Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Lighter RH−0.064%57s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as 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−$260.255% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.064%, 7d avg −0.030%
=Together, before fees+0.171%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.034% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 41 hours of funding at the current rate (+$2 a day). The two prices were read 57 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 | Lighter RH TSLA | 375.91 | 0.0032 | pay 0.0004% / 1h | 57m 46s | $1.3M | $2.5M | 20x |
| Short | Pacifica TSLA | 375.67 | 0.0100 | get 0.0013% / 1h | 57m 46s | $389K | $37K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $14.28
- Price spread: −0.064% → −0.030%
- −$3.44
- Slippage, 4 orders
- −$17.51
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$14.67
- Costs to cover
- 0.255%
- Break-even
- 14.2 days
Slippage from Lighter RH: live order book, 5 min ago; Pacifica: live order book, 46 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 | 1.20 bp | 1.5 bp −$1 | 4.9 bp −$49 | 44.0 bp −$4,397 | doesn't fit |
| Sell Pacifica live order book, 46 min ago | 2.80 bp | 16.0 bp −$16 | doesn't fit | 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 | −0.0308% | 4h | 375.98 | +0.018% | $398K | $1.0M | 10x | as long as short |
| Aster TSLAUSDT | 0.0000% | 8h | 376.02 | +0.030% | $574K | $200K | 50x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.00 | +0.024% | $10.2M | $15.3M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 375.97 | +0.016% | $11.2M | $16.9M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.05 | +0.037% | $2.3M | $3.4M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 375.91 | 0.000% | $17.2M | $22.9M | 100x | as long as short |
| Variational Omni TSLA | 0.0000% | 8h | 375.97 | +0.016% | $1.9M | $1.3M | — | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.08 | +0.045% | $200K | $918K | 20x | as long as short |
| Phemex TSLAUSDT | 0.0000% | 4h | 375.98 | +0.019% | $1.1M | $14K | 10x | as long as short |
| Binance TSLAUSDT | +0.0028% | 8h | 376.02 | +0.029% | $47.1M | $113.3M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps TSLAUSD | +0.0030% | 1h | 375.80 | −0.028% | $38K | $38K | 10x | as long as short |
| Lighter RH TSLAlong | +0.0032% | 1h | 375.91 | long leg | $1.3M | $2.5M | 20x | |
| Extended TSLA_24_5-USD | +0.0032% | 1h | 375.93 | +0.007% | $480K | $2.8M | 10x | as long as short |
| BloFin TSLA-USDT | +0.0040% | 8h | 376.09 | +0.048% | $577K | $355K | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 375.81 | −0.027% | $135K | $108K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 375.92 | +0.003% | — | $119K | 25x | as long as short |
| Hotstuff TSLA-PERP | +0.0048% | 1h | 375.75 | −0.043% | $34K | — | 20x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 375.74 | −0.045% | $44.6M | $14.9M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 375.78 | −0.035% | $300K | $304K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 375.91 | 0.000% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 375.65 | −0.069% | $1.6M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0052% | 1h | 375.95 | +0.011% | $1.2M | $6.2M | 10x | as long as short |
| Pacifica TSLAshort | +0.0100% | 1h | 375.67 | −0.064% | $389K | $37K | 10x | |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 375.80 | −0.029% | $1.5M | $334K | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 375.66 | −0.067% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 375.85 | −0.016% | $41K | $23K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 375.98 | +0.017% | $744 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0176% | 1h | 375.69 | −0.059% | $505K | $350K | 10x | as long as short |
| Lighter TSLA | +0.0184% | 1h | 375.96 | +0.013% | $821K | $3.7M | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 379.54 | +0.966% | $79K | $36K | 30x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0245% | 8h | 376.09 | +0.049% | $849K | $2.8M | 10x | as long as short |
| RISEx TSLA/USDC | +0.0257% | 1h | 376.09 | +0.047% | $214K | $643K | 20x | as long as short |
| Bullet TSLA-USD | +0.0295% | 1h | 376.04 | +0.035% | $6K | $90K | 10x | as long as short |
| Nado TSLA-PERP | +0.0298% | 1h | 375.70 | −0.055% | $488K | $111K | 20x | as long as short |
| Phoenix TSLA | +0.0318% | 1h | 375.90 | −0.003% | $1.3M | $525K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | +0.0549% | 1h | 375.99 | +0.021% | $18K | $194K | 10x | as long as short |
Lighter RH TSLA
Pacifica TSLA
edgeX TSLAUSDC
Aster TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
Variational Omni TSLA
StandX TSLA-USD
Phemex TSLAUSDT
Binance TSLAUSDT
Aftermath Perps TSLAUSD
Extended TSLA_24_5-USD
BloFin TSLA-USDT
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Lighter TSLA
Injective TSLA/USDC PERP
GRVT TSLA_USDT_Perp
RISEx TSLA/USDC
Bullet TSLA-USD
Phoenix TSLA
Deribit TSLA_USDC-PERPETUAL