Funding you earn now, next payment 23:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.027%
Price spread now: Lighter against Polymarket Perps+0.040%45s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$170.167% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.040%, 7d avg +0.042%
=Together, before fees+0.007%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps TSLA-USD | 374.88 | 0.0050 | pay 0.0006% / 1h | 15m 39s | $297K | $292K | 10x |
| Short | Lighter TSLA | 375.03 | 0.0032 | get 0.0004% / 1h | 15m 39s | $648K | $3.3M | 20x |
Polymarket Perps TSLA-USD
Lighter TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket 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
- −$3.78
- Price spread: +0.040% → +0.042%
- −$0.23
- Slippage, 4 orders
- −$8.71
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$20.72
- Costs to cover
- 0.167%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 1 min ago; Lighter: live order book, 7 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 Polymarket Perps live order book, 1 min ago | 2.53 bp | 6.8 bp −$7 | 7.8 bp −$78 | 9.0 bp −$897 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.13 bp | 2.2 bp −$2 | 3.4 bp −$34 | 58.9 bp −$5,887 | 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 | −0.0768% | 4h | 375.04 | +0.043% | $397K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 375.05 | +0.046% | $584K | $191K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 374.94 | +0.017% | $477K | $10.6M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 375.03 | +0.039% | $46.8M | $109.9M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.16 | +0.075% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.07 | +0.051% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 375.15 | +0.073% | $175K | $529K | 20x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.04 | +0.043% | $2.3M | $4.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 374.96 | +0.021% | $16.6M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.19 | +0.082% | $1.8M | $1.2M | — | as long as short |
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLAShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX TSLA-USD | 0.0000% | 1h | 375.11 | +0.061% | $199K | $897K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 374.93 | +0.013% | $20K | $186K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.09 | +0.056% | $1.1M | $13K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0006% | 8h | 375.06 | +0.048% | $568K | $341K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0015% | 1h | 375.00 | +0.031% | $38K | $49K | 10x | as long as short |
| QFEX TSLA-USD | +0.0030% | 1h | 375.01 | +0.035% | $1.2M | $7.2M | 10x | as long as short |
| Lighter TSLAshort | +0.0032% | 1h | 375.03 | +0.040% | $648K | $3.3M | 20x | |
| Lighter RH TSLA | +0.0032% | 1h | 375.07 | +0.051% | $1.2M | $2.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 374.95 | +0.019% | $153K | $84K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 374.99 | +0.029% | — | $133K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 374.84 | −0.011% | $43.5M | $14.1M | 20x | as long as short |
| Polymarket Perps TSLA-USDlong | +0.0050% | 1h | 374.88 | long leg | $297K | $292K | 10x | |
| SoDEX TSLA-USD | +0.0050% | 1h | 374.99 | +0.029% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 374.81 | −0.019% | $1.6M | $1.0M | 10x | as long as short |
| Bullet TSLA-USD | +0.0053% | 1h | 375.06 | +0.048% | $6K | $90K | 10x | as long as short |
| Nado TSLA-PERP | +0.0062% | 1h | 374.90 | +0.007% | $484K | $90K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 374.86 | −0.006% | $389K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 374.90 | +0.005% | $1.5M | $160K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.05 | +0.045% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 374.90 | +0.005% | $41K | $20K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 374.99 | +0.029% | $742 | — | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0122% | 8h | 375.25 | +0.098% | $847K | $2.7M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0128% | 1h | 375.11 | +0.061% | $529K | $332K | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0136% | 1h | 374.83 | −0.013% | $34K | — | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 376.16 | +0.341% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0277% | 1h | 375.32 | +0.117% | $1.3M | $522K | 20x | as long as short |
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
BloFin TSLA-USDT
Aftermath Perps TSLAUSD
QFEX TSLA-USD
Lighter RH TSLA
Arcus TSLA-USD
Vest TSLA-USD-PERP
tradeXYZ xyz:TSLA
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Bullet TSLA-USD
Nado TSLA-PERP
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Hotstuff TSLA-PERP
Injective TSLA/USDC PERP
Phoenix TSLA