TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.023%

Price spread now: Polymarket Perps against Lighter−0.032%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$150.153% of the position

Long on Lighter Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days−0.083%−$8 · spread now −0.032%, 7d avg −0.041%

Together, before fees−0.108%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TSLA	378.55	0.0080	pay 0.0010% / 1h	43m 09s	$814K	$3.0M	20x
Short	Polymarket Perps TSLA-USD	378.43	0.0050	get 0.0006% / 1h	43m 09s	$301K	$141K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$6.3
Price spread: −0.032% → −0.041%: $0.98
Slippage, 4 orders: −$7.3
Fee Lighter: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$20.62
Costs to cover: 0.153%
Break-even: never at this rate

Slippage from Lighter: live order book, 2 min ago; Polymarket Perps: live order book, 62 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, 2 min ago	0.53 bp	0.9 bp −$1	1.7 bp −$17	23.1 bp −$2,311	doesn't fit
Sell Polymarket Perps live order book, 62 min ago	1.85 bp	6.4 bp −$6	6.4 bp −$64	15.0 bp −$1,502	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
Hotstuff TSLA-PERP	−0.1600%	1h	378.37	−0.048%	$34K	—	20x	as long as short
edgeX TSLAUSDC	−0.0942%	4h	378.74	+0.050%	$400K	$1.1M	10x	as long as short
Injective TSLA/USDC PERP	−0.0220%	1h	377.60	−0.251%	$73K	$42K	30x	as long as short
Bybit TSLAUSDT	0.0000%	8h	378.68	+0.034%	$10.2M	$14.3M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	378.70	+0.040%	$11.3M	$15.7M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	378.73	+0.048%	$2.3M	$3.2M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	378.67	+0.032%	$17.4M	$25.0M	100x	as long as short
StandX TSLA-USD	0.0000%	1h	378.49	−0.016%	$201K	$1.0M	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	378.70	+0.040%	$1.1M	$15K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0024%	1h	378.54	−0.001%	$38K	$37K	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 TSLA	+0.0032%	1h	378.54	−0.003%	$1.2M	$2.3M	20x	as long as short
Arcus TSLA-USD	+0.0040%	1h	378.51	−0.011%	$133K	$83K	10x	as long as short
QFEX TSLA-USD	+0.0042%	1h	378.70	+0.040%	$1.2M	$6.3M	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	378.60	+0.013%	—	$126K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	378.43	−0.032%	$45.0M	$15.1M	20x	as long as short
Polymarket Perps TSLA-USDshort	+0.0050%	1h	378.43	−0.032%	$301K	$141K	10x
SoDEX TSLA-USD	+0.0050%	1h	378.56	+0.003%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	378.47	−0.021%	$1.6M	$1.3M	10x	as long as short
RISEx TSLA/USDC	+0.0074%	1h	378.77	+0.058%	$229K	$631K	20x	as long as short
Lighter TSLAlong	+0.0080%	1h	378.55	long leg	$814K	$3.0M	20x
Deribit TSLA_USDC-PERPETUAL	+0.0094%	1h	378.49	−0.016%	$18K	$187K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	378.49	−0.016%	$392K	$36K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	378.40	−0.040%	$1.4M	$4.6M	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	378.43	−0.032%	$4K	$61K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	378.41	−0.037%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	378.67	+0.033%	$750	—	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0112%	1h	378.77	+0.058%	$521K	$401K	10x	as long as short
Aster TSLAUSDT	+0.0126%	8h	378.73	+0.048%	$577K	$201K	50x	as long as short
Variational Omni TSLA	+0.0156%	8h	378.75	+0.052%	$1.7M	$1.5M	—	as long as short
Bullet TSLA-USD	+0.0179%	1h	378.72	+0.045%	$5K	$94K	10x	as long as short
BloFin TSLA-USDT	+0.0181%	8h	378.76	+0.055%	$594K	$382K	20x	as long as short
Binance TSLAUSDT	+0.0183%	8h	378.68	+0.034%	$47.9M	$116.5M	25x	as long as short
Extended TSLA_24_5-USD	+0.0184%	1h	378.60	+0.013%	$483K	$2.7M	10x	as long as short
Nado TSLA-PERP	+0.0239%	1h	378.46	−0.023%	$502K	$99K	20x	as long as short
Phoenix TSLA	+0.0296%	1h	378.98	+0.114%	$1.4M	$520K	20x	as long as short
GRVT TSLA_USDT_Perp	+0.0403%	8h	378.89	+0.089%	$856K	$2.9M	10x	as long as short