TSLA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%

Price spread now: Lighter RH against Pacifica+0.059%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

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

costs, in and out, $10k−$260.265% of the position

Long on Pacifica Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.059%, 7d avg +0.028%

Together, before fees−0.159%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.030% dearer against Pacifica than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.028%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TSLA	375.59	0.0100	pay 0.0013% / 1h	14m 37s	$389K	$38K	10x
Short	Lighter RH TSLA	375.81	0.0032	get 0.0004% / 1h	14m 37s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Pacifica. 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 PacificabpFee Lighter RHbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$14.28
Price spread: +0.059% → +0.028%: $3.03
Slippage, 4 orders: −$18.45
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$37.7
Costs to cover: 0.265%
Break-even: never at this rate

Slippage from Pacifica: live order book, 64 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 Pacifica live order book, 64 min ago	2.13 bp	9.4 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.60 bp	1.7 bp −$2	3.1 bp −$31	40.2 bp −$4,015	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	−0.0671%	4h	375.73	+0.037%	$397K	$1.0M	10x	as long as short
Hotstuff TSLA-PERP	−0.0008%	1h	375.45	−0.037%	$34K	—	20x	as long as short
Aster TSLAUSDT	0.0000%	8h	375.62	+0.008%	$584K	$191K	50x	as long as short
Extended TSLA_24_5-USD	0.0000%	1h	375.74	+0.041%	$478K	$10.6M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	375.83	+0.064%	$46.9M	$110.1M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	375.96	+0.099%	$10.2M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	375.79	+0.053%	$11.2M	$16.8M	25x	as long as short
Gate TSLA_USDT	0.0000%	8h	375.75	+0.043%	$2.3M	$4.1M	100x	as long as short
Bitget TSLAUSDT	0.0000%	8h	375.73	+0.037%	$16.7M	$22.6M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	375.70	+0.030%	$1.9M	$1.3M	—	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	375.78	+0.051%	$199K	$892K	20x	as long as short
Bullet TSLA-USD	0.0000%	1h	375.80	+0.056%	$5K	$90K	10x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	375.70	+0.029%	$20K	$187K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	375.72	+0.035%	$1.1M	$12K	10x	as long as short
BloFin TSLA-USDT	+0.0009%	8h	375.81	+0.059%	$569K	$342K	20x	as long as short
Aftermath Perps TSLAUSD	+0.0009%	1h	375.52	−0.017%	$38K	$47K	10x	as long as short
QFEX TSLA-USD	+0.0031%	1h	375.66	+0.019%	$1.2M	$7.3M	10x	as long as short
Lighter TSLA	+0.0032%	1h	375.79	+0.053%	$653K	$3.3M	20x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	375.81	+0.059%	$1.2M	$2.6M	20x
Vest TSLA-USD-PERP	+0.0046%	1h	375.68	+0.024%	—	$133K	25x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	375.56	−0.008%	$44.2M	$14.7M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	375.60	+0.003%	$297K	$307K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	375.73	+0.037%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	375.38	−0.056%	$1.6M	$1.0M	10x	as long as short
Arcus TSLA-USD	+0.0083%	1h	375.62	+0.008%	$165K	$95K	10x	as long as short
RISEx TSLA/USDC	+0.0085%	1h	375.83	+0.064%	$254K	$577K	20x	as long as short
Pacifica TSLAlong	+0.0100%	1h	375.59	long leg	$389K	$38K	10x
KuCoin TSLAUSDTM	+0.0100%	8h	375.60	+0.003%	$1.5M	$160K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	375.56	−0.008%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	375.62	+0.008%	$41K	$21K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	375.71	+0.033%	$744	—	10x	as long as short
Nado TSLA-PERP	+0.0105%	1h	375.61	+0.006%	$493K	$110K	20x	as long as short
Coinbase International TSLA-PERP-INTX	+0.0120%	1h	375.11	−0.128%	$529K	$328K	10x	as long as short
GRVT TSLA_USDT_Perp	+0.0145%	8h	375.83	+0.064%	$846K	$2.8M	10x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	376.62	+0.274%	$78K	$36K	30x	as long as short
Phoenix TSLA	+0.0362%	1h	375.79	+0.053%	$1.3M	$547K	20x	as long as short