Funding you earn now, next payment 12:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.044%
Price spread now: Arcus against Lighter RH−0.090%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$200.197% of the position
Funding, last 4 days (all we have)+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.090%, 7d avg −0.058%
=Together, before fees+0.109%+ Points / potential airdropLighter RH: Points live · farm board+$11 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: Arcus is 0.032% cheaper against Lighter RH than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH TSLA | 378.53 | 0.0032 | pay 0.0004% / 1h | 56m 00s | $1.2M | $2.3M | 20x |
| Short | Arcus TSLA-USD | 378.19 | 0.0040 | get 0.0005% / 1h | 56m 00s | $133K | $85K | 10x |
Lighter RH TSLA
Arcus TSLA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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
- $1.74
- Price spread: −0.090% → −0.058%
- −$3.17
- Slippage, 4 orders
- −$15.23
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$21.16
- Costs to cover
- 0.197%
- Break-even
- 92.2 days
Slippage from Lighter RH: live order book, 5 min ago; Arcus: live order book, 50 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 RH live order book, 5 min ago | 2.51 bp | 2.6 bp −$3 | 5.7 bp −$57 | 44.0 bp −$4,402 | doesn't fit |
| Sell Arcus live order book, 50 min ago | 4.23 bp | 6.5 bp −$6 | 7.2 bp −$72 | doesn't fit | 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 | 378.03 | −0.132% | $34K | — | 20x | as long as short |
| edgeX TSLAUSDC | −0.0273% | 4h | 378.29 | −0.065% | $400K | $1.0M | 10x | as long as short |
| Injective TSLA/USDC PERP | −0.0220% | 1h | 377.60 | −0.246% | $73K | $42K | 30x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 378.80 | +0.071% | $10.3M | $14.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 378.88 | +0.092% | $11.4M | $15.7M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 378.66 | +0.034% | $2.3M | $3.1M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 378.75 | +0.058% | $17.4M | $24.6M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 378.13 | −0.106% | $201K | $997K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 378.36 | −0.045% | $18K | $188K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 378.49 | −0.011% | $1.1M | $15K | 10x | as long as short |
Hotstuff TSLA-PERP
edgeX TSLAUSDC
Injective TSLA/USDC PERP
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDTShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 378.16 | −0.098% | $38K | $36K | 10x | as long as short |
| Lighter RH TSLAlong | +0.0032% | 1h | 378.53 | long leg | $1.2M | $2.3M | 20x | |
| Lighter TSLA | +0.0040% | 1h | 378.56 | +0.008% | $813K | $3.0M | 20x | as long as short |
| Arcus TSLA-USDshort | +0.0040% | 1h | 378.19 | −0.090% | $133K | $85K | 10x | |
| QFEX TSLA-USD | +0.0042% | 1h | 378.17 | −0.095% | $1.2M | $6.3M | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 378.35 | −0.048% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 378.36 | −0.045% | $44.9M | $15.0M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 378.16 | −0.098% | $301K | $134K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 378.46 | −0.018% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 377.89 | −0.169% | $1.6M | $1.2M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0074% | 1h | 378.45 | −0.021% | $229K | $631K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 378.15 | −0.100% | $392K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 378.41 | −0.032% | $1.4M | $4.5M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 378.09 | −0.116% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 378.45 | −0.021% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 378.50 | −0.007% | $749 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 378.12 | −0.108% | $520K | $385K | 10x | as long as short |
| Bullet TSLA-USD | +0.0114% | 1h | 378.50 | −0.008% | $6K | $94K | 10x | as long as short |
| Aster TSLAUSDT | +0.0119% | 8h | 378.69 | +0.041% | $577K | $200K | 50x | as long as short |
| Variational Omni TSLA | +0.0151% | 8h | 378.29 | −0.062% | $1.7M | $1.5M | — | as long as short |
| Binance TSLAUSDT | +0.0173% | 8h | 378.77 | +0.064% | $47.6M | $115.4M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0176% | 1h | 378.56 | +0.008% | $483K | $2.7M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0182% | 8h | 378.43 | −0.026% | $593K | $377K | 20x | as long as short |
| Nado TSLA-PERP | +0.0200% | 1h | 378.24 | −0.076% | $502K | $99K | 20x | as long as short |
| Phoenix TSLA | +0.0360% | 1h | 378.30 | −0.061% | $1.3M | $484K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0398% | 8h | 378.41 | −0.033% | $852K | $2.9M | 10x | as long as short |
Aftermath Perps TSLAUSD
Lighter TSLA
QFEX TSLA-USD
Vest TSLA-USD-PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Ondo Perps TSLA-USD.P
RISEx TSLA/USDC
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
Coinbase International TSLA-PERP-INTX
Bullet TSLA-USD
Aster TSLAUSDT
Variational Omni TSLA
Binance TSLAUSDT
Extended TSLA_24_5-USD
BloFin TSLA-USDT
Nado TSLA-PERP
Phoenix TSLA
GRVT TSLA_USDT_Perp