Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Deribit+0.053%7-day average +0.011% · 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−$13as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 5 days (all we have)−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.053%, 7d avg +0.011%
=Together, before fees−0.154%+ Points / potential airdropLighter RH: Points live · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.042% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%. Mind the row above: over the last 5 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TSLA_USDC-PERPETUAL | 376.83 | 0 | get 0.0000% / 1h | 9m 08s | $18K | $191K | 10x |
| Short | Lighter RH TSLA | 377.03 | 0.0032 | get 0.0004% / 1h | 9m 08s | $1.2M | $2.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Deribit. 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
- $6.72
- Price spread: +0.053% → +0.011%
- $4.17
- Slippage, 4 orders
- −$10.07
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$6.18
- Costs to cover
- 0.171%
- Break-even
- 13.4 days
Slippage from Deribit: live order book, 42 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 Deribit live order book, 42 min ago | 3.19 bp | 6.7 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.72 bp | 1.8 bp −$2 | 2.6 bp −$26 | 42.0 bp −$4,204 | doesn't fit |
TSLA on 36 exchanges
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 | −0.0618% | 4h | 377.00 | +0.044% | $397K | $1.0M | 10x | as long as short |
| Hotstuff TSLA-PERP | −0.0048% | 1h | 376.79 | −0.011% | $34K | — | 20x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 377.11 | +0.074% | $10.1M | $14.0M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 377.11 | +0.074% | $11.3M | $15.4M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 377.14 | +0.082% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 377.11 | +0.074% | $17.2M | $23.7M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.83 | 0.000% | $200K | $958K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUALlong | 0.0000% | 1h | 376.83 | long leg | $18K | $191K | 10x | |
| Phemex TSLAUSDT | 0.0000% | 4h | 377.08 | +0.066% | $1.1M | $14K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0024% | 1h | 376.77 | −0.016% | $38K | $36K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSLAshort | +0.0032% | 1h | 377.03 | +0.053% | $1.2M | $2.5M | 20x | |
| Arcus TSLA-USD | +0.0040% | 1h | 376.89 | +0.016% | $132K | $85K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 377.02 | +0.050% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.85 | +0.005% | $44.7M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.86 | +0.008% | $301K | $132K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 377.03 | +0.053% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.60 | −0.061% | $1.5M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0053% | 1h | 376.98 | +0.040% | $1.3M | $6.2M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.80 | −0.008% | $391K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.82 | −0.003% | $1.4M | $3.5M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.80 | −0.008% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.87 | +0.011% | $41K | $25K | 20x | as long as short |
| Lighter TSLA | +0.0104% | 1h | 377.05 | +0.058% | $806K | $3.7M | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 377.09 | +0.069% | $747 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0120% | 1h | 376.58 | −0.066% | $517K | $387K | 10x | as long as short |
| Aster TSLAUSDT | +0.0143% | 8h | 377.01 | +0.048% | $575K | $190K | 50x | as long as short |
| BloFin TSLA-USDT | +0.0171% | 8h | 377.11 | +0.074% | $584K | $367K | 20x | as long as short |
| RISEx TSLA/USDC | +0.0175% | 1h | 377.11 | +0.075% | $226K | $656K | 20x | as long as short |
| Variational Omni TSLA | +0.0181% | 8h | 376.98 | +0.040% | $1.7M | $1.5M | — | as long as short |
| Extended TSLA_24_5-USD | +0.0200% | 1h | 377.00 | +0.045% | $484K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0200% | 8h | 377.13 | +0.080% | $47.3M | $114.8M | 25x | as long as short |
| Bullet TSLA-USD | +0.0210% | 1h | 377.13 | +0.080% | $5K | $93K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.45 | +0.165% | $74K | $41K | 30x | as long as short |
| Nado TSLA-PERP | +0.0234% | 1h | 376.87 | +0.010% | $500K | $99K | 20x | as long as short |
| Phoenix TSLA | +0.0297% | 1h | 377.01 | +0.048% | $1.3M | $502K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0636% | 8h | 377.20 | +0.097% | $850K | $2.9M | 10x | as long as short |
Deribit TSLA_USDC-PERPETUAL
Lighter RH TSLA
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Lighter TSLA
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
BloFin TSLA-USDT
RISEx TSLA/USDC
Variational Omni TSLA
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bullet TSLA-USD
Injective TSLA/USDC PERP
Phoenix TSLA
GRVT TSLA_USDT_Perp