Funding arb · Price arb /

TSLA

RWAall TSLA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h 0.000%

Price spread now: Lighter RH against Aster−0.033%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$170.170% of the position

Long on Aster Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days−0.015%−$1 · spread now −0.033%, 7d avg −0.046%

Together, before fees+0.023%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TSLAUSDT	377.23	0	get 0.0000% / 8h	5h 12m	$578K	$196K	50x
Short	Lighter RH TSLA	377.11	0.0032	get 0.0004% / 1h	12m 18s	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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 AsterbpFee Lighter RHbpOrdersPrice spread, now −0.033%Rate

Funding earned: $6.72
Price spread: −0.033% → −0.046%: $1.36
Slippage, 4 orders: −$9.01
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$8.92
Costs to cover: 0.170%
Break-even: 16.3 days

Slippage from Aster: live order book, 50 min ago; Lighter RH: live order book, 1 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 Aster live order book, 50 min ago	1.19 bp	7.5 bp −$8	214.1 bp −$2,141	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.72 bp	1.8 bp −$2	3.3 bp −$33	38.3 bp −$3,835	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	−0.0782%	4h	377.29	+0.014%	$399K	$1.0M	10x	as long as short
BloFin TSLA-USDT	−0.0012%	8h	377.20	−0.009%	$578K	$354K	20x	as long as short
Aster TSLAUSDTlong	0.0000%	8h	377.23	long leg	$578K	$196K	50x
Extended TSLA_24_5-USD	0.0000%	1h	377.03	−0.054%	$484K	$6.1M	10x	as long as short
Binance TSLAUSDT	0.0000%	8h	377.13	−0.028%	$47.4M	$110.8M	25x	as long as short
Bybit TSLAUSDT	0.0000%	8h	377.19	−0.012%	$10.3M	$15.4M	100x	as long as short
OKX TSLA-USDT-SWAP	0.0000%	8h	377.10	−0.035%	$11.2M	$16.9M	25x	as long as short
RISEx TSLA/USDC	0.0000%	1h	377.20	−0.008%	$290K	$587K	20x	as long as short
Bitget TSLAUSDT	0.0000%	8h	377.09	−0.038%	$17.1M	$22.9M	100x	as long as short
Variational Omni TSLA	0.0000%	8h	377.24	+0.002%	$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	377.23	−0.001%	$200K	$909K	20x	as long as short
Deribit TSLA_USDC-PERPETUAL	0.0000%	1h	376.96	−0.073%	$20K	$188K	10x	as long as short
Coinbase International TSLA-PERP-INTX	0.0000%	1h	377.04	−0.051%	$513K	$331K	10x	as long as short
Phemex TSLAUSDT	0.0000%	4h	377.13	−0.028%	$1.1M	$14K	10x	as long as short
Aftermath Perps TSLAUSD	+0.0014%	1h	377.09	−0.039%	$38K	$43K	10x	as long as short
QFEX TSLA-USD	+0.0019%	1h	377.13	−0.028%	$1.2M	$6.6M	10x	as long as short
Lighter RH TSLAshort	+0.0032%	1h	377.11	−0.033%	$1.2M	$2.6M	20x
Arcus TSLA-USD	+0.0040%	1h	377.02	−0.057%	$162K	$96K	10x	as long as short
Vest TSLA-USD-PERP	+0.0046%	1h	377.11	−0.033%	—	$130K	25x	as long as short
GRVT TSLA_USDT_Perp	+0.0046%	8h	377.40	+0.044%	$846K	$2.8M	10x	as long as short
tradeXYZ xyz:TSLA	+0.0050%	1h	376.82	−0.110%	$44.3M	$14.3M	20x	as long as short
Polymarket Perps TSLA-USD	+0.0050%	1h	377.02	−0.057%	$301K	$309K	10x	as long as short
SoDEX TSLA-USD	+0.0050%	1h	377.03	−0.054%	$4K	$3K	10x	as long as short
Ondo Perps TSLA-USD.P	+0.0050%	1h	377.02	−0.057%	$1.6M	$1.1M	10x	as long as short
Lighter TSLA	+0.0064%	1h	377.10	−0.035%	$820K	$3.6M	20x	as long as short
Hotstuff TSLA-PERP	+0.0072%	1h	376.89	−0.091%	$34K	—	20x	as long as short
Bullet TSLA-USD	+0.0097%	1h	377.16	−0.020%	$5K	$92K	10x	as long as short
Pacifica TSLA	+0.0100%	1h	377.06	−0.046%	$390K	$37K	10x	as long as short
KuCoin TSLAUSDTM	+0.0100%	8h	376.98	−0.067%	$1.5M	$105K	20x	as long as short
ApeX Omni TSLAUSDT	+0.0100%	1h	377.03	−0.054%	$4K	$62K	50x	as long as short
Orderly PERP_TSLA_USDC	+0.0100%	8h	376.92	−0.083%	$41K	$24K	20x	as long as short
Aevo TSLA-PERP	+0.0104%	1h	377.02	−0.055%	$747	—	10x	as long as short
Gate TSLA_USDT	+0.0125%	8h	377.14	−0.025%	$2.3M	$3.7M	100x	as long as short
Nado TSLA-PERP	+0.0178%	1h	376.99	−0.065%	$490K	$112K	20x	as long as short
Injective TSLA/USDC PERP	+0.0220%	1h	378.09	+0.227%	$79K	$36K	30x	as long as short
Phoenix TSLA	+0.0254%	1h	377.17	−0.017%	$1.3M	$539K	20x	as long as short