Funding you earn now, next payment 12:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.006%
Price spread now: Lighter RH against BloFin−0.108%91s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.186% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.108%, 7d avg −0.018%
=Together, before fees+0.013%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter RH is 0.091% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TSLA-USDT | 378.79 | 0.0154 | pay 0.0154% / 8h | 4h 53m | $594K | $378K | 20x |
| Short | Lighter RH TSLA | 378.38 | 0.0032 | get 0.0004% / 1h | 53m 21s | $1.2M | $2.3M | 20x |
BloFin TSLA-USDT
Lighter RH TSLAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against BloFin. 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
- −$25.71
- Price spread: −0.108% → −0.018%
- −$9.07
- Slippage, 4 orders
- −$6.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$53.39
- Costs to cover
- 0.186%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; Lighter RH: 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 BloFin live order book, 51 min ago | 0.40 bp | 7.0 bp −$7 | 10.0 bp −$100 | 24.5 bp −$2,455 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 0.13 bp | 0.5 bp $0 | 1.3 bp −$13 | 41.2 bp −$4,119 | 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 | 378.45 | −0.090% | $34K | — | 20x | as long as short |
| Injective TSLA/USDC PERP | −0.0220% | 1h | 377.60 | −0.314% | $73K | $42K | 30x | as long as short |
| edgeX TSLAUSDC | −0.0178% | 4h | 378.75 | −0.010% | $401K | $1.1M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 378.49 | −0.079% | $10.2M | $14.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 378.44 | −0.092% | $11.3M | $15.7M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 378.54 | −0.066% | $2.3M | $3.1M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 378.38 | −0.108% | $17.5M | $24.6M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 378.58 | −0.055% | $201K | $997K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 378.55 | −0.063% | $18K | $188K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 378.71 | −0.021% | $1.1M | $15K | 10x | as long as short |
Hotstuff TSLA-PERP
Injective TSLA/USDC PERP
edgeX TSLAUSDC
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 | 378.32 | −0.123% | $38K | $37K | 10x | as long as short |
| Lighter RH TSLAshort | +0.0032% | 1h | 378.38 | −0.108% | $1.2M | $2.3M | 20x | |
| Lighter TSLA | +0.0040% | 1h | 378.36 | −0.114% | $813K | $3.0M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 378.24 | −0.145% | $133K | $85K | 10x | as long as short |
| QFEX TSLA-USD | +0.0042% | 1h | 378.27 | −0.137% | $1.2M | $6.3M | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 378.49 | −0.079% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 378.19 | −0.158% | $44.9M | $15.0M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 378.23 | −0.148% | $301K | $139K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 378.08 | −0.187% | $1.6M | $1.2M | 10x | as long as short |
| SoDEX TSLA-USD | +0.0054% | 1h | 378.65 | −0.037% | $4K | $3K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0074% | 1h | 378.52 | −0.070% | $229K | $631K | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 378.22 | −0.150% | $392K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 378.12 | −0.177% | $1.4M | $4.5M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 378.49 | −0.079% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 378.23 | −0.148% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 378.72 | −0.020% | $750 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0112% | 1h | 378.12 | −0.177% | $520K | $384K | 10x | as long as short |
| Aster TSLAUSDT | +0.0119% | 8h | 378.57 | −0.058% | $577K | $200K | 50x | as long as short |
| Bullet TSLA-USD | +0.0121% | 1h | 378.47 | −0.084% | $6K | $94K | 10x | as long as short |
| Variational Omni TSLA | +0.0145% | 8h | 378.46 | −0.086% | $1.7M | $1.5M | — | as long as short |
| BloFin TSLA-USDTlong | +0.0154% | 8h | 378.79 | long leg | $594K | $378K | 20x | |
| Binance TSLAUSDT | +0.0173% | 8h | 378.49 | −0.080% | $47.6M | $115.4M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0176% | 1h | 378.31 | −0.126% | $483K | $2.7M | 10x | as long as short |
| Nado TSLA-PERP | +0.0209% | 1h | 378.28 | −0.135% | $502K | $99K | 20x | as long as short |
| Phoenix TSLA | +0.0296% | 1h | 378.67 | −0.032% | $1.4M | $520K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0387% | 8h | 378.76 | −0.008% | $852K | $2.9M | 10x | as long as short |
Aftermath Perps TSLAUSD
Lighter TSLA
Arcus TSLA-USD
QFEX TSLA-USD
Vest TSLA-USD-PERP
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
Ondo Perps TSLA-USD.P
SoDEX TSLA-USD
RISEx TSLA/USDC
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Orderly PERP_TSLA_USDC
Aevo TSLA-PERP
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
Bullet TSLA-USD
Variational Omni TSLA
Binance TSLAUSDT
Extended TSLA_24_5-USD
Nado TSLA-PERP
Phoenix TSLA
GRVT TSLA_USDT_Perp