Settings8H · net · $10k
Funding arb · Price arb /

TSLA

RWAall TSLA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.040%
Price spread now: Lighter against Bitget+0.003%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 7 days−0.043%−$4 · spread now +0.003%, 7d avg −0.047%
Together, before fees+0.054%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.050% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TSLAUSDT375.970get 0.0000% / 8h7h 50m$17.3M$22.9M100x
ShortLighter TSLA375.980.0040get 0.0005% / 1h50m 44s$805K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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

Funding earned
$8.4
Price spread: +0.003% → −0.047%
$5.01
Slippage, 4 orders
−$6.79
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.38
Costs to cover
0.188%
Break-even
11.5 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago0.13 bp8.5 bp −$911.2 bp −$112doesn't fitdoesn't fit
Sell Lighter live order book, 7 min ago0.93 bp1.0 bp −$11.8 bp −$1825.4 bp −$2,539doesn't fit

TSLA on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TSLAUSDC−0.0294%4h375.73−0.064%$397K$1.0M10xas long as short
Bybit TSLAUSDT0.0000%8h375.94−0.008%$10.2M$15.2M100xas long as short
OKX TSLA-USDT-SWAP0.0000%8h375.84−0.035%$11.2M$16.8M25xas long as short
Gate TSLA_USDT0.0000%8h376.00+0.008%$2.3M$3.3M100xas long as short
Bitget TSLAUSDTlong0.0000%8h375.97long leg$17.3M$22.9M100x
GRVT TSLA_USDT_Perp0.0000%8h376.06+0.024%$845K$2.9M10xas long as short
StandX TSLA-USD0.0000%1h375.98+0.003%$200K$921K20xas long as short
Deribit TSLA_USDC-PERPETUAL0.0000%1h375.89−0.021%$18K$190K10xas long as short
Phemex TSLAUSDT0.0000%4h376.07+0.027%$1.1M$14K10xas long as short
Aster TSLAUSDT+0.0012%8h375.80−0.044%$574K$200K50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps TSLAUSD+0.0032%1h375.85−0.033%$38K$36K10xas long as short
Lighter RH TSLA+0.0032%1h375.98+0.003%$1.2M$2.5M20xas long as short
Lighter TSLAshort+0.0040%1h375.98+0.003%$805K$3.7M20x
Hotstuff TSLA-PERP+0.0040%1h375.77−0.053%$34K20xas long as short
Arcus TSLA-USD+0.0040%1h375.83−0.037%$135K$107K10xas long as short
Vest TSLA-USD-PERP+0.0046%1h376.08+0.029%$125K25xas long as short
Variational Omni TSLA+0.0048%8h376.06+0.025%$1.8M$1.3Mas long as short
QFEX TSLA-USD+0.0048%1h376.02+0.013%$1.2M$6.2M10xas long as short
BloFin TSLA-USDT+0.0048%8h376.09+0.032%$582K$357K20xas long as short
tradeXYZ xyz:TSLA+0.0050%1h375.73−0.064%$44.6M$14.6M20xas long as short
Polymarket Perps TSLA-USD+0.0050%1h375.78−0.051%$300K$161K10xas long as short
SoDEX TSLA-USD+0.0050%1h375.96−0.003%$4K$3K10xas long as short
Ondo Perps TSLA-USD.P+0.0050%1h375.59−0.101%$1.6M$1.1M10xas long as short
Bullet TSLA-USD+0.0064%1h376.09+0.032%$6K$92K10xas long as short
Extended TSLA_24_5-USD+0.0072%1h375.87−0.025%$483K$2.7M10xas long as short
Binance TSLAUSDT+0.0074%8h376.00+0.009%$47.0M$114.3M25xas long as short
Pacifica TSLA+0.0100%1h375.87−0.027%$389K$36K10xas long as short
KuCoin TSLAUSDTM+0.0100%8h375.80−0.045%$1.5M$2.1M20xas long as short
ApeX Omni TSLAUSDT+0.0100%1h375.86−0.029%$4K$62K50xas long as short
Orderly PERP_TSLA_USDC+0.0100%8h375.76−0.056%$41K$23K20xas long as short
Aevo TSLA-PERP+0.0104%1h376.02+0.013%$74510xas long as short
Nado TSLA-PERP+0.0156%1h375.86−0.029%$498K$116K20xas long as short
Coinbase International TSLA-PERP-INTX+0.0160%1h375.85−0.032%$508K$355K10xas long as short
Injective TSLA/USDC PERP+0.0220%1h379.82+1.024%$79K$37K30xas long as short
RISEx TSLA/USDC+0.0290%1h376.06+0.024%$215K$653K20xas long as short
Phoenix TSLA+0.0404%1h376.12+0.040%$1.3M$507K20xas long as short