Funding you earn now, next payment 06:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.008%
Price spread now: Pacifica against Lighter−0.051%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.051%, 7d avg −0.026%
=Together, before fees+0.100%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.025% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter TSLA | 376.16 | 0.0136 | pay 0.0017% / 1h | 45m 59s | $836K | $3.6M | 20x |
| Short | Pacifica TSLA | 375.97 | 0.0100 | get 0.0013% / 1h | 45m 59s | $390K | $37K | 10x |
Lighter TSLA
Pacifica TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Lighter. 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
- −$7.56
- Price spread: −0.051% → −0.026%
- −$2.51
- Slippage, 4 orders
- −$12.23
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$30.3
- Costs to cover
- 0.202%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Pacifica: 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 Lighter live order book, 6 min ago | 0.67 bp | 0.8 bp −$1 | 1.9 bp −$19 | 24.8 bp −$2,481 | doesn't fit |
| Sell Pacifica live order book, 2 min ago | 0.53 bp | 14.2 bp −$14 | doesn't fit | 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 | −0.0899% | 4h | 376.13 | −0.008% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.25 | +0.024% | $576K | $198K | 50x | as long as short |
| Extended TSLA_24_5-USD | 0.0000% | 1h | 376.07 | −0.024% | $479K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | 0.0000% | 8h | 376.18 | +0.004% | $47.0M | $112.5M | 25x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.01 | −0.040% | $10.2M | $15.4M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.17 | +0.003% | $11.2M | $16.9M | 25x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.13 | −0.008% | $17.1M | $22.7M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 376.15 | −0.003% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.26 | +0.027% | $200K | $917K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.14 | −0.005% | $1.1M | $14K | 10x | as long as short |
edgeX TSLAUSDC
Aster TSLAUSDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TSLA-USDT | +0.0018% | 8h | 376.22 | +0.016% | $577K | $353K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0020% | 1h | 375.98 | −0.048% | $38K | $40K | 10x | as long as short |
| Gate TSLA_USDT | +0.0023% | 8h | 376.22 | +0.016% | $2.3M | $3.5M | 100x | as long as short |
| Lighter RH TSLA | +0.0032% | 1h | 376.10 | −0.016% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.91 | −0.066% | $135K | $107K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.13 | −0.008% | — | $128K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.87 | −0.077% | $44.5M | $14.7M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.05 | −0.029% | $300K | $309K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.12 | −0.011% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.94 | −0.058% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 376.20 | +0.011% | $1.2M | $6.2M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0054% | 1h | 376.24 | +0.021% | $289K | $580K | 20x | as long as short |
| Pacifica TSLAshort | +0.0100% | 1h | 375.97 | −0.051% | $390K | $37K | 10x | |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.97 | −0.051% | $1.5M | $105K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.94 | −0.058% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.96 | −0.053% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.13 | −0.008% | $745 | — | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0112% | 1h | 375.91 | −0.066% | $34K | — | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 376.13 | −0.008% | $511K | $337K | 10x | as long as short |
| Lighter TSLAlong | +0.0136% | 1h | 376.16 | long leg | $836K | $3.6M | 20x | |
| GRVT TSLA_USDT_Perp | +0.0141% | 8h | 376.33 | +0.045% | $844K | $2.8M | 10x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0176% | 1h | 376.14 | −0.005% | $18K | $193K | 10x | as long as short |
| Bullet TSLA-USD | +0.0197% | 1h | 376.23 | +0.017% | $4K | $90K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.15 | +0.263% | $78K | $36K | 30x | as long as short |
| Nado TSLA-PERP | +0.0272% | 1h | 376.01 | −0.040% | $489K | $112K | 20x | as long as short |
| Phoenix TSLA | +0.0298% | 1h | 376.12 | −0.011% | $1.3M | $528K | 20x | as long as short |
BloFin TSLA-USDT
Aftermath Perps TSLAUSD
Gate TSLA_USDT
Lighter RH TSLA
Arcus TSLA-USD
Vest TSLA-USD-PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
QFEX TSLA-USD
RISEx TSLA/USDC
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
Hotstuff TSLA-PERP
Coinbase International TSLA-PERP-INTX
GRVT TSLA_USDT_Perp
Deribit TSLA_USDC-PERPETUAL
Bullet TSLA-USD
Injective TSLA/USDC PERP
Nado TSLA-PERP
Phoenix TSLA