TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.012%

Price spread now: Coinbase International against Lighter−0.252%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$180.178% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.252%, 7d avg −0.084%

Together, before fees+0.218%+ Points / potential airdropLighter: Season 3 · farm board+$22 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: Coinbase International is 0.168% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TSLA	376.64	0.0168	pay 0.0021% / 1h	34m 55s	$822K	$3.7M	20x
Short	Coinbase International TSLA-PERP-INTX	375.69	0.0176	get 0.0022% / 1h	34m 55s	$505K	$350K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. 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 LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.252%Rate

Funding earned: $1.68
Price spread: −0.252% → −0.084%: −$16.8
Slippage, 4 orders: −$7.79
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$32.9
Costs to cover: 0.178%
Break-even: 144.1 days

Slippage from Lighter: live order book, 8 min ago; Coinbase International: 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 Lighter live order book, 8 min ago	0.13 bp	1.8 bp −$2	3.1 bp −$31	52.9 bp −$5,290	doesn't fit
Sell Coinbase International live order book, 3 min ago	2.79 bp	7.8 bp −$8	10.6 bp −$106	doesn't fit	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	−0.0608%	4h	376.65	+0.002%	$398K	$1.0M	10x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.43	−0.057%	$575K	$200K	50x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.71	+0.019%	$10.2M	$15.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.60	−0.011%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	376.62	−0.005%	$2.3M	$3.5M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.64	0.000%	$17.2M	$22.8M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	376.41	−0.061%	$200K	$922K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.69	+0.013%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0031%	1h	376.54	−0.026%	$38K	$37K	10x	as long as short
Lighter RH TSLA	+0.0032%	1h	376.62	−0.005%	$1.3M	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TSLA	+0.0036%	8h	376.58	−0.016%	$1.9M	$1.3M	—	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.47	−0.045%	$135K	$108K	10x	as long as short
BloFin TSLA-USDT	+0.0045%	8h	376.74	+0.027%	$577K	$356K	20x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.57	−0.019%	—	$119K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.42	−0.058%	$44.6M	$14.9M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	376.46	−0.048%	$301K	$304K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.63	−0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.27	−0.098%	$1.6M	$1.1M	10x	as long as short
Extended TSLA_24_5-USD	+0.0064%	1h	376.62	−0.005%	$480K	$2.7M	10x	as long as short
Binance TSLAUSDT	+0.0066%	8h	376.72	+0.022%	$47.1M	$113.5M	25x	as long as short
QFEX TSLA-USD	+0.0067%	1h	376.54	−0.027%	$1.2M	$6.2M	10x	as long as short
Pacifica TSLA	+0.0100%	1h	376.30	−0.091%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.44	−0.053%	$1.5M	$335K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.39	−0.066%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.35	−0.077%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.63	−0.002%	$746	—	10x	as long as short
Hotstuff TSLA-PERP	+0.0112%	1h	376.44	−0.053%	$34K	—	20x	as long as short
Lighter TSLAlong	+0.0168%	1h	376.64	long leg	$822K	$3.7M	20x
Coinbase International TSLA-PERP-INTXshort	+0.0176%	1h	375.69	−0.252%	$505K	$350K	10x
Injective TSLA/USDC PERP	+0.0220%	1h	379.80	+0.839%	$79K	$36K	30x	as long as short
RISEx TSLA/USDC	+0.0257%	1h	376.74	+0.025%	$215K	$651K	20x	as long as short
Bullet TSLA-USD	+0.0266%	1h	376.64	0.000%	$6K	$91K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0278%	8h	376.78	+0.037%	$851K	$2.8M	10x	as long as short
Nado TSLA-PERP	+0.0282%	1h	376.36	−0.073%	$489K	$111K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0388%	1h	376.59	−0.013%	$18K	$195K	10x	as long as short
Phoenix TSLA	+0.0404%	1h	376.85	+0.056%	$1.3M	$525K	20x	as long as short