Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.044%
Price spread now: Lighter RH against Arcus0.000%7-day average +0.059% · 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−$32as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now 0.000%, 7d avg +0.059%
=Together, before fees−0.018%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.059% cheaper against Arcus than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus TSLA-USD | 375.99 | 0.0040 | pay 0.0005% / 1h | 41m 06s | $133K | $106K | 10x |
| Short | Lighter RH TSLA | 375.99 | 0.0032 | get 0.0004% / 1h | 41m 06s | $1.2M | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Arcus. 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
- −$1.74
- Price spread: 0.000% → +0.059%
- −$5.92
- Slippage, 4 orders
- −$21.11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$33.27
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 12 min ago; Lighter RH: live order book, 2 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 Arcus live order book, 12 min ago | 2.66 bp | 10.8 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 2.13 bp | 2.2 bp −$2 | 3.2 bp −$32 | 39.3 bp −$3,931 | 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 | −0.0876% | 4h | 376.26 | +0.073% | $398K | $1.0M | 10x | as long as short |
| BloFin TSLA-USDT | −0.0024% | 8h | 376.11 | +0.032% | $575K | $352K | 20x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.04 | +0.013% | $576K | $195K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 375.96 | −0.009% | $480K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.00 | +0.002% | $47.3M | $111.1M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.05 | +0.016% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.94 | −0.013% | $11.2M | $16.8M | 25x | as long as short |
| RISEx TSLA/USDC | 0.0000% | 1h | 376.11 | +0.033% | $289K | $580K | 20x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.96 | −0.008% | $17.0M | $22.5M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.02 | +0.008% | $1.9M | $1.3M | — | 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 | 376.28 | +0.077% | $200K | $898K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.33 | +0.090% | $1.1M | $14K | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0008% | 1h | 375.87 | −0.032% | $34K | — | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0021% | 1h | 375.98 | −0.004% | $38K | $41K | 10x | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.99 | 0.000% | $818K | $3.6M | 20x | as long as short |
| Lighter RH TSLAshort | +0.0032% | 1h | 375.99 | 0.000% | $1.2M | $2.5M | 20x | |
| QFEX TSLA-USD | +0.0033% | 1h | 376.02 | +0.008% | $1.2M | $6.4M | 10x | as long as short |
| Gate TSLA_USDT | +0.0033% | 8h | 376.05 | +0.016% | $2.3M | $3.5M | 100x | as long as short |
| Arcus TSLA-USDlong | +0.0040% | 1h | 375.99 | long leg | $133K | $106K | 10x | |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.99 | 0.000% | — | $129K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.66 | −0.088% | $44.4M | $14.6M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.86 | −0.035% | $300K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.97 | −0.005% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.97 | −0.005% | $1.6M | $1.1M | 10x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0063% | 8h | 376.35 | +0.096% | $842K | $2.8M | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0080% | 1h | 376.45 | +0.122% | $512K | $330K | 10x | as long as short |
| Bullet TSLA-USD | +0.0090% | 1h | 376.05 | +0.017% | $5K | $90K | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0096% | 1h | 375.91 | −0.021% | $20K | $189K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.94 | −0.013% | $390K | $38K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.90 | −0.024% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.10 | +0.029% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.92 | −0.019% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.00 | +0.003% | $744 | — | 10x | as long as short |
| Nado TSLA-PERP | +0.0206% | 1h | 375.95 | −0.011% | $489K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.23 | +0.330% | $78K | $36K | 30x | as long as short |
| Phoenix TSLA | +0.0276% | 1h | 376.25 | +0.069% | $1.3M | $540K | 20x | as long as short |
Lighter RH TSLA
edgeX TSLAUSDC
BloFin TSLA-USDT
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
RISEx TSLA/USDC
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Lighter TSLA
Gate TSLA_USDT
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
GRVT TSLA_USDT_Perp
Coinbase International TSLA-PERP-INTX
Bullet TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Injective TSLA/USDC PERP
Phoenix TSLA