Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%
Price spread now: tradeXYZ against Lighter−0.051%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.051%, 7d avg −0.037%
=Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, 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 | 375.52 | 0.0032 | pay 0.0004% / 1h | 34m 03s | $804K | $3.7M | 20x |
| Short | tradeXYZ xyz:TSLA | 375.33 | 0.0050 | get 0.0006% / 1h | 34m 03s | $44.5M | $14.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.051% → −0.037%
- −$1.31
- Slippage, 4 orders
- −$3.71
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$19.24
- Costs to cover
- 0.217%
- Break-even
- 42.6 days
Slippage from Lighter: live order book, 3 min ago; tradeXYZ: live order book, 4 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, 3 min ago | 0.13 bp | 0.5 bp −$1 | 2.0 bp −$20 | 21.7 bp −$2,170 | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.40 bp | 10.1 bp −$10 | 12.0 bp −$120 | 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 | −0.0761% | 4h | 375.83 | +0.083% | $397K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 375.33 | −0.051% | $10.2M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.33 | −0.051% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 375.58 | +0.016% | $2.3M | $3.3M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.23 | −0.077% | $17.2M | $23.0M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 375.43 | −0.024% | $199K | $934K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 375.54 | +0.005% | $18K | $191K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.53 | +0.003% | $1.1M | $14K | 10x | as long as short |
| Aster TSLAUSDT | +0.0007% | 8h | 375.60 | +0.020% | $573K | $200K | 50x | as long as short |
| Aftermath Perps TSLAUSD | +0.0030% | 1h | 375.52 | −0.001% | $38K | $35K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TSLAlong | +0.0032% | 1h | 375.52 | long leg | $804K | $3.7M | 20x | |
| Lighter RH TSLA | +0.0032% | 1h | 375.56 | +0.011% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.21 | −0.083% | $134K | $107K | 10x | as long as short |
| Variational Omni TSLA | +0.0042% | 8h | 375.42 | −0.026% | $1.8M | $1.3M | — | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.42 | −0.027% | — | $126K | 25x | as long as short |
| QFEX TSLA-USD | +0.0048% | 1h | 375.40 | −0.032% | $1.2M | $6.2M | 10x | as long as short |
| tradeXYZ xyz:TSLAshort | +0.0050% | 1h | 375.33 | −0.051% | $44.5M | $14.7M | 20x | |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.15 | −0.099% | $300K | $161K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.41 | −0.029% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.45 | −0.019% | $1.6M | $1.1M | 10x | as long as short |
| Bullet TSLA-USD | +0.0063% | 1h | 375.40 | −0.032% | $5K | $92K | 10x | as long as short |
| Extended TSLA_24_5-USD | +0.0064% | 1h | 375.30 | −0.059% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0066% | 8h | 375.44 | −0.021% | $47.1M | $114.8M | 25x | as long as short |
| BloFin TSLA-USDT | +0.0091% | 8h | 375.48 | −0.011% | $580K | $358K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0099% | 8h | 375.91 | +0.103% | $850K | $2.9M | 10x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 375.18 | −0.091% | $388K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.40 | −0.032% | $1.5M | $2.3M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.45 | −0.019% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.46 | −0.016% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.49 | −0.008% | $743 | — | 10x | as long as short |
| Hotstuff TSLA-PERP | +0.0120% | 1h | 375.34 | −0.048% | $34K | — | 20x | as long as short |
| Nado TSLA-PERP | +0.0159% | 1h | 375.65 | +0.034% | $497K | $116K | 20x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0160% | 1h | 375.48 | −0.011% | $506K | $355K | 10x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.64 | +1.097% | $79K | $37K | 30x | as long as short |
| RISEx TSLA/USDC | +0.0290% | 1h | 375.42 | −0.027% | $214K | $654K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 375.66 | +0.037% | $1.3M | $507K | 20x | as long as short |
Lighter TSLA
tradeXYZ xyz:TSLA
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
Aster TSLAUSDT
Aftermath Perps TSLAUSD
Lighter RH TSLA
Variational Omni TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Bullet TSLA-USD
Extended TSLA_24_5-USD
Binance TSLAUSDT
BloFin TSLA-USDT
GRVT TSLA_USDT_Perp
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Injective TSLA/USDC PERP
RISEx TSLA/USDC
Phoenix TSLA