Funding you earn now, next payment 09:00 UTC+0.0352%/8h= +38.5% APRpaid last 24h +0.203%
Price spread now: Lighter RH against edgeX+0.035%50s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$250.245% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.035%, 7d avg −0.004%
=Together, before fees+0.114%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter RH is 0.040% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% a year). A funding rate is set anew for every payment. 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 | edgeX TSLAUSDC | 375.34 | −0.0320 | get 0.0160% / 4h | 3h 20m | $395K | $1.1M | 10x |
| Short | Lighter RH TSLA | 375.47 | 0.0032 | get 0.0004% / 1h | 20m 40s | $1.2M | $2.5M | 20x |
edgeX TSLAUSDC
Lighter RH TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. 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
- $73.86
- Price spread: +0.035% → −0.004%
- $3.98
- Slippage, 4 orders
- −$15.51
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $53.33
- Costs to cover
- 0.245%
- Break-even
- 1.9 days
Slippage from edgeX: live order book, 3 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 edgeX live order book, 3 min ago | 4.26 bp | 9.0 bp −$9 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.80 bp | 2.9 bp −$3 | 3.8 bp −$38 | 41.1 bp −$4,106 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff TSLA-PERP | −0.1600% | 1h | 375.37 | +0.009% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDClong | −0.0320% | 4h | 375.34 | long leg | $395K | $1.1M | 10x | |
| Aster TSLAUSDT | 0.0000% | 8h | 375.22 | −0.031% | $573K | $200K | 50x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.54 | +0.054% | $10.1M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.65 | +0.083% | $11.2M | $16.9M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.59 | +0.067% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.55 | +0.057% | $17.3M | $23.4M | 100x | as long as short |
| GRVT TSLA_USDT_Perp | 0.0000% | 8h | 375.38 | +0.011% | $845K | $2.9M | 10x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.58 | +0.065% | $199K | $954K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.38 | +0.011% | $18K | $191K | 10x | as long as short |
Hotstuff TSLA-PERP
Aster TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
GRVT TSLA_USDT_Perp
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex TSLAUSDT | 0.0000% | 4h | 375.60 | +0.070% | $1.1M | $15K | 10x | as long as short |
| Aftermath Perps TSLAUSD | +0.0027% | 1h | 374.93 | −0.109% | $38K | $36K | 10x | as long as short |
| Variational Omni TSLA | +0.0030% | 8h | 375.62 | +0.075% | $1.7M | $1.4M | — | as long as short |
| Lighter TSLA | +0.0032% | 1h | 375.47 | +0.035% | $804K | $3.7M | 20x | as long as short |
| Lighter RH TSLAshort | +0.0032% | 1h | 375.47 | +0.035% | $1.2M | $2.5M | 20x | |
| Arcus TSLA-USD | +0.0040% | 1h | 375.40 | +0.017% | $134K | $106K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.59 | +0.067% | — | $126K | 25x | as long as short |
| QFEX TSLA-USD | +0.0048% | 1h | 375.55 | +0.057% | $1.2M | $6.2M | 10x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.25 | −0.023% | $44.5M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.50 | +0.043% | $300K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.59 | +0.067% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.41 | +0.019% | $1.5M | $1.1M | 10x | as long as short |
| Binance TSLAUSDT | +0.0056% | 8h | 375.65 | +0.084% | $47.1M | $115.3M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0056% | 1h | 375.55 | +0.056% | $478K | $2.7M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0062% | 8h | 375.66 | +0.086% | $583K | $360K | 20x | as long as short |
| Bullet TSLA-USD | +0.0098% | 1h | 375.69 | +0.094% | $6K | $92K | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.27 | −0.018% | $389K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.30 | −0.010% | $1.5M | $2.5M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.08 | −0.069% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.60 | +0.070% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.54 | +0.055% | $744 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0160% | 1h | 375.25 | −0.023% | $507K | $364K | 10x | as long as short |
| Nado TSLA-PERP | +0.0177% | 1h | 375.47 | +0.035% | $498K | $112K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.64 | +1.146% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDC | +0.0290% | 1h | 375.57 | +0.063% | $214K | $655K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 375.28 | −0.015% | $1.3M | $507K | 20x | as long as short |
Phemex TSLAUSDT
Aftermath Perps TSLAUSD
Variational Omni TSLA
Lighter TSLA
Arcus TSLA-USD
Vest TSLA-USD-PERP
QFEX TSLA-USD
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
Binance TSLAUSDT
Extended TSLA_24_5-USD
BloFin TSLA-USDT
Bullet TSLA-USD
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
Coinbase International TSLA-PERP-INTX
Nado TSLA-PERP
Injective TSLA/USDC PERP
RISEx TSLA/USDC
Phoenix TSLA