | 0.0032 | get 0.0004% / 1h | 34m 58s | $1.2M | $2.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- −$14.28
- Price spread: +0.017% → +0.028%
- −$1.18
- Slippage, 4 orders
- −$16.23
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$39.69
- Costs to cover
- 0.242%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 38 min ago; Lighter RH: 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 Pacifica live order book, 38 min ago | 2.13 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.73 bp | 2.0 bp −$2 | 3.7 bp −$37 | 39.0 bp −$3,895 | 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 | −0.0382% | 4h | 375.97 | −0.028% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.99 | −0.024% | $585K | $191K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.01 | −0.017% | $477K | $11.5M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.12 | +0.011% | $47.0M | $109.4M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.13 | +0.014% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.06 | −0.005% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.06 | −0.005% | $2.3M | $3.9M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.02 | −0.015% | $16.8M | $22.6M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.19 | +0.029% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.25 | +0.046% | $200K | $893K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.08 | +0.001% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.10 | +0.006% | $1.1M | $13K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0009% | 1h | 375.90 | −0.048% | $38K | $47K | 10x | as long as short |
| QFEX TSLA-USD | +0.0028% | 1h | 376.01 | −0.018% | $1.2M | $7.1M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0029% | 8h | 376.15 | +0.019% | $571K | $339K | 20x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 376.09 | +0.003% | $702K | $3.4M | 20x | as long as short |
| Lighter RH TSLAshort | +0.0032% | 1h | 376.14 | +0.017% | $1.2M | $2.6M | 20x | |
| Arcus TSLA-USD | +0.0040% | 1h | 376.01 | −0.018% | $163K | $93K | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0044% | 8h | 376.12 | +0.011% | $845K | $2.8M | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.13 | +0.014% | — | $133K | 25x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0048% | 1h | 375.11 | −0.257% | $529K | $307K | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.89 | −0.050% | $44.2M | $14.2M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.94 | −0.037% | $298K | $308K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.04 | −0.010% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.85 | −0.060% | $1.6M | $1.0M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0079% | 1h | 376.19 | +0.031% | $291K | $598K | 20x | as long as short |
| Pacifica TSLAlong | +0.0100% | 1h | 376.08 | long leg | $389K | $38K | 10x | |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.80 | −0.074% | $1.5M | $106K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.06 | −0.005% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.12 | +0.011% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.06 | −0.005% | $745 | — | 10x | as long as short |
| Bullet TSLA-USD | +0.0131% | 1h | 376.12 | +0.011% | $5K | $91K | 10x | as long as short |
| Nado TSLA-PERP | +0.0135% | 1h | 376.05 | −0.008% | $489K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.22 | +0.304% | $78K | $36K | 30x | as long as short |
| Hotstuff TSLA-PERP | +0.0224% | 1h | 375.99 | −0.023% | $34K | — | 20x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 376.32 | +0.064% | $1.3M | $547K | 20x | as long as short |
Pacifica TSLA
Lighter RH TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Lighter TSLA
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
RISEx TSLA/USDC
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Bullet TSLA-USD
Injective TSLA/USDC PERP
Phoenix TSLA