Funding you earn now, next payment 09:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.019%
Price spread now: Coinbase International against Lighter RH+0.112%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$210.211% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.112%, 7d avg −0.088%
=Together, before fees−0.121%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.200% dearer against Lighter RH than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH TSLA | 376.40 | 0.0032 | pay 0.0004% / 1h | 54m 14s | $1.2M | $2.5M | 20x |
| Short | Coinbase International TSLA-PERP-INTX | 376.82 | 0.0120 | get 0.0015% / 1h | 54m 14s | $508K | $367K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $18.48
- Price spread: +0.112% → −0.088%
- $19.99
- Slippage, 4 orders
- −$11.11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $17.36
- Costs to cover
- 0.211%
- Break-even
- 0.4 days
Slippage from Lighter RH: live order book, 4 min ago; Coinbase International: live order book, 39 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, 4 min ago | 1.59 bp | 1.7 bp −$2 | 5.6 bp −$56 | 47.3 bp −$4,732 | doesn't fit |
| Sell Coinbase International live order book, 39 min ago | 2.80 bp | 9.0 bp −$9 | 11.6 bp −$116 | 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 | −0.0815% | 4h | 376.81 | +0.109% | $396K | $1.0M | 10x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.46 | +0.016% | $10.1M | $15.0M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.54 | +0.037% | $11.2M | $16.8M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.48 | +0.021% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.52 | +0.032% | $17.2M | $23.7M | 100x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.33 | −0.019% | $18K | $192K | 10x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 376.59 | +0.050% | $1.1M | $14K | 10x | as long as short |
| StandX TSLA-USD | +0.0009% | 1h | 376.49 | +0.024% | $200K | $967K | 20x | as long as short |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 376.41 | +0.003% | $38K | $36K | 10x | as long as short |
| Lighter RH TSLAlong | +0.0032% | 1h | 376.40 | long leg | $1.2M | $2.5M | 20x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus TSLA-USD | +0.0040% | 1h | 376.26 | −0.037% | $132K | $109K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.43 | +0.008% | — | $126K | 25x | as long as short |
| Lighter TSLA | +0.0048% | 1h | 376.40 | 0.000% | $805K | $3.7M | 20x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.27 | −0.035% | $44.7M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.25 | −0.040% | $300K | $158K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.48 | +0.021% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.19 | −0.056% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0053% | 1h | 376.32 | −0.021% | $1.3M | $6.2M | 10x | as long as short |
| Aster TSLAUSDT | +0.0081% | 8h | 376.73 | +0.087% | $575K | $189K | 50x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.15 | −0.066% | $389K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.24 | −0.043% | $1.4M | $2.8M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.47 | +0.019% | $4K | $62K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.42 | +0.005% | $41K | $24K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.69 | +0.077% | $746 | — | 10x | as long as short |
| Variational Omni TSLA | +0.0112% | 8h | 376.75 | +0.093% | $1.7M | $1.5M | — | as long as short |
| Coinbase International TSLA-PERP-INTXshort | +0.0120% | 1h | 376.82 | +0.112% | $508K | $367K | 10x | |
| BloFin TSLA-USDT | +0.0132% | 8h | 376.55 | +0.040% | $579K | $365K | 20x | as long as short |
| Extended TSLA_24_5-USD | +0.0136% | 1h | 376.42 | +0.005% | $481K | $2.7M | 10x | as long as short |
| Binance TSLAUSDT | +0.0139% | 8h | 376.50 | +0.027% | $47.2M | $115.4M | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0152% | 1h | 376.17 | −0.061% | $34K | — | 20x | as long as short |
| Bullet TSLA-USD | +0.0174% | 1h | 376.57 | +0.045% | $6K | $93K | 10x | as long as short |
| RISEx TSLA/USDC | +0.0175% | 1h | 376.49 | +0.024% | $215K | $652K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.42 | +0.802% | $79K | $37K | 30x | as long as short |
| Nado TSLA-PERP | +0.0243% | 1h | 376.26 | −0.036% | $499K | $111K | 20x | as long as short |
| Phoenix TSLA | +0.0404% | 1h | 377.00 | +0.159% | $1.3M | $502K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0683% | 8h | 377.11 | +0.189% | $849K | $2.9M | 10x | as long as short |
Lighter RH TSLA
Coinbase International TSLA-PERP-INTX
edgeX TSLAUSDC
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Deribit TSLA_USDC-PERPETUAL
Phemex TSLAUSDT
StandX TSLA-USD
Aftermath Perps TSLAUSD
Lighter TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Aster TSLAUSDT
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Variational Omni TSLA
BloFin TSLA-USDT
Extended TSLA_24_5-USD
Binance TSLAUSDT
Bullet TSLA-USD
RISEx TSLA/USDC
Injective TSLA/USDC PERP
Phoenix TSLA
GRVT TSLA_USDT_Perp