TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0223%/8h= −24.4% APRnext payment −$0.28 per $10,000 · paid last 24h −0.091%

Price spread now: Lighter RH against Phoenix−0.058%7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$220.222% of the position

Long on Phoenix Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.587%−$59 on $10k

Price spread, last 7 days−0.047%−$5 · spread now −0.058%, 7d avg −0.070%

Together, before fees−0.634%+ Points / potential airdropLighter RH: Points live · farm board−$63 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix TSLA	376.75	0.0255	pay 0.0032% / 1h	16m 40s	$1.3M	$539K	20x
Short	Lighter RH TSLA	376.53	0.0032	get 0.0004% / 1h	16m 40s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee Lighter RHbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$46.75
Price spread: −0.058% → −0.070%: $1.17
Slippage, 4 orders: −$15.18
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$67.76
Costs to cover: 0.222%
Break-even: never at this rate

Slippage from Phoenix: live order book, 2 min ago; Lighter RH: live order book, 1 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 Phoenix live order book, 2 min ago	2.65 bp	9.6 bp −$10	19.1 bp −$191	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.20 bp	1.5 bp −$1	2.7 bp −$27	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	−0.0118%	4h	376.60	−0.041%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0008%	1h	376.31	−0.117%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.63	−0.031%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.48	−0.072%	$481K	$3.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.58	−0.045%	$47.3M	$111.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.67	−0.021%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.53	−0.058%	$11.3M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.62	−0.034%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.54	−0.056%	$17.0M	$23.0M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.67	−0.022%	$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	376.59	−0.042%	$200K	$906K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.43	−0.085%	$20K	$189K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.57	−0.048%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0016%	1h	376.52	−0.062%	$38K	$41K	10x	as long as short
BloFin TSLA-USDT	+0.0020%	8h	376.60	−0.040%	$578K	$352K	20x	as long as short
Lighter TSLA	+0.0032%	1h	376.58	−0.045%	$815K	$3.6M	20x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	376.53	−0.058%	$1.2M	$2.6M	20x
QFEX TSLA-USD	+0.0038%	1h	376.52	−0.061%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.44	−0.082%	$140K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.55	−0.053%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.34	−0.109%	$44.3M	$14.4M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.40	−0.093%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.48	−0.072%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.20	−0.146%	$1.6M	$1.1M	10x	as long as short
Bullet TSLA-USD	+0.0052%	1h	376.63	−0.031%	$4K	$91K	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.080%	$512K	$330K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0058%	8h	376.68	−0.018%	$854K	$2.8M	10x	as long as short
Gate TSLA_USDT	+0.0075%	8h	376.58	−0.045%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.43	−0.086%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.50	−0.066%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.50	−0.066%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.56	−0.050%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.51	−0.064%	$745	—	10x	as long as short
Nado TSLA-PERP	+0.0144%	1h	376.45	−0.079%	$489K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.250%	$79K	$36K	30x	as long as short
Phoenix TSLAlong	+0.0255%	1h	376.75	long leg	$1.3M	$539K	20x