TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0225%/8h= −24.7% APRnext payment −$0.28 per $10,000 · paid last 24h −0.004%

Price spread now: Lighter RH against RISEx−0.076%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$130.131% of the position

Long on RISEx Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.076%, 7d avg −0.028%

Together, before fees+0.066%+ Points / potential airdropLighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter RH is 0.048% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.028%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.010% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx TSLA/USDC	376.18	0.0257	pay 0.0032% / 1h	54m 13s	$214K	$646K	20x
Short	Lighter RH TSLA	375.90	0.0032	get 0.0004% / 1h	54m 13s	$1.3M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against RISEx. 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 RISExbpFee Lighter RHbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$47.28
Price spread: −0.076% → −0.028%: −$4.78
Slippage, 4 orders: −$7.11
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$65.17
Costs to cover: 0.131%
Break-even: never at this rate

Slippage from RISEx: live order book, 49 min ago; Lighter RH: live order book, 4 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 RISEx live order book, 49 min ago	2.00 bp	5.0 bp −$5	5.6 bp −$56	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.33 bp	1.6 bp −$2	2.7 bp −$27	39.3 bp −$3,925	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	−0.0387%	4h	375.96	−0.060%	$398K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0016%	1h	375.79	−0.105%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.99	−0.051%	$574K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.03	−0.041%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.02	−0.044%	$11.2M	$16.9M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.04	−0.038%	$2.3M	$3.4M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.00	−0.049%	$17.2M	$22.8M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.05	−0.037%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.09	−0.025%	$200K	$919K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.08	−0.028%	$1.1M	$14K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin TSLA-USDT	+0.0029%	8h	376.11	−0.020%	$577K	$355K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0030%	1h	375.85	−0.089%	$38K	$37K	10x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	375.90	−0.076%	$1.3M	$2.5M	20x
Extended TSLA_24_5-USD	+0.0032%	1h	375.95	−0.062%	$480K	$2.8M	10x	as long as short
Binance TSLAUSDT	+0.0032%	8h	376.04	−0.038%	$47.1M	$113.4M	25x	as long as short
Arcus TSLA-USD	+0.0040%	1h	375.87	−0.084%	$135K	$108K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	375.96	−0.060%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.76	−0.113%	$44.6M	$14.8M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.80	−0.102%	$300K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.92	−0.070%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.75	−0.115%	$1.6M	$1.1M	10x	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.05	−0.036%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	375.74	−0.118%	$389K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	375.75	−0.115%	$1.4M	$334K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.76	−0.113%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.83	−0.094%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.97	−0.058%	$744	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0176%	1h	375.69	−0.131%	$505K	$350K	10x	as long as short
Lighter TSLA	+0.0176%	1h	375.92	−0.070%	$820K	$3.7M	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	379.54	+0.892%	$79K	$36K	30x	as long as short
GRVT TSLA_USDT_Perp	+0.0249%	8h	376.12	−0.018%	$849K	$2.8M	10x	as long as short
RISEx TSLA/USDClong	+0.0257%	1h	376.18	long leg	$214K	$646K	20x
Bullet TSLA-USD	+0.0272%	1h	376.07	−0.031%	$6K	$90K	10x	as long as short
Nado TSLA-PERP	+0.0285%	1h	375.76	−0.113%	$488K	$111K	20x	as long as short
Phoenix TSLA	+0.0318%	1h	376.10	−0.022%	$1.3M	$525K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0655%	1h	376.00	−0.049%	$18K	$194K	10x	as long as short