TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%

Price spread now: tradeXYZ against Lighter−0.066%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$200.198% of the position

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days+0.058%+$6 · spread now −0.066%, 7d avg −0.036%

Together, before fees+0.069%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.030% cheaper against Lighter than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.036%). If the spread goes back, that is −$3 on $10k: about 5.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.011% in total) that is about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TSLA	376.64	0.0032	pay 0.0004% / 1h	32m 41s	$816K	$3.6M	20x
Short	tradeXYZ xyz:TSLA	376.39	0.0050	get 0.0006% / 1h	32m 41s	$44.3M	$14.4M	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 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 tradeXYZbpOrdersPrice spread, now −0.066%Rate

Funding earned: $3.78
Price spread: −0.066% → −0.036%: −$3.04
Slippage, 4 orders: −$1.84
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$19.1
Costs to cover: 0.198%
Break-even: 42.4 days

Slippage from Lighter: live order book, 10 min ago; tradeXYZ: live order book, 7 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, 10 min ago	0.26 bp	0.6 bp −$1	1.7 bp −$17	32.0 bp −$3,200	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.13 bp	9.1 bp −$9	10.3 bp −$103	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	−0.0753%	4h	376.62	−0.005%	$398K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0008%	8h	376.63	−0.003%	$576K	$353K	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	376.71	+0.019%	$577K	$196K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	376.58	−0.015%	$481K	$4.4M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	376.68	+0.010%	$47.3M	$111.2M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	376.78	+0.037%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	376.67	+0.008%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	376.68	+0.011%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	376.61	−0.008%	$17.0M	$23.1M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	376.51	−0.035%	$1.9M	$1.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX TSLA-USD	0.0000%	1h	376.61	−0.008%	$200K	$907K	20x	as long as short
Phemex TSLAUSDT	0.0000%	4h	376.66	+0.005%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0017%	1h	376.50	−0.038%	$38K	$42K	10x	as long as short
Hotstuff TSLA-PERP	+0.0024%	1h	376.34	−0.080%	$34K	—	20x	as long as short
Lighter TSLAlong	+0.0032%	1h	376.64	long leg	$816K	$3.6M	20x
Lighter RH TSLA	+0.0032%	1h	376.64	0.000%	$1.2M	$2.5M	20x	as long as short
QFEX TSLA-USD	+0.0038%	1h	376.59	−0.013%	$1.2M	$6.5M	10x	as long as short
Arcus TSLA-USD	+0.0040%	1h	376.43	−0.056%	$140K	$96K	10x	as long as short
Bullet TSLA-USD	+0.0045%	1h	376.63	−0.003%	$5K	$92K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	376.61	−0.008%	—	$130K	25x	as long as short
tradeXYZ xyz:TSLAshort	+0.0050%	1h	376.39	−0.066%	$44.3M	$14.4M	20x
Polymarket Perps TSLA-USD	+0.0050%	1h	376.39	−0.066%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	376.62	−0.005%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	376.43	−0.056%	$1.6M	$1.1M	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0053%	8h	376.67	+0.009%	$844K	$2.8M	10x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0056%	1h	376.45	−0.050%	$512K	$330K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	+0.0069%	1h	376.60	−0.011%	$20K	$188K	10x	as long as short
Gate TSLA_USDT	+0.0091%	8h	376.62	−0.005%	$2.3M	$3.6M	100x	as long as short
Pacifica TSLA	+0.0100%	1h	376.60	−0.011%	$390K	$38K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.53	−0.029%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	376.45	−0.050%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.48	−0.042%	$41K	$23K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	376.54	−0.027%	$746	—	10x	as long as short
Nado TSLA-PERP	+0.0146%	1h	376.50	−0.036%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	377.69	+0.279%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0255%	1h	376.70	+0.016%	$1.3M	$539K	20x	as long as short