Funding you earn now, next payment 03:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter RH against QFEX+0.011%7-day average +0.006% · 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−$17as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now +0.011%, 7d avg +0.006%
=Together, before fees+0.005%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX TSLA-USD | 377.29 | 0.0019 | pay 0.0002% / 1h | 30m 33s | $1.2M | $6.6M | 10x |
| Short | Lighter RH TSLA | 377.33 | 0.0032 | get 0.0004% / 1h | 30m 33s | $1.2M | $2.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against QFEX. 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
- $2.77
- Price spread: +0.011% → +0.006%
- $0.42
- Slippage, 4 orders
- −$7.14
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$13.95
- Costs to cover
- 0.171%
- Break-even
- 42.2 days
Slippage from QFEX: live order book, 3 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 QFEX live order book, 3 min ago | 1.86 bp | 6.9 bp −$7 | 7.7 bp −$77 | 13.2 bp −$1,323 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.46 bp | 1.8 bp −$2 | 4.0 bp −$40 | 43.8 bp −$4,378 | 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 | −0.0944% | 4h | 377.11 | −0.048% | $398K | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.0032% | 1h | 376.86 | −0.114% | $34K | — | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 377.43 | +0.037% | $578K | $196K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 377.29 | +0.001% | $480K | $7.1M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 377.42 | +0.034% | $47.4M | $110.4M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.30 | +0.003% | $10.3M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.38 | +0.024% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 377.40 | +0.029% | $290K | $599K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 377.23 | −0.016% | $17.1M | $22.9M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 377.22 | −0.019% | $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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT TSLA_USDT_Perp | 0.0000% | 8h | 377.27 | −0.006% | $846K | $2.8M | 10x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 377.26 | −0.008% | $200K | $909K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | 0.0000% | 1h | 377.33 | +0.011% | $513K | $328K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.29 | 0.000% | $1.1M | $15K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0011% | 1h | 377.05 | −0.064% | $38K | $43K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0012% | 8h | 377.37 | +0.021% | $577K | $340K | 20x | as long as short |
| QFEX TSLA-USDlong | +0.0019% | 1h | 377.29 | long leg | $1.2M | $6.6M | 10x | |
| Lighter RH TSLAshort | +0.0032% | 1h | 377.33 | +0.011% | $1.2M | $2.6M | 20x | |
| Lighter TSLA | +0.0040% | 1h | 377.36 | +0.019% | $820K | $3.6M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 377.01 | −0.074% | $162K | $96K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0042% | 1h | 377.16 | −0.034% | $20K | $188K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.30 | +0.003% | — | $130K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 377.11 | −0.048% | $44.4M | $14.3M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 377.20 | −0.024% | $301K | $310K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.25 | −0.011% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.87 | −0.111% | $1.5M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0068% | 1h | 377.41 | +0.032% | $5K | $92K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 377.23 | −0.016% | $391K | $37K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 377.24 | −0.013% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.91 | −0.101% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 377.17 | −0.032% | $41K | $22K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.19 | −0.027% | $747 | — | 10x | as long as short |
| Gate TSLA_USDT | +0.0113% | 8h | 377.35 | +0.016% | $2.3M | $3.7M | 100x | as long as short |
| Nado TSLA-PERP | +0.0143% | 1h | 377.20 | −0.023% | $490K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 378.09 | +0.212% | $79K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0254% | 1h | 377.28 | −0.003% | $1.3M | $539K | 20x | as long as short |
Lighter RH TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
GRVT TSLA_USDT_Perp
StandX TSLA-USD
Coinbase International TSLA-PERP-INTX
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
BloFin TSLA-USDT
Lighter TSLA
Deribit TSLA_USDC-PERPETUAL
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Gate TSLA_USDT
Injective TSLA/USDC PERP
Phoenix TSLA