TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.027%

Price spread now: Lighter against tradeXYZ+0.064%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$200.204% of the position

Long on tradeXYZ Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.064%, 7d avg +0.035%

Together, before fees−0.071%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.029% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.035%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.014% in total) that is about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:TSLA	375.97	0.0050	pay 0.0006% / 1h	23m 58s	$44.3M	$14.1M	20x
Short	Lighter TSLA	376.21	0.0032	get 0.0004% / 1h	23m 58s	$829K	$3.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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 tradeXYZbpFee LighterbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$3.78
Price spread: +0.064% → +0.035%: $2.91
Slippage, 4 orders: −$2.35
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$21.22
Costs to cover: 0.204%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 5 min ago; Lighter: 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 tradeXYZ live order book, 5 min ago	0.40 bp	9.8 bp −$10	11.4 bp −$114	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	0.13 bp	0.1 bp $0	1.1 bp −$11	25.8 bp −$2,576	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	−0.0600%	4h	376.43	+0.122%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.14	+0.044%	$585K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.07	+0.026%	$477K	$11.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.18	+0.056%	$47.0M	$109.4M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.12	+0.040%	$10.2M	$15.5M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.12	+0.040%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.19	+0.059%	$2.4M	$3.9M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.05	+0.021%	$16.8M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.41	+0.118%	$1.9M	$1.3M	—	as long as short
StandX TSLA-USD	0.0000%	1h	376.44	+0.125%	$200K	$896K	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	376.11	+0.037%	$20K	$186K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.24	+0.072%	$1.1M	$13K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	376.23	+0.070%	$38K	$46K	10x	as long as short
BloFin TSLA-USDT	+0.0025%	8h	376.37	+0.106%	$571K	$339K	20x	as long as short
QFEX TSLA-USD	+0.0028%	1h	376.16	+0.051%	$1.2M	$7.1M	10x	as long as short
Lighter TSLAshort	+0.0032%	1h	376.21	+0.064%	$829K	$3.6M	20x
Lighter RH TSLA	+0.0032%	1h	376.20	+0.061%	$1.2M	$2.6M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.28	+0.082%	$163K	$93K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.26	+0.077%	—	$133K	25x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0048%	1h	375.11	−0.229%	$529K	$307K	10x	as long as short
tradeXYZ xyz:TSLAlong	+0.0050%	1h	375.97	long leg	$44.3M	$14.1M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.08	+0.029%	$298K	$308K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.12	+0.040%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.02	+0.013%	$1.6M	$1.0M	10x	as long as short
RISEx TSLA/USDC	+0.0079%	1h	376.31	+0.090%	$291K	$598K	20x	as long as short
Pacifica TSLA	+0.0100%	1h	376.15	+0.048%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.03	+0.016%	$1.5M	$106K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.22	+0.066%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.19	+0.059%	$41K	$20K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.15	+0.048%	$745	—	10x	as long as short
Bullet TSLA-USD	+0.0107%	1h	376.26	+0.077%	$5K	$92K	10x	as long as short
Nado TSLA-PERP	+0.0136%	1h	376.21	+0.065%	$489K	$112K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0143%	8h	376.49	+0.138%	$846K	$2.7M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.35	+0.367%	$78K	$36K	30x	as long as short
Hotstuff TSLA-PERP	+0.0224%	1h	376.06	+0.024%	$34K	—	20x	as long as short
Phoenix TSLA	+0.0277%	1h	376.64	+0.178%	$1.3M	$547K	20x	as long as short